Invesco BLDRS Emerging Markets 50 ADR Index Fund (ADRE) is an exchange-traded fund that seeks to track the investment results, before fees and expenses, of the BNY Mellon Emerging Markets 50 ADR Index, a capitalization-weighted index designed to measure the performance of approximately 50 emerging market-based depositary receipts that trade on U.S. exchanges. The fund normally holds at least 95% of its total assets in American Depositary Receipts (ADRs) comprising the index, with exposure across diversified sectors including financials, information technology, consumer discretionary, consumer staples, energy, healthcare, industrials, materials, telecommunication services, and utilities; it invests in both growth and value stocks of large-cap companies from emerging markets such as China, India, Taiwan, Brazil, and South Africa. The fund is non-diversified, rebalanced and reconstituted quarterly, and managed by Invesco Capital Management LLC as part of Invesco BLDRS Index Funds Trust.
Established on November 8, 2002, with inception trading on November 13, 2002, the fund is domiciled in the United States and lists on the NASDAQ; its address is associated with c/o Invesco Capital Management LLC in Downers Grove, Illinois, and previously New York. It primarily serves investors seeking broad exposure to leading emerging market equities via U.S.-traded ADRs, with assets under management of approximately $110.80 million as of recent data.
No major strategic changes, such as acquisitions, partnerships, funding rounds, new product launches, or reorganizations specific to ADRE, have been reported in the last 1-2 years; the fund maintains its core objective and index-tracking strategy amid ongoing parent company Invesco's broader ETF expansions in areas like climate-focused products.