PKW

📎 Investment Objective

The Invesco BuyBack Achievers ETF (PKW) seeks to track the investment results of an index that is designed to provide exposure to U.S. companies that have effected a net reduction in shares outstanding of 5% or more in the trailing 12 months.

✨ Key Features

• Provides exposure to U.S. companies that have reduced their shares outstanding through buyback programs
• Utilizes a passive, index-tracking investment approach
• Relatively low expense ratio of 0.00%
• Suitable for investors seeking exposure to large-cap U.S. equities with a focus on share buybacks

⚠️ Primary Risks

• Market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying securities in the index
• Concentration risk: The ETF is heavily concentrated in the large-cap U.S. equity market and may be more volatile than a more diversified fund
• Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time and price
• Tracking error risk: The ETF may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to large-cap U.S. equities with a focus on companies that have reduced their shares outstanding through buyback programs. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.