1. Invesco launched the QQQ 15 Index for risk-adjusted returns. 2. The index targets a volatility of 15% using a unique investment method. 3. Invesco's collaboration with Eagle Life enhances product offerings. 4. The QQQ Index has a strong 25-year track record. 5. The index aims to simplify investment strategies for clients.
Launching the QQQ 15 Index leverages demand for innovative products, likely boosting investor interest. Past similar index launches have positively impacted legacy funds and associated stock performance.
The news highlights strategic growth in an area integral to Invesco's business model, suggesting significant market visibility and potential revenue growth.
This initiative will likely contribute to sustained interest in Invesco's products, influenced by market conditions over time. Established indexes typically provide long-term growth through increased trust and client engagement.
ATLANTA, March 12, 2025 /PRNewswire/ -- Invesco Indexing LLC, an independent index provider owned by global asset manager Invesco Ltd. (IVZ), announced today the launch of Invesco QQQ 15 Index. Invesco QQQ 15 Index will incorporate equity exposure focused on the Invesco QQQ, with the goal of offering strong risk adjusted returns that seeks to maintain a target volatility of 15%. This index was created specifically for index-linked crediting strategies available on Eagle Life's Select Focus series fixed index annuities.
"We are excited to expand upon our collaboration with Eagle Life and have the ability to offer a unique exposure based on one of our most high demand offerings, Invesco QQQ," says Paul Temple, Head of Financial Institutions Group at Invesco. "Invesco is one of the few global asset managers capable of servicing clients who want exacting exposures through customizable indexes based on our most high-profile products."
Invesco QQQ 15 Index will leverage the Invesco QQQ - which celebrated 25 years of a live track record in 2024. Invesco QQQ 15 Index will incorporate the same innovative equity exposure as the Invesco QQQ ETF while using a responsive methodology to rapidly adjust index exposure to target volatility of 15%, daily. Invesco QQQ 15 will only use cash to manage volatility, allowing it to avoid interest duration exposure. Targeting a volatility of 15% should allow Invesco QQQ 15 Index the ability to maintain high equity exposure and reasonably stable crediting over time.
"Our goal is to enhance our product with options that combine the potential for strong performance with simplicity and familiarity," says Bryan Albert, Vice President, Head of Sales at Eagle Life. "The addition of the Invesco QQQ 15 index is part of broader changes and recent enhancements that are a testament to our commitment to that goal."
By offering the Invesco QQQ 15 Index within its fixed index annuity, Eagle Life will benefit from dedicated Invesco support and resources, to further its marketing and distribution efforts.
Invesco Indexing LLC is an independent index provider owned by global asset manager Invesco Ltd. Invesco Indexing develops and administers a wide array of equity, fixed income, and multi-asset indices. These indices provide market exposures for both local and global markets, offering a full range of strategies. Invesco Indexing's full range of indices are constructed by experienced investment professionals and are designed to help clients meet specific financial objectives. As of December 31, 2024, Invesco Indexing administered over 150 indexes with $26.5 billion in associated assets. For more information, visit www.invescoindexing.com.
Invesco Ltd. (TickerNYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed US$1.85 trillion in assets on behalf of clients worldwide as of December 31, 2024. For more information, visit www.invesco.com/corporate.
The sponsor of the Invesco QQQ TrustSM, Series 1 (QQQ), a unit investment trust, is Invesco Capital Management LLC (Invesco). Nasdaq®, Nasdaq-100 Index®, Nasdaq-100®; and QQQ® are registered trademarks of Nasdaq, Inc. and have been licensed for use by Invesco. Nasdaq makes no representation regarding the advisability of investing in QQQ and makes no warranty and bears no liability with respect to QQQ, the Nasdaq-100 Index, its use or any data included therein.
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Contact: Stephanie Diiorio, stephanie.diiorio@invesco.com, 212.278.9037
SOURCE Invesco Ltd.