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.

Please note that, prior to 25 May 2018, the name of this product was PowerShares S&P 500 QVM UCITS ETF. This change has no bearing on the investment objective or any other aspect of the product.

Trading information

London Stock Exchange
Trading currency USD
Settlement period T+2
Exchange ticker PQVM
Bloomberg ticker PQVM LN
Bloomberg iNAV PQVMUSIV
Reuters ticker PQVM.L
Reuters iNAV PQVMUSiv.P
WKN A2DMBV
Valor 35824780
Sedol BF0SC91
Today (12 Dec 2018)
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Borsa Italiana
Trading currency EUR
Settlement period T+2
Exchange ticker PQVM
Bloomberg ticker PQVM IM
Bloomberg iNAV PQVMEUIV
Reuters ticker PQVM.MI
Reuters iNAV PQVMEUiv.P
WKN A2DMBV
Valor 35824780
Today (12 Dec 2018)
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Deutsche Börse (Xetra)
Trading currency EUR
Settlement period T+2
Exchange ticker QVMP
Bloomberg ticker QVMP GY
Bloomberg iNAV PQVMEUIV
Reuters ticker QVMP.DE
Reuters iNAV PQVMEUiv.P
WKN A2DMBV
Valor 35824780
Today (12 Dec 2018)
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London Stock Exchange
Trading currency GBP
Settlement period T+2
Exchange ticker PQVG
Bloomberg ticker PQVG LN
Bloomberg iNAV PQVMGBIV
Reuters ticker PQVG.L
Reuters iNAV PQVMGBiv.P
WKN A2DMBV
Valor 35824780
Sedol BF0SCC4
Today (12 Dec 2018)
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SIX Swiss Exchange
Trading currency CHF
Settlement period T+2
Exchange ticker PQVM
Bloomberg ticker PQVM SW
Bloomberg iNAV PQVMCHIV
Reuters ticker PQVM.S
Reuters iNAV PQVMCHiv.P
WKN A2DMBV
Valor 35824780
Today (12 Dec 2018)
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Euronext Paris
Trading currency EUR
Settlement period T+2
Exchange ticker PQVM
Bloomberg ticker PQVM FP
Bloomberg iNAV PQVMEUIV
Reuters ticker PQVM.PA
Reuters iNAV PQVMEUiv.P
WKN A2DMBV
Valor 35824780
Today (12 Dec 2018)
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Yield information ()
Distribution yield 0.01%

Key information

Bloomberg ticker PQVM LN
ISIN IE00BDZCKK11
Benchmark BBG ticker SPXQVMUN
Management fee 0.35%
NAV (11 Dec 2018) $28.87
AUM $11,547,389
Base currency USD

Key fund 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. Source 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. Source 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.