QQQM - Invesco Small Cap Growth Fund Q4 2024 Commentary
2025-03-12 10:00:00 ET
Summary
- The small-cap universe finished the fourth quarter with gains.
- Both the fund and benchmark index had positive returns during the period.
- Small-cap tech stocks experienced robust growth, driven by advancements in artificial intelligence and increased demand for cloud-based solutions.
- We remain cautious, with a balance of defensive stable growth and offensive cyclical growth.
Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Visit invesco.com for the most recent month-end performance. Performance figures reflect reinvested distributions and changes in net asset value (NAV). Investment return and principal value will vary so that you may have a gain or a loss when you sell shares. Returns less than one year are cumulative; all others are annualized. Index source: RIMES Technologies Corp. Please keep in mind that high, double-digit returns are highly unusual and cannot be sustained. Had fees not been waived and/or expenses reimbursed in the past, returns would have been lower. Performance shown at NAV does not include the applicable front-end sales charge, which would have reduced the performance. Class Y and R6 shares have no sales charge; therefore performance is at NAV. Class Y shares are available only to certain investors. Class R6 shares are closed to most investors. Please see the prospectus for more details. |
