Invesco Global Listed Private Equity ETF

Frequently Asked Questions About PSP

What does PSP invest in?

The Invesco Global Listed Private Equity ETF (referred to as the Fund) aims to mirror the performance of the Red Rocks Global Listed Private Equity Index (the Index). Typically, the Fund allocates at least 90% of its assets to the securities found within this Index, which encompass American Depository Receipts (ADRs) and Global Depository Receipts (GDRs). The Index itself is composed of 40 to 75 publicly traded private equity firms, including business development companies (BDCs) and other entities primarily engaged in investing in, financing, or servicing privately held enterprises. Both the Fund and the Index undergo quarterly rebalancing and reconstitution. It's important to note that Master Limited Partnerships (MLPs) are explicitly excluded from the Underlying Index. Morningstar Inc. reported the Fund's performance as of August 31, 2025. The Fund achieved an overall rating of 4 stars among 167 funds. For specific periods, it earned 5 stars out of 167 funds for the 3-year term, 4 stars out of 146 funds for the 5-year term, and 3 stars out of 88 funds for the 10-year period. Morningstar's ratings assess funds using a risk-adjusted return metric. This approach prioritizes consistency and penalizes significant downward fluctuations in a fund's monthly returns. For comparative analysis, both open-end mutual funds and exchange-traded funds are grouped together, and only funds with a minimum of three years of history are eligible for rating. The overall rating represents a weighted average of the 3-, 5-, and 10-year metrics, where available, accounting for all fees and expenses but excluding sales charges. This information is copyrighted by Morningstar Inc. (©2025) and is proprietary; it should not be reproduced or distributed. Morningstar does not guarantee its accuracy, completeness, or timeliness, nor are they liable for any damages resulting from its use. Investors should remember that past performance does not indicate future returns. Morningstar assigns five stars to the top 10% of funds in a category, four stars to the subsequent 22.5%, three stars to the next 35%, two stars to the following 22.5%, and one star to the bottom 10%. These ratings are updated monthly. It is important to note that if fee waivers or expense reimbursements had not been in effect, the Morningstar rating would have been lower. Furthermore, ratings for different share classes may vary due to distinct performance attributes.

What is the expense ratio of PSP?

Invesco Global Listed Private Equity ETF (PSP) charges an expense ratio of 1.80%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PSP?

Invesco Global Listed Private Equity ETF (PSP) manages $225.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PSP actively managed or an index fund?

PSP's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PSP launched?

Invesco Global Listed Private Equity ETF (PSP) launched in October 2006 and is managed by Invesco.

How has PSP performed?

PSP's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.