Core Viewpoint - Invesco has launched the Invesco QQQ 15 Index, designed to provide equity exposure with a target volatility of 15%, aimed at enhancing risk-adjusted returns through index-linked crediting strategies available on Eagle Life's Select Focus series fixed index annuities [1][2]. Group 1: Invesco QQQ 15 Index Features - The Invesco QQQ 15 Index will utilize a responsive methodology to adjust index exposure daily, maintaining a target volatility of 15% while avoiding interest duration exposure by only using cash for volatility management [2]. - This index is based on the Invesco QQQ, which has a 25-year live track record as of 2024, and aims to provide high equity exposure with stable crediting over time [2]. Group 2: Collaboration with Eagle Life - The introduction of the Invesco QQQ 15 Index is part of a broader enhancement strategy by Eagle Life, aimed at combining strong performance potential with simplicity and familiarity for clients [3]. - Eagle Life will leverage dedicated support and resources from Invesco to enhance its marketing and distribution efforts for the new index [3]. Group 3: Invesco Indexing Overview - Invesco Indexing LLC, an independent index provider owned by Invesco Ltd., administers over 150 indices with $26.5 billion in associated assets as of December 31, 2024, offering a wide range of market exposures [4]. - Invesco Ltd. managed $1.85 trillion in assets globally as of December 31, 2024, providing a comprehensive range of investment capabilities across various strategies [5].
Invesco Launches Invesco QQQ 15 Index