New ETFs Target Semiconductors and Biotechnology
About This Episode
Invesco recently expanded its ETF lineup launching two new exchange-traded funds that capture timely technology themes – biotechnology and semiconductors. The new ETFs will track well-recognized Nasdaq Indexes with nearly 30 years of live track record; the Nasdaq Biotechnology Index and the PHLX Semiconductor Sector Index. In the last year, the advances of technology – in which semiconductors are critical – deeply impacted the way people engaged during the pandemic. The biotechnology space has paved society's way out of the pandemic. The past year has underscored the importance of these companies, which are often well-positioned to capitalize on transformative technology themes, as these companies continue to expand their critical roles in society.
About Our Guest
My guest, Rene Reyna, is head of thematic and specialty product strategy for the exchange-traded funds (ETFs) and indexed strategies teams at Invesco. Rene joined Invesco in 2010. Prior to his current role, he was head of product strategy and development for Invesco’s unit trust business. He served as a unit trust product specialist prior to that role.
Show Notes
Here are links to fact sheets about the Invesco Nasdaq Biotechnology ETF (IBBQ)and the Invesco PHLX Semiconductor ETF (SOXQ).