Investing in Wearable Tech instead of just buying it?

November 27, 2024  |  Florian Foerster
Asset_Blog_Wearable_Tech_1920
Wearable tech is on the rise in everyday life. The selection of so-called wearables now ranges from fitness trackers to smartwatches and even socks. But which companies benefit most from the boom of these gadgets?

Marketing Advertisement. Capital Investment Risk
Investors should read the sales documents before making a final investment decision.

On November 27, 2024, the Macy's Thanksgiving Day Parade will celebrate its 100th anniversary, an event in New York City that has kicked off the Christmas shopping season for a century. The following day is known as Black Friday. The "Black Friday Sales" were once characterized by people camping overnight outside stores to be the first to buy heavily discounted televisions – the bigger, the better. Now, many people want wearable technology, known as wearables. In this case, the rule is: the smaller, the better!

Wearables refer to electronic devices that can be worn in the form of clothing, jewelry, or other accessories. Tiny but powerful sensors can monitor everything from sleep patterns to blood sugar levels, providing the wearer with valuable – potentially life-saving – information. This information is often readily accessible, as seen with smartwatches.
Smart socks can monitor stress levels and detect signs that are helpful for caregivers working with dementia patients. Another example includes prosthetic gloves that can assist individuals in performing everyday tasks. Artificial intelligence (AI) is already being integrated into wearable devices.

Investors can invest in companies leading the field of wearable technology through ETFs such as the Invesco EQQQ Nasdaq-100 (Dist) that track Nasdaq indices. The Nasdaq is home to innovative and forward-looking technology companies, from Apple and Alphabet (the parent company of the Fitbit brand) to some that may not yet be household names. Over 35% of the wearable tech patents filed in 2023 belong to companies in the Nasdaq-100 index. Nasdaq companies are also involved in other promising cutting-edge technologies, including AI and cybersecurity.

Significant Risks

Complete information on the risks can be found in the sales documents.
Investing in these funds involves acquiring shares in passively managed, index-tracking funds and not acquiring the assets held by the fund.
The value of investments and the returns therefrom are subject to fluctuations. This may be partly due to changes in exchange rates. It is possible that investors may not receive the full amount invested when redeeming their shares. Funds may be exposed to the risk that the borrower fails to return the securities at the end of the loan period and that they cannot sell the collateral provided in the event of a borrower's default. Funds may be concentrated in a specific region or sector or engaged in a limited number of positions, which could lead to greater fluctuations in the fund's value compared to a more diversified fund. The value of stocks can be influenced by certain factors such as the circumstances of the issuer or economic and market conditions, leading to value fluctuations.

Important Information

This marketing advertisement is for discussion purposes only and is directed solely at investors in Germany, Austria, the Netherlands, Spain, Italy, and France.

Data as of: September 30, 2024, unless otherwise stated. This is marketing material and not investment advice. It is not intended as a recommendation to buy or sell a specific asset class, security, or strategy. Regulatory requirements that demand impartiality in investment/investment strategy recommendations are therefore not applicable, nor is the prohibition on trading prior to their publication.
Investing in these funds involves acquiring shares in passively managed, index-tracking funds and not acquiring the assets held by the fund.

The views and opinions are based on current market conditions and may change at any time.
Information about our funds and the associated risks can be found in the Key Investor Information Document (in the respective national languages) and in the sales prospectus (German, English, French), as well as in the financial reports available at www.invesco.eu. A summary of investor rights is available in English at www.invescomanagementcompany.ie. The management company may terminate distribution agreements. ETF shares purchased on the secondary market typically cannot be directly returned to the ETF. On the secondary market, investors must buy and sell shares through an intermediary (e.g., a broker). Fees may apply for this. Additionally, investors may pay more than the current net asset value when purchasing shares and may receive less than the current net asset value when selling.

Index: Nasdaq®, NASDAQ-100 IndexSM are registered trademarks of Nasdaq, Inc. (hereinafter referred to as the "Companies" together with their subsidiaries) and licensed for use by Invesco. The products or the product have not been reviewed by the Companies for legal validity or suitability. The products or the product are not issued, recommended, sold, or promoted by the Companies. The Companies make no guarantees and assume no liability in connection with the products or the product.
For complete investment objectives and detailed investment policies, please refer to the current sales prospectus.

Issued by Invesco Investment Management Limited, Ground Floor, 2 Cumberland Place, Fenian Street, Dublin 2, Ireland. RO3994614

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Asset_Author_Florian_Foerster
Florian Foerster
Head of Digital Clients (Invesco)
Florian Förster ist als Head of Digital Clients für die Investmentgesellschaft Invesco in Frankfurt tätig. Zuvor arbeitete er bei der Commerzbank in Frankfurt als Spezialist für Zertifikate und ETFs.