Ryan McCormack, QQQ Strategist, Invesco met with Julie Cooling, Founder & CEO, RIA Channel to discuss QQQ’s history of outperformance, innovation and sustained growth. McCormack also discusses the current market environment and how advisors can manage volatility.
QQQ, celebrating it’s 21st birthday this year, is widely considered to be the leading large cap growth fund of the decade. Designed to track the Nasdaq-100 index, the nearly $100 billion ETF provides exposure to innovative technology and communication stocks, weighting those sectors heavily. In the midst of the market’s recent volatility, QQQ still maintains a strong 10-year track record.
Invesco works with advisors to help them manage volatility, identify diversified income strategies and target long-term growth.
To learn more, register for Invesco’s webcast: Keeping clients “buckled-in” during times of fear, uncertainty and volatility.
Your single greatest challenge is not managing your client’s assets but managing their emotions. Your client’s perceptions and mis- perceptions, fears and phobias, exacerbated by a 24-hour news cycle predicated on the crisis of the moment, often stand between you and their long-term financial success. Over the long-term, the stock market historically reflects the objective performance of the macro-economy and the individual companies within that economy.
Over the short-term, however, the stock market often reflects the headlines of the moment and human emotion, both of which are exacerbated by a total lack of philosophical framework and historical context to ground these perceptions. Providing this framework and context, not just during times of crisis but throughout the client’s life-cycle, is, in our view, the best inoculation against unbridled fear and the poor decisions that often follow that fear.