Heads-up: Invesco QQQ proxy calls, what to know & how to handle them
Good morning,
Many of you have been getting calls and emails about an Invesco QQQ proxy vote. The vote relates to administrative minor policy/expense-ratio changes. While the impact appears limited, QQQ is one of the world’s largest ETFs, so the sponsor is trying to collect an enormous number of votes—which is why outreach has ramped up. As it stands today, they do not have enough votes and are extending the vote until December 5, 2025. We’ve also been alerted that spam and phishing callers are sometimes piggybacking on this effort. If anything looks or sounds off, hang up and call us directly.
Your options
Because this is a fund we hold, you can always assume we recommend youvote with management. Were this not the case, we would be selling the fund. You are also free to not vote (or vote against) or simply ignore the calls.
Add your number to “Do Not Call” lists. We can place you on the DNC lists used by the fund companies and service providers we work with.
Opt out of all proxy/solicitation outreach. We’ll send a DocuSign form to stop these solicitations going forward.
Quick safety reminders. Never share account numbers, passwords, or personal details with unsolicited callers. If you’re unsure whether something is legitimate, forward it to us and we’ll verify.If you’d like us to add you to the DNC and/or no-solicitation lists, just reply to this email with “Opt me out” and we’ll take care of it. Tammy will send you a docusign with a form which will accomplish the task.
As always, thanks for listening and feel free to reach out with any questions.
Ed, Frank, & Tammy
Edward Stiles
200 N Union St.
Kennett Square, PA 19348
cell 610-745-1931
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This material is intended for informational/educational purposes only and should not be construed as investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. Please contact your financial professional for more information specific to your situation.