Invesco MSCI World UCITS ETF Acc
Product description
The Invesco MSCI World UCITS ETF Acc aims to provide the net total return performance of the MSCI World Index (the "Reference Index"), less the impact of fees.
The Reference Index is designed to measure equity market performance across Developed Markets countries. It captures large and mid cap representation across these countries and covers approximately 85% of the free float-adjusted market capitalisation in each country.
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 index and the basket of equities held. The aim is to achieve a closer and more consistent performance relative to the 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.
To assist with meeting some of the Fund's costs, the Manager may receive an annual fees contribution of up to 0.08% of the swap notional amount from the swap counterparties active on this fund. This fee contribution has no impact on the Fund’s net asset value and does not represent an incremental cost borne by investors.
This ETF is passively managed.
Product information
Key information
| Bloomberg ticker | SMSWLD GY |
| ISIN | IE00B60SX394 |
| Benchmark BBG ticker | NDDUWI |
| Management fee | 0.19% |
| Swap fee | 0.00% |
| NAV (30 May 2023) | $85.94 |
| AUM | $3,385,127,030 |
| Base currency | USD |
| Replication method | Synthetic |
| Risk & Reward Indicator (SRRI) | 6 |
| Umbrella AUM (30 May 2023) | $32,293,054,283 |
ESG Profile
(Index 30 May 2023)
| ESG Rating (AAA-CCC) | AA |
| Quality Score (0-10) | 8.13 |
| Carbon Intensity | 122.48 |
Source: MSCI ESG Research. For more information on the ESG profile, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$million sales).
Key documents
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.
The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.
The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with Invesco and any related funds.
Source: MSCI. The MSCI data is comprised of a custom index calculated by MSCI for, and as requested by Invesco. The MSCI data is for internal use only and may not be redistributed or used in connection with creating or offering any securities, financial products or indices. Neither MSCI nor any other third party involved in or related to compiling, computing or creating the MSCI data (the “MSCI Parties’) makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and the MSCI Parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to such data. Without limiting any of the foregoing, in no event shall any of the MSCI Parties have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
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.
The risk / reward profile classifies the fund by an indicator representing the levels from the lowest (1) to the highest (7). For more information see the KIID.