Product description

The Invesco S&P 500 QVM UCITS ETF Dist aims to provide investors with investment results which, before expenses, correspond to the price and yield performance of S&P 500 Quality, Value & Momentum Multi-factor Net Total Return Index (a multi-factor index) in US dollar terms by holding, as far as practicable, all of the Index’s constituents in their respective weighting. The index constituent universe is reviewed twice a year, in June and December.

The S&P 500 Quality, Value & Momentum Multi-factor Net Total Return Index ("the Benchmark") aims to represent the performance of those companies within the S&P 500 Index which have the highest aggregate exposure to three investment factors: quality, value and momentum. To determine the components of the Benchmark, all companies included in the S&P 500 Index are assigned scores based on their performance against these three factors. These scores are then combined on an equal-weighted basis into a final factor composite. All companies are then ranked by their final factor composite with the top 100 companies being selected for inclusion in the Index, subject to a buffer rule which aims to reduce turnover. The weight for each component in the Benchmark will range between 0.05% and the lessor of 5.0% of the Benchmark or 20 times its market capitalisation weight. The weight of each sector is capped at 40% for the purposes of seeking to avoid sector concentration. 

Information about the index & index sponsor - You can view further information by visiting the S&P Dow Jones Indices website. Please note that, by using this link, you will be leaving the Invesco website. Any views and opinions expressed subsequently are not those of Invesco.

Security Information

General information
Base currency USD
Dividend treatment Quarterly
Minimum investment 1 share
Launch date 23 May 2017
Shares outstanding 400,001
Exchanges London Stock Exchange
Borsa Italiana
Deutsche Börse (Xetra)
London Stock Exchange
SIX Swiss Exchange
Euronext Paris
Further information
ISA Eligible
SIPP Eligible
UCITS Yes
UK reporting status Pending
Passported to Austria, France, Finland, Germany, Italy, Ireland, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Structure
Legal form UCITS
Open ended fund
Replication method Physical
Domicile Ireland
Financial year end 30 September
Tax information for German investors
Equity ratio 100.0000
Key service providers
Issuer Invesco Markets III plc
Manager Invesco Investment Management Limited
Investment manager Invesco Capital Management LLC
Fund administrator Bny Mellon Fund Services (Ireland) Designated Activity Company
Depositary BNY Mellon Trust Company (Ireland) Limited
Trustee BNY Mellon Trust Company (Ireland) Limited
Auditor Pricewaterhouse Coopers
Recent distributions
Announcement date 7 Mar 2019
Ex-date 14 Mar 2019
Record date 15 Mar 2019
Payment date 21 Mar 2019
Distribution per shares 0.1199
Currency USD
Download all distributions

Key information

Bloomberg ticker PQVM LN
ISIN IE00BDZCKK11
Benchmark BBG ticker SPXQVMUN
Management fee 0.35%
NAV (21 May 2019) $30.67
AUM $12,267,908
Base currency USD

Key risks

Shares of companies are generally considered high risk investments and may result in fluctuations in the value of the Fund due to external factors.

Although the Investment Manager will continually monitor the return of the Fund in comparison to the performance of the relevant Index, there can be no guarantee that the Fund will match the performance of the Index.

If the Fund is unable to hold the securities in the exact proportion required this will affect its ability to track the Index.

In tracking the Index, the Fund will be concentrated in a single country or a small number of countries.

Investors should be prepared to accept a higher degree of risk than for a fund that is geographically diversified.

As the shares of the Fund are listed on one or more stock exchange(s) there may be insufficient demand to buy or sell the shares which may cause the price to be different than the actual value of the net asset value of the Fund.

Return on your investment may be adversely affected by variations in exchange rates.

 

The performance information on this web page refers to past performance and simulated performance. Performance of the S&P 500 Quality, Value & Momentum Multi-factor Net Total Return Index prior to 30 January 2017 has been simulated by S&P 500. Simulated performance is calculated using the index rules. Past performance (actual or simulated) is not a reliable indicator of future performance. 
 
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.
 
Simulated performance data: the historical performance of the S&P 500 Quality, Value & Momentum Multi-factor Net Total Return 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.