Invesco Elwood Global Blockchain UCITS ETF Acc

Fund components

Sector exposure

as of 22 Oct 2021 (%)

Country exposure

as of 22 Oct 2021 (%)

Top 10 Exposures as of 22 Oct 2021 (%)

Name ISIN Cusip Weight
HIVE BLOCKCHAIN TECHNOLOGIES NPV CA43366H1001 43366H100 6.25%
COINBASE GLOBAL INC -CLASS A USD 0.0000 US19260Q1076 19260Q107 5.10%
BITFARMS LTD/CANADA CAD NPV CA09173B1076 09173B107 4.88%
MONEX GROUP INC NPV JP3869970008 J4656U102 4.38%
SBI HOLDINGS INC NPV JP3436120004 J6991H100 4.36%
GMO INTERNET INC NPV JP3152750000 J1822R104 3.98%
AKER ASA-A SHARES NOK28 NO0010234552 R0114P108 3.96%
TAIWAN SEMICONDUCTOR MANUFAC TWD10 TW0002330008 Y84629107 3.92%
MICROSTRATEGY INC-CL A USD0.001 US5949724083 594972408 3.81%
Kakao Corp KRW500 KR7035720002 Y4519H119 3.18%

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 15%
Maximum amount of any single security that can be loaned 90%
Average amount on loan (30 Sep 2021) 5.69%
Securities lending return (30 Sep 2021) 0.14%

Average amount on loan is the average percentage of the fund’s assets that were on loan over the previous 12 month period.

Securities lending return is the net securities lending revenue earned over the previous 12 month period, expressed as an annualised percentage return over the fund’s average AUM over the same period.

Assets on Loan

as of 30 Sep 2021 (%)

Collateral Held by Asset Type

as of 22 Oct 2021 (%)

Collateral Held by Country

as of 22 Oct 2021 (%)

Collateral Held by Currency

as of 22 Oct 2021 (%)

Value of Collateral Held

as of 22 Oct 2021 (%)

Top 10 Collateral Exposures as of 22 Oct 2021

Name Cusip ISIN Weight
MICROSOFT COM USD0.00000625 594918104 US5949181045 2.60%
UNITED STATES TREASURY BILL 9127964W6 US9127964W63 2.10%
GENERAL ELEC CO USD 0.01 369604301 US3696043013 2.00%
UNITED STATES TREASURY NOTE 9128284V9 US9128284V99 1.90%
US TREASURY INFLATION INDEXED BONDS 912810RR1 US912810RR14 1.90%
UNITED STATES TREAS NT 1.75 30JUN24 9128286Z8 US9128286Z85 1.60%
UNITED STATES TREAS NTS 2.5 15JAN22 9128285V8 US9128285V80 1.60%
UNITED STATES TREAS B 3.875 15AUG40 912810QK7 US912810QK79 1.60%
RAYTHEON TECHNOLOGIES CORP USD 1.0 75513E101 US75513E1010 1.50%
Other N/A N/A 83.00%

Key information

Bloomberg ticker BCHN LN
ISIN IE00BGBN6P67
Benchmark BBG ticker BLOCK
Management fee 0.65%
NAV (25 Oct 2021) $125.10
AUM $1,066,509,163
Base currency USD
Securities lending Yes

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.

Concentration of risk: The Fund might be concentrated in a specific region or sector or be exposed to a limited number of positions, which might result in greater fluctuations in the value of the Fund than for a fund that is more diversified.
 
Currency hedging: Currency hedging between the base currency of the Fund and the currency of the share class may not completely eliminate the currency risk between those two currencies and may affect the performance of the share class.
 
Equity Risk: The value of equities and equity-related securities can be affected by a number of factors including the activities and results of the issuer and general and regional economic and market conditions. This may 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.

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.