Invesco Chinese Yuan Dim Sum Bond ETF (DSUM) ETF
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Invesco Chinese Yuan Dim Sum Bond ETF (DSUM) ETF Bio
The investment objective of the Invesco Chinese Yuan Dim Sum Bond ETF seeks investment results that generally correspond to the price and yield performance of the FTSE Custom Dim Sum (Offshore CNY) Bond Index (Offshore CNY) Bond Index (the "Underlying Index”). The Fund normally will invest at least 80% of its total assets in Chinese Renminbi (RMB)-denominated bonds that comprise the Underlying Index. To qualify for the underlying index, a security must have an outstanding principal amount of RMB 1 billion, a minimum of one year to maturity to enter the index and one month to maturity to remain in the index. The Underlying Index is composed of RMB-denominated bonds issued by governments, agencies, supranationals and corporations, excluding synthetics, convertible bonds, retail bonds and CDs.