Product description

The Invesco Euro Government Bond UCITS ETF Dist aims to provide the total return performance of the Bloomberg Euro Treasury Majors Bond Index (the "Reference Index"), less the impact of fees. The fund distributes income on a quarterly basis.

The Reference Index measures the performance of EUR-denominated, fixed-rate government debt. To be eligible for inclusion, a country must have EUR 50 billion issuance; if a country’s issuance falls below EUR 40 billion, it will exit the index. The list of eligible countries is reviewed on an annual basis. To enter the Reference Index, securities must be denominated in EUR; rated investment grade (Baa3/BBB-/BBB- or higher) using the middle rating of Moody’s, S&P and Fitch; have a minimum par amount outstanding of EUR 300 million; and at least one year until final maturity, regardless of optionality. To remain in the Reference Index, securities must be rated B3/B-/B- or higher, after dropping the highest and lowest available ratings. Local currency treasury issues are rated using the long-term local currency sovereign rating from Moody's, S&P and Fitch. The Reference Index rebalances monthly.

The portfolio managers aim to achieve the fund’s objective by using portfolio modelling tools and techniques to buy and hold a proportion of the index securities that represents the characteristics of the entire index. The objective of this sampling method is to replicate the index performance as closely as possible while reducing the costs that would normally be incurred with full replication.

Security Information

General information
Base currency EUR
Dividend treatment Quarterly
Minimum investment 1 share
Launch date 28 Aug 2019
Shares outstanding 185,250
Exchanges Deutsche Börse (Xetra)
Borsa Italiana
Further information
ISA Eligible
SIPP Eligible
UCITS Compliant
UK reporting status Yes
Passported to Austria, Denmark (Institutional), Finland, France, Germany, Ireland, Israel (Institutional), Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland (Institutional), United Kingdom
Structure
Legal form UCITS
Open ended fund
Replication method Physical
Domicile Ireland
Financial year end 31 December
Tax information for German investors
Equity ratio 0.0000
Key service providers
Issuer Invesco Markets II plc
Manager Invesco Investment Management Limited
Investment manager Invesco Capital Management LLC
Fund administrator BNY Mellon Fund Services (Ireland) DAC
Depositary The Bank of New York Mellon SA/NV
Auditor PricewaterhouseCoopers
Promoter Invesco Investment Management Limited
Yield information
Dividend frequency Quarterly
Use of income Distributed
Fiscal year end 31 December
Currency EUR
Fund statistics NAV ( 24 Sep 2021 )
Number of holdings 251
Recent distributions
Announcement date
Ex-date N/A
Record date N/A
Payment date N/A
Distribution per shares N/A
Download all distributions

Key information

Bloomberg ticker EIBB GY
ISIN IE00BGJWWX56
Benchmark BBG ticker I34046EU
Management fee 0.10%
NAV (24 Sep 2021) €39.36
AUM €7,291,151
Base currency EUR
Securities lending Yes
Umbrella AUM (24 Sep 2021) €5,768,026,364

ESG Profile

(Fund 24 Sep 2021)

ESG Rating (AAA-CCC) A
Quality Score (0-10) 6.06
Carbon Intensity N/A

Source: MSCI ESG Research. For more information on the ESG profile, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$million sales).

Key risks

General Investment Risk: The value of investments, and income from them, can go down as well as up and you may not get back the full amount you invested.

Credit risk: The creditworthiness of the debt the Fund is exposed to may weaken and result in fluctuations in the value of the Fund. There is no guarantee the issuers of debt will repay the interest and capital on the redemption date. The risk is higher when the Fund is exposed to high yield debt securities.

Interest Rate Risk: Changes in interest rates will result in fluctuations in the value of the Fund.

The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.

“Bloomberg®” and the Bloomberg Euro Treasury Majors Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Invesco. Bloomberg is not affiliated with Invesco, and Bloomberg does not approve, endorse, review, or recommend the Invesco Euro Government Bond UCITS ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Invesco Euro Government Bond UCITS ETF.

The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Invesco accepts no responsibility for loss, however caused, resulting from errors in this data.

ETF performance is in the fund’s base currency, includes dividends, reinvested. ETF performance is Net Asset Value after management fees and other ETF costs but does not consider any commissions or custody fees payable when buying, holding or selling the ETF. The ETF does not charge entry or exit fees. Data: Invesco