The Invesco S&P Global Water Index ETF (CGW) is designed to mirror the performance of the S&P Global Water Index. It primarily invests, dedicating at least 90% of its total assets, in the stocks that constitute this index, which may include American and Global Depositary Receipts (ADRs and GDRs). The underlying Index itself focuses on publicly traded companies within developed markets. These companies operate across various water-related segments, such as utilities, infrastructure development, and the production of equipment, instruments, and materials crucial for the water sector. The Index's return is calculated on a net basis, meaning it reflects the deduction of applicable taxes for non-resident shareholders. Both the Fund and its benchmark Index undergo rebalancing twice annually.