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.

Trading information

London Stock Exchange
Trading currency USD
Settlement period T+2
Exchange ticker XLCS
Bloomberg ticker XLCS LN
Bloomberg iNAV XLCSIN
Reuters ticker XLCS.L
Reuters iNAV 18FTINAV.DE
WKN A2JQDH
Valor 42924446
Sedol BFNRKT1
Today (16 Dec 2018)
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London Stock Exchange
Trading currency GBP
Settlement period T+2
Bloomberg ticker XLCP
Bloomberg iNAV XLCPIN
Reuters ticker XLCP.L
Reuters iNAV 18FSINAV.DE
WKN A2JQDH
Valor 42924446
Today (16 Dec 2018)
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Borsa Italiana
Trading currency EUR
Settlement period T+2
Exchange ticker XLCS
Bloomberg ticker XLCS IM
Bloomberg iNAV XLCSINE
Reuters ticker XLCS.MI
Reuters iNAV 18FRINAV.DE
WKN A2JQDH
Valor 42924446
Today (16 Dec 2018)
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SIX Swiss Exchange
Trading currency USD
Settlement period T+2
Exchange ticker XLCS
Bloomberg ticker XLCS SW
Bloomberg iNAV XLCSIN
Reuters ticker XLCS.S
Reuters iNAV 18FTINAV.DE
WKN A2JQDH
Valor 42924446
Today (16 Dec 2018)
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Offer price Loading...
iNAV Loading...
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Key information

Bloomberg ticker XLCS LN
ISIN IE00BG7PP820
Benchmark BBG ticker SPSUCSUN
Management fee 0.14%
Swap fee 0.00%
NAV (13 Dec 2018) $38.40
AUM $11,372,811
Base currency USD

Key fund 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 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.