Invesco Indexing

Nasdaq BulletShares® USD Emerging Markets Debt Indexes

Overview

Indexes designed to provide maturity-targeted exposure to the US dollar-denominated emerging markets debt market.  Each Index tracks a diversified basket of bonds with the same annual maturity and is designed to have a return profile similar to that of an individual held-to-maturity bond.  The result is a series of diversified fixed income Indexes with successive annual maturities.

Why BulletShares Indexes?

Nasdaq BulletShares® Indexes are built with the objective of combining the benefits of individual bonds and a diversified bond portfolio. Traditional bond portfolios typically hold bonds that mature over a number of years. This introduces increased reinvestment risk as the new bonds entering the portfolio are subject to the prevailing interest rates at rebalance. In contrast, BulletShares Indexes represent a specific year of maturity and terminate after the bonds in each Index mature. Investors can use products based on BulletShares Indexes like they use individual bonds, whether building traditional bond ladders or constructing more sophisticated portfolios designed to meet future cash flow needs.

Effective Duration

Yield to Worst

Performance1

1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year SI/BD

Characteristics

Yield Maturity Quality Duration

Matured Indexes

Ticker BulletShares® Index Maturity Date Inception Date Annualized Return Standard Deviation Reward/Risk Ratio
BSEMJ USD Emerging Markets Debt 2019 Index 12/31/2019 12/31/2012 3.22% 3.08% 0.79
BSEMK USD Emerging Markets Debt 2020 Index 12/31/2020 12/31/2012 2.99% 3.60% 0.83
BSEML USD Emerging Markets Debt 2021 Index 12/31/2021 12/31/2012 3.38% 4.33% 0.78
BSEMM USD Emerging Markets Debt 2022 Index 12/31/2022 12/31/2012 2.34% 5.16% 0.45
1.
Performance since the base date (BD) is from December 31, 2012. The index was launched on July 31, 2018. Since inception (SI) performance is shown for BSEMT inception date June 30, 2019. BSEMU inception July 1, 2020. All data prior to its launch date is back-tested (i.e. calculations of how the index might have performed over that time period had the index existed). Back-tested performance is subject to inherent limitations because it reflects retroactive application of an Index methodology and selection of index constituents with the benefit of hindsight. Past performance, actual or back-tested, is no guarantee of future performance.