Invesco QQQ Trust

Invesco QQQ Trust is an exchange-traded fund structured as a unit investment trust, specifically designed to track the performance of the Nasdaq-100 Index. The fund provides investors with exposure to 100 of the largest non-financial companies listed on the Nasdaq, focusing heavily on the technology sector but also including leading firms from sectors such as consumer discretionary, healthcare, and communications. By holding all of the index’s constituent stocks, the fund aims to closely match the price and yield performance of the Nasdaq-100, a benchmark known for its concentration of innovative, growth-oriented companies. With approximately US$318.9 billion in assets under management as of early 2025, Invesco QQQ is one of the world’s largest and most actively traded ETFs, recognized for its liquidity and transparency. The cross-listing on the Hong Kong Stock Exchange allows regional investors seamless access to this iconic fund during local market hours, broadening the reach of U.S. equity market exposure in Asia. The fund’s passive management, regular rebalancing, and distinctive sector composition make it a cornerstone vehicle for investors seeking efficient, diversified access to large-cap growth equities, particularly in the global technology space.