Invesco S&P MidCap 400 GARP ETF

The Invesco S&P MidCap 400 GARP Fund is a mutual fund designed to provide investors with exposure to mid-cap companies in the United States by focusing on the Growth at a Reasonable Price (GARP) investment strategy. This fund aims to capture long-term capital appreciation by investing in mid-sized companies that exhibit robust growth potential coupled with attractive valuations. The fund is structured to track the S&P MidCap 400 index, which is comprised of companies with market capitalizations typically ranging from $2 billion to $10 billion. Invesco S&P MidCap 400 GARP Fund targets sectors that demonstrate earnings growth above the broader market, potentially including industries like healthcare, technology, and industrials. By combining elements of both value and growth investing, the GARP strategy seeks to strike a balance between risk and return, appealing to investors who are looking for sustainable growth opportunities at modest prices. This fund plays a significant role in allowing investors to diversify their portfolios with exposure to dynamic U.S. mid-sized companies that are not too large to stifle flexibility and not too small to lack resources.