Invesco AT1 Capital Bond UCITS ETF EUR Hdg Dist

Product description

The Invesco AT1 Capital Bond UCITS ETF EUR Hdg Dist aims to provide the performance of the Markit iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8/5% Issuer Cap), after the impact of fees. The index is a customized version of the iBoxx USD Contingent Convertible Liquid Developed Market AT1 index in which the weight of the top 5 issuers is capped at 8% and the remaining issuers are capped at 5%. It is designed to reflect the performance of financial institutions' AT1 contingent convertible debt, it aims to offer a broad coverage of the USD AT1 capital bond universe, whilst upholding minimum standards of investability and liquidity.

Trading information

Deutsche Börse (Xetra)
Trading currency EUR
Settlement period T+2
Exchange ticker XAT1
Bloomberg ticker XAT1 GY
Bloomberg iNAV XAT1IN
Reuters ticker XAT1.DE
Reuters iNAV 0X3QINAV.DE
WKN A2JK9Y
Valor 41644847
Today (12 Dec 2018)
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Borsa Italiana
Trading currency EUR
Settlement period T+2
Exchange ticker XAT1
Bloomberg ticker XAT1 IM
Bloomberg iNAV XAT1IN
Reuters ticker XAT1.MI
Reuters iNAV 0X3QINAV.DE
WKN A2JK9Y
Valor 41644847
Today (12 Dec 2018)
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iNAV Loading...
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Six Swiss Exchange
Trading currency EUR
Settlement period T+2
Exchange ticker XAT1
Bloomberg ticker XAT1 SW
Bloomberg iNAV XAT1IN
Reuters ticker XAT1.S
Reuters iNAV 0X3QINAV.DE
WKN A2JK9Y
Valor 41644847
Today (12 Dec 2018)
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Offer price Loading...
iNAV Loading...
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Portfolio information (30 Nov 2018)
Effective maturity 0.00
Effective duration 3.28
Average quality BB+
Yield information (30 Nov 2018)
YTW 8.04%

Key information

Bloomberg ticker XAT1 GY
ISIN IE00BFZPF439
Benchmark BBG ticker IBXXC1D3
Management fee 0.39%
NAV (11 Dec 2018) €19.26
AUM €50,328,111
Base currency EUR

Key fund risks

Capital is not guaranteed: 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.

Index tracking: The Fund will not replicate the performance of its Reference Index perfectly, this is because the Fund will incur drags on performance such as expenses and transactions costs, which the Reference Index is not subject to. If the Fund is unable to hold the securities in the exact proportion required this will affect its ability to track the Reference Index.

Liquidity on secondary market risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. On-exchange liquidity may be limited due to Reference Index suspension, a decision by one of the relevant stock exchanges, a breach by the market maker or respective stock exchange requirements and guidelines.

High yield securities: The Fund will hold a large amount of debt securities which are of lower credit quality, and may result in large fluctuations in the value of the Fund or which may impact he liquidity of the Fund under certain circumstances.

Contingent convertible bonds: The Fund invests in contingent convertible bonds, a type of corporate debt security that may be converted into equity or could be forced to suffer a write down of principal upon the occurrence of a pre-determined event. If this occurs, the Fund could suffer losses. Other notable risks include liquidity and default risk.

 

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. Source UK Services Limited 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.