INVESCO MORNINGSTAR GLOBAL NEXT GEN UNITS ETF CAD HEDGEDINVESCO MORNINGSTAR GLOBAL NEXT GEN UNITS ETF CAD HEDGEDINVESCO MORNINGSTAR GLOBAL NEXT GEN UNITS ETF CAD HEDGED

INVESCO MORNINGSTAR GLOBAL NEXT GEN UNITS ETF CAD HEDGED

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Key stats


Assets under management (AUM)
‪13.17 M‬CAD
Fund flows (1Y)
‪2.51 M‬CAD
Dividend yield (indicated)
0.48%
Discount/Premium to NAV
−0.3%
Shares outstanding
‪475.00 K‬
Expense ratio
0.60%

About INVESCO MORNINGSTAR GLOBAL NEXT GEN UNITS ETF CAD HEDGED


Brand
Invesco
Home page
Inception date
Jan 18, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Morningstar Global Next Generation Artificial Intelligence Index - CAD - Benchmark TR Net
Management style
Passive
Dividend treatment
Distributes
Primary advisor
Invesco Canada Ltd.
The fund seeks to track an index of large- to small-cap companies from developed and emerging markets that derive at least 50% of their revenue from subsectors that relate to future software development. These component securities are expected to benefit from long-term structural trends, driven by technological and societal change, which may have a substantial impact on their performance. Index securities are weighted proportionally to their free-float market capitalization, multiplied by the aggregate revenue exposure to applicable subsectors. The index is rebalanced quarterly, starting in March, and reviewed annually in June.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Software
Strategy
Fundamental
Geography
Global
Weighting scheme
Revenue
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Stock breakdown by region
81%3%0%14%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to INAI.F via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
INAI.F trades at 27.78 CAD today, its price has risen 1.39% in the past 24 hours. Track more dynamics on INAI.F price chart.
INAI.F net asset value is 27.87 today — it's risen 14.60% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
INAI.F assets under management is ‪13.17 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
INAI.F price has risen by 15.65% over the last month, and its yearly performance shows a 20.26% increase. See more dynamics on INAI.F price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 14.60% over the last month, showed a 1.50% increase in three-month performance and has increased by 5.34% in a year.
INAI.F fund flows account for ‪2.51 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
INAI.F invests in stocks. See more details in our Analysis section.
INAI.F expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, INAI.F isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, INAI.F technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating INAI.F shows the strong buy signal. See more of INAI.F technicals for a more comprehensive analysis.
Yes, INAI.F pays dividends to its holders with the dividend yield of 0.48%.
INAI.F trades at a premium (0.33%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
INAI.F shares are issued by Invesco Ltd.
INAI.F follows the Morningstar Global Next Generation Artificial Intelligence Index - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 18, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.