Invesco has added three high-quality active ETFs to its range of products, tapping into growing demand for actively managed strategies.
The Invesco QQQ Hedged Advantage ETF (QQHG), the Invesco Comstock Contrarian Equity ETF (CTSK), and the Invesco Managed Futures Strategy ETF (IMF) launched on May 7. The new active ETFs offer access to three growth and diversification strategies. These strategies tap into several long-standing Invesco portfolio management teams, according to a statement from the firm.
“Invesco continues to bring innovative ETF strategies to market,” Todd Rosenbluth, head of research at VettaFi, said. “They have a lot of in-house active management expertise that can be leveraged across a range of investment styles.”
A Closer Look at the New Invesco Active ETFs
QQHG invests in a portfolio of equity securities designed to track the performance of the Nasdaq 100 Index. Additionally, Invesco’s team of option-based experts will implement an option overlay strategy to manage downside risk.
CSTK aims for total return through capital growth and income. The ETF’s portfolio managers focus on dislocations between stock prices and company values.
Finally, IMF seeks long-term capital appreciation with low correlation to traditional markets. The ETF employs a futures strategy. It takes both long and short positions across a variety of global markets and asset classes.
“We often hear from investors that they want the opportunity to access our high-quality active strategies through the efficiencies of the ETF vehicle. The launch of QQHG, CTSK and IMF represents Invesco’s commitment to evolving its ETF line-up to meet investor demand,” Brian Hartigan, global head of ETFs & Index Investments, said in a statement. “These new strategies represent the natural evolution of our robust ETF suite and a continuation of our focus around rules-based ETF development.”
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