Invesco adds a new Agriculture ETF to its robust Commodities ETF Suite
ATLANTA, Aug. 24, 2022 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today that it has expanded its Invesco Commodities Exchange-Traded Fund (ETF) Suite with the launch of Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA). The new ETF is actively investing in derivatives and other financially linked instruments to gain exposure to a diversified range of eleven different grains, livestock, and soft commodities, through a structure that does not produce a K-1 tax form.
- The Invesco Agriculture Commodity Strategy No K-1 ETF issues a Form 1099 rather than a Schedule K-1 tax form.
- ATLANTA, Aug. 24, 2022 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today that it has expanded its Invesco Commodities Exchange-Traded Fund (ETF) Suite with the launch of InvescoAgriculture Commodity Strategy No K-1 ETF (PDBA).
- By offering both ETF structures, Invesco allows investors the opportunity to choose which tax structure best meets their needs in a broad-based agriculture commodities ETF.
- The DBIQ Diversified Agriculture Index is a rule-based index composed of futures contracts of commodities in the agriculture sector, across grains, livestock and soft commodities.