Invesco KBW NASDAQ Fintech UCITS ETF Acc

Investment Risks

For complete information on risks, refer to the legal documents. The value of investments, and any income from them, will fluctuate. This may partly be the result of changes in exchange rates. Investors may not get back the full amount invested. The Fund’s ability to track the benchmark’s performance is reliant on the counterparties to continuously deliver the performance of the benchmark in line with the swap agreements and would also be affected by any spread between the pricing of the swaps and the pricing of the benchmark. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss. 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. 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 fund might purchase securities that are not contained in the reference index and will enter into swap agreements to exchange the performance of those securities for the performance of the reference index.

Product description

The Invesco KBW NASDAQ Fintech UCITS ETF Acc aims to provide the net total return performance of the KBW NASDAQ Financial Technology Index (the “Reference Index”), less the impact of fees.

The Reference Index provides exposure to US-listed companies that use technology to deliver financial products and services, such as payments, financial data, exchanges, internet banks, speciality lenders and software. The Reference Index comprises approximately 50 companies, weighted equally, and is reviewed annually and rebalanced quarterly. 

The fund aims to achieve its objective by holding a basket of equities, which typically delivers most of the fund’s return but ordinarily would not be the same as those in the Reference Index. The fund will also use unfunded swaps, which are contracts whereby one or more approved counterparties agrees to exchange with the fund any difference between the returns of the Reference Index and the basket of equities held. The aim is to achieve a closer and more consistent performance relative to the Reference Index than would generally be possible through physical replication alone.

While the investment objective of the fund is to replicate the net total return index, the swaps entered into by the fund reference an enhanced Withholding Tax version of the index. As a result the performance before fees of the ETF is likely to exceed the return of the standard net return index.

This ETF is passively managed.

Trading information

London Stock Exchange
Trading currency USD
Settlement period T+2
Exchange ticker FTEK
Bloomberg ticker FTEK LN
Bloomberg iNAV FTEKIN
Reuters ticker SOFTEK.L
Reuters iNAV 0TMTINAV.DE
WKN A2DHWJ
Valor 34903333
Sedol BYS8036
Deutsche Börse (Xetra)
Trading currency EUR
Settlement period T+2
Exchange ticker KFTK
Bloomberg ticker KFTK GR
Bloomberg iNAV FTEKINE
Reuters ticker KFTK.DE
Reuters iNAV 0TMSINAV.DE
WKN A2DHWJ
Valor 34903333
SIX Swiss Exchange
Trading currency USD
Settlement period T+2
Exchange ticker FTEK
Bloomberg ticker FTEK SW
Bloomberg iNAV FTEKIN
Reuters ticker FTEK.S
Reuters iNAV 0TMTINAV.DE
WKN A2DHWJ
Valor 34903333
Tel Aviv Exchange
Trading currency ILS
Settlement period T+2
Exchange ticker INFF5
Bloomberg ticker INFF5 IT
Reuters ticker INFF5.TA
WKN A2DHWJ
Valor 34903333

Key information

Bloomberg ticker FTEK LN
ISIN IE00BYMS5W68
Benchmark BBG ticker KFTXNR70
Management fee 0.49%
Swap fee 0.10%
NAV (30 Jun 2022) $33.01
AUM $61,265,333
Base currency USD
Umbrella AUM (30 Jun 2022) $31,722,372,013

ESG Profile

(Index 30 Jun 2022)

ESG Rating (AAA-CCC) A
Quality Score (0-10) 6.74
Carbon Intensity 6.32

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).

Costs may increase or decrease as result of currency and exchange rate fluctuations. Consult the legal documents for further information on costs.

The investment concerns the acquisition of units in a fund and not in a given underlying asset.

Nasdaq®, NASDAQ Stock Market® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Invesco UK Services Limited. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. The Corporations make no warranties and bear no liability with respect to the product(s).

The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.

The performance information on this web page refers to past performance and simulated performance. Performance of the KBW NASDAQ Financial Technology Net TR Index prior to 18 July 2016 date has been simulated by Nasdaq. Simulated performance is calculated using the index rules.

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.

Simulated performance data: the historical performance of the KBW NASDAQ Financial Technology Net TR Index (the “Index”) is simulated and uses hypothetical circumstances to estimate how the Index might have performed prior to its actual existence. Invesco provides no assurance or guarantee that the Index will operate or would have operated in the past in a manner consistent with the simulations provided.

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.