Fund info

The Invesco Equally-Weighted S&P 500 Fund Class Y is an open-end mutual fund designed to provide exposure to the large-cap segment of the U.S. equity market by tracking the S&P 500 Equal Weight Index. Unlike traditional S&P 500 funds that weight constituent companies by market capitalization, this fund assigns equal weight to every stock in the index. This approach helps mitigate concentration risk by reducing the impact of the largest companies and boosting exposure to mid-sized firms, resulting in greater portfolio diversification. The fund is rebalanced quarterly, which can introduce a natural bias toward value and smaller-cap stocks and potentially create a "buy low, sell high" mechanism. Managed by an experienced team, the fund seeks total return through both capital growth and current income, making periodic distributions to shareholders. Its broad sector coverage and equal-weighted methodology capture a wider representation of the S&P 500’s performance drivers, appealing to investors seeking balanced exposure to leading U.S. companies across various industries.