Invesco STOXX Europe 600 Optimised Telecommunications 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. The Fund’s performance may be adversely affected by variations in the exchange rates between the base currency of the Fund and the currencies to which the Fund is exposed.

Product description

The Invesco STOXX Europe 600 Optimised Telecommunications UCITS ETF Acc seeks to provide the net total return performance of the STOXX Europe 600 Optimised Telecommunications Index (the “Reference Index”), less the impact of fees.

The Reference Index is designed to offer investors an ideal tool to track companies of the STOXX Europe 600 Telecommunications Index with a higher degree of liquidity for long and short investments. It covers companies across 17 European countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom.

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.

This ETF is passively managed.

Security Information

General information
Base currency EUR
Dividend treatment Continuously reinvested
Minimum investment 1 share
Launch date 8 Jul 2009
Shares outstanding 20,757
Exchanges Deutsche Börse (Xetra)
Further information
ISA Eligible
SIPP Eligible
UCITS Compliant
UK reporting status Yes
Countries of distribution Austria, Denmark, Finland, France, Germany, Ireland, Israel (Institutional), Italy (Institutional), Luxembourg, Netherlands, Norway, Portugal, Singapore (Institutional), Spain, Sweden, Switzerland (Institutional), United Kingdom
Structure
Legal form UCITS
Open ended fund
Replication method Synthetic (Physical with swap overlay)
Domicile Ireland
Financial year end 30 November
Tax information for German investors
Equity ratio 95.3807
Key service providers
Issuer Invesco Markets plc
Manager Invesco Investment Management Limited
Investment manager Assenagon Asset Management S.A.
Fund administrator Northern Trust International Fund Administration Services (Ireland) Limited
Depositary Northern Trust Fiduciary Services (Ireland) Limited
Trustee Northern Trust Fiduciary Services (Ireland) Limited
Auditor KPMG
Promoter Invesco Investment Management Limited

Key information

Bloomberg ticker XKPS GY
ISIN IE00B5MJYB88
Benchmark BBG ticker SXOKR
Management fee 0.20%
Swap fee 0.00%
NAV (29 Nov 2022) €86.59
AUM €1,797,406
Base currency EUR
Replication method Synthetic
Risk & Reward Indicator (SRRI) 6
Umbrella AUM (29 Nov 2022) €29,385,393,343

ESG Profile

(Index 29 Nov 2022)

ESG Rating (AAA-CCC) A
Quality Score (0-10) 6.75
Carbon Intensity 34.46

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.

The STOXX® Optimised indices and related trademarks are proprietary to STOXX Limited and have been licensed for certain purposes by Invesco. The Funds tracking the STOXX® Optimised indices are not sponsored, sold, endorsed or promoted by STOXX Limited and have been licensed for use by Invesco.

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.

 

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.