Invesco Global Corporate Bond ESG UCITS ETF Dist
Fund components
Country exposure aggregates the primary country of risk for individual securities.
Top 10 Exposures as of 13 Jun 2024 (%)
| Name | ISIN | Cusip | Coupon rate | Weight |
|---|---|---|---|---|
| Cash and/or Derivatives | N/A | N/A | N/A | 0.70% |
| UBS Group AG 1.25% 01/09/26 | CH0336602930 | N/A | 1.25 | 0.30% |
| Verizon Communications Inc 4.329% 21/09/28 | US92343VER15 | 92343VER1 | 4.329 | 0.30% |
| HSBC Holdings PLC VAR 19/06/29 | US404280BT50 | 404280BT5 | 4.583 | 0.30% |
| Truist Financial Corp VAR 28/07/26 | US89788MAH51 | 89788MAH5 | 4.26 | 0.20% |
| Bank of America Corp VAR 07/02/30 | US06051GHQ55 | 06051GHQ5 | 3.974 | 0.20% |
| Bank of America Corp VAR 22/07/33 | US06051GKY43 | 06051GKY4 | 5.015 | 0.20% |
| HSBC Holdings PLC 4.25% 18/08/25 | US404280AU33 | 404280AU3 | 4.25 | 0.20% |
| Allianz SE VAR 25/07/53 | DE000A351U49 | D0R6AW6C1 | 5.824 | 0.20% |
| BANK OF AMERICA CORP VAR 25/04/29 | US06051GLG28 | 06051GLG2 | 5.202 | 0.20% |
Securities lending
What is Securities Lending?
Securities Lending is a well-established and tightly regulated practice involving the short-term transfer (loan) of securities. The objective is to enhance the ETF’s overall performance.
When a security is loaned, the borrower (who has been approved by Invesco and the Lending Agent) provides collateral and pays an agreed fee for the duration of the loan. Collateral is an asset that a lender accepts as security for a loan. If the borrower defaults on the loan payments, the lender can seize the collateral and resell it to recoup its losses.
How much revenue goes to the ETF?
The ETF will receive 90% of the revenue arising from securities lending, with the remaining 10% deducted by the Lending Agent, Bank of New York Mellon (BNY Mellon), for its fees and to cover direct and indirect operational costs. Invesco will not receive any revenue from the programme.
Risks to consider
Securities lending involves certain risks that an investor should consider, including:
- The risk of the borrower defaulting on its obligation to return the securities at the end of the loan period, and
- The risk of the ETF being unable to sell the collateral provided to it if the borrower defaults.
To mitigate these risks, the ETF benefits from a “borrower default indemnity” provided by the Lending Agent, BNY Mellon. The indemnity allows for full replacement of the securities loaned if the collateral does not cover the value of the securities in the event of a borrower default.
To find out more view the Invesco ETFs Securities Lending document in our Documents section.
Securities lending information
| Percentage revenue retained by the fund | 90% |
| Maximum amount of fund assets that can be loaned | 30% |
| Maximum amount of any single security that can be loaned | 90% |
Key information
| Bloomberg ticker | GCBE LN |
| ISIN | IE000FVQW7E7 |
| Benchmark BBG ticker | I38470US |
| Management fee | 0.15% |
| NAV (14 Jun 2024) | $5.05 |
| AUM | $82,888,162 |
| Base currency | USD |
| Replication method | Physical |
| Securities lending | Yes |
| Summary Risk Indicator (SRI) | 3 |
| Umbrella AUM (14 Jun 2024) | $16,045,275,004 |
| SFDR Classification | Article 8 |
ESG Profile
(Fund 13 Jun 2024)
| ESG Rating (AAA-CCC) | AA |
| Quality Score (0-10) | 7.45 |
| Carbon Intensity | 55.82 |
Source: MSCI ESG Research. For more information on the ESG profile, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$million sales).
Key documents
Costs may increase or decrease as result of currency and exchange rate fluctuations. Consult the legal documents for further information on costs.
An investment in this fund is an acquisition of units in a passively managed, index tracking fund rather than in the underlying assets owned by the fund.
“Bloomberg®” and the Bloomberg MSCI Global Liquid Corporate ESG Weighted SRI Sustainable Bond Index (the “Index”) are trademarks or service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the Index (collectively, “Bloomberg”) and/or one or more third-party providers (each such provider, a “Third-Party Provider,”) and have been licensed for use for certain purposes to Invesco (the “Licensee”). To the extent a Third-Party Provider contributes intellectual property in connection with the Index, such third- party products, company names and logos are trademarks or service marks, and remain the property, of such Third-Party Provider. Bloomberg is not affiliated with the Licensee or a Third-Party Provider, and Bloomberg does not approve, endorse, review, or recommend the Invesco Global Corporate Bond ESG UCITS ETF (the “Financial Product”). Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Index or the Financial Product.
The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.
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.
The risk / reward profile classifies the fund by an indicator representing the levels from the lowest (1) to the highest (7). For more information see the KID/KIID.