Invesco Indexing is initiating a notification for a change to the Index Methodology Document.
Invesco Indexing proposes to change the static threshold in GNIC to define qualified countries. Current threshold is to include countries that have GNIPC between $500 and $15,000. New proposal is to adjust the cutoff annually using low & middle-income country growth rate of GNIPC published by World Bank with 3-year delay. The adjustment would have been started from 2019. As of 2024, all countries with GNIPC between $509 and $17,657 would qualify for the index.
We invite interested stakeholders to contact us to either adopt the changes as proposed or maintain the current disclosures by contacting us at IndexSupport@Invesco.com.