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IPKW - Invesco International BuyBack Achievers ETF

Expense Ratio: 0.55%

IPKW ETF Stock Chart

IPKW Profile

Invesco International BuyBack Achievers ETF logo

PowerShares International BuyBack Achievers Portfolio (IPKW) is an exchange-traded fund (ETF) that seeks to track the investment results of the NASDAQ International BuyBack Achievers Index. The index is composed of international companies that have repurchased at least 5% or more of their outstanding shares in the trailing twelve months.

The ETF aims to provide investors with exposure to companies that have demonstrated financial discipline by investing in their own businesses through share buybacks. Share buybacks are a way for companies to return capital to their shareholders by reducing the number of outstanding shares, thereby increasing the value of each remaining share.

The NASDAQ International BuyBack Achievers Index consists of companies that are listed on non-U.S. exchanges and have a minimum market capitalization of $1 billion. The index is designed to track the performance of international companies that have a history of strong fundamentals, positive earnings growth, and a commitment to returning value to shareholders through share buybacks.

As of the knowledge cutoff of September 2021, the top holdings of IPKW included companies such as Japan Post Holdings Co Ltd, Deutsche Post AG, BASF SE, Koninklijke Philips NV, and Eni SpA. The fund has an expense ratio of 0.55%, which is relatively low for an international


 

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