Invesco Communications S&P US Select Sector UCITS ETF Acc

Product description

The Invesco Communications S&P US Select Sector UCITS ETF aims to provide the performance of the S&P Select Sector Capped 20% Communications Index (the “Reference Index”). The Reference Index represents the communications services sector of the S&P 500 Index. 

The Fund does this through the use of unfunded swaps (“Swaps”). These Swaps are an agreement between the Fund and an approved counterparty to exchange one stream of cash flows against another stream but do not require the Fund to provide collateral, on the basis the Fund has already invested in a basket of equities and equity related securities (namely shares). The performance of the Reference Index is swapped from the counterparty to the Fund in exchange for the performance of equities and equity related securities. The use of Swaps may multiply the gains or losses made by the Fund.

Security Information

General information
Base currency USD
Dividend treatment Continuously reinvested
Minimum investment 1 share
Launch date 14 Sep 2018
Shares outstanding 7,800,672
Exchanges London Stock Exchange
Borsa Italiana
SIX Swiss Exchange
Further information
ISA Eligible
SIPP Eligible
UCITS Compliant
UK reporting status Yes
Passported to Austria, Finland, France, Germany, Ireland, Italy (Institutional), Luxembourg, Netherlands, Norway, Portugal (Institutional), Spain, Sweden, Switzerland (Institutional), United Kingdom
Legal form UCITS
Open ended fund
Replication method Physical with swap overlay
Domicile Ireland
Financial year end 30 November
Tax information for German investors
Equity ratio 92.8124
Key service providers
Issuer Invesco Markets plc
Manager Invesco Investment Management Limited
Investment manager Assenagon Asset Management S.A.
Fund administrator Northern Trust International Fund Administration Services (Ireland) Limited
Depositary Northern Trust Fiduciary Services (Ireland) Limited
Trustee Northern Trust Fiduciary Services (Ireland) Limited
Auditor PricewaterhouseCoopers
Promoter Invesco Investment Management Limited

Key information

Bloomberg ticker XLCS LN
Benchmark BBG ticker SPSUCSUN
Management fee 0.14%
NAV (17 Sep 2020) $52.08
AUM $406,261,722
Base currency USD
Umbrella AUM (17 Sep 2020) $22,603,703,094

Key risks

Counterparty risk:  Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. The Fund is exposed to the risk of bankruptcy, or any other type of default of the counterparty related to any trading transaction entered into by the Fund.

Risk of using derivatives:  in order to reach its investment objective, the Fund enters into swap agreements which provide the performance of the Reference Index, and may imply a range of risks which could lead to an adjustment or even the early termination of the swap agreement.

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, or a breach by the market maker of respective stock exchange requirements and guidelines. 


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.