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Invesco S&P 500® Equal Weight ETF
Ticker Symbol: RSP CUSIP: 46137V357 Previous CUSIP: 739371813 Exchange: NYSEA
Company's Online Profile
FUND DESCRIPTION: Invesco S&P 500® Equal Weight ETF, formerly PowerShares S&P 500® Equal Weight Portfolio, formerly Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Invesco Exchange-Traded Fund Trust, formerly PowerShares Exchange-Traded Fund Trust, formerly Rydex ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Invesco S&P 500® Equal Weight ETF seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Equal Weight Index. INDEX DESCRIPTION: The S&P 500 Equal Weight Index is an unmanaged equal-weighted version of the S&P 500 Index, which is an unmanaged capitalization-weighted index comprised of 500 common stocks, chosen by Standard & Poor’s, on a statistical basis. Unlike the S&P 500 Index, in which each constituent stock’s weight is proportionate to its market value, each stock in the S&P 500 Equal Weight Index will be rebalanced quarterly to have the same target weighting as every other stock in the Index. FUND STRATEGY: The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index. Although the Advisor intends to use a replication strategy, the Fund may hold up to 10% of its assets in securities not included in the Index. As long as the Fund invests at least 90% of its total assets in securities included in the Index, the Fund may invest its other assets in futures contracts, options on futures contracts, options, and swaps related to the Index, as well as cash and cash equivalents. Certain of the Fund’s derivative investments may be traded in the over-the-counter (OTC) market. On a day-to-day basis, the Fund may hold U.S. Government securities or cash equivalents to collateralize its derivative positions. In an effort to make sure the Fund is fully invested on a day-to-day basis, the Fund may conduct any necessary trading activity at or just prior to the close of the U.S. financial markets. To the extent the Index is concentrated in a particular industry the Fund will necessarily be concentrated in that industry. The Fund is non-diversified and therefore may invest a greater percentage of its net assets in a particular issuer in comparison to a diversified fund. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.
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Notes: April 24, 2018 -- Invesco announced it is retiring the PowerShares brand as of June 4, 2018. The ETFs currently trading under the PowerShares name will be rebranded as Invesco Funds at https://www.invesco.com/portal/site/us/investors/home/___________On April 6, 2018, Guggenheim Investments closed the sale of its ETF business to Invesco, Ltd. The Guggenheim ETFs have been transitioned, or are in the process of being transitioned to become part of the Invesco fund family. Please visit invesco.com/powershares for information concerning the ETFs.
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IPO - 4/24/2003
Link to IPO Prospectus
Previous Name: PowerShares S&P 500® Equal Weight Portfolio Changed: 6/04/18
Large Cap Stock -
Market Value $ 3.1 Billion
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MSN Company Report for RSP
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 3500 Lacey Road, Suite 700, Downers Grove, IL 60515 |
| Main Phone Number |
630-933-9600 |
| Fax Number |
301-296-5101 |
| Investor Contact
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800-983-0903
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| Toll Free Phone Number |
800-983-0903 |
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