Invesco Tradable European Price Momentum Factor UCITS ETF Acc

Product description

The Invesco Tradable European Price Momentum Factor UCITS ETF Acc aims to provide the performance of the Solactive Tradable European Price Momentum Factor Total Return (Net) Index, after fees. The index provides exposure to European-listed companies with strong price momentum as measured by an above-average percentage change in the share price over the previous year (excluding returns generated in the last month). The index comprises 50 companies and is rebalanced monthly.

Security Information

General information
Base currency EUR
Dividend treatment Continuously reinvested
Minimum investment 1 share
Launch date 22 Nov 2017
Shares outstanding 99,268
Exchanges Deutsche Börse (Xetra)
Further information
ISA Eligible
SIPP Eligible
UCITS Compliant
UK reporting status Pending
Passported to Austria, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Sweden, United Kingdom,Spain
Structure
Legal form UCITS
Open ended fund
Replication method Physical with swap overlay
Domicile Ireland
Financial year end 20 November
Tax information for German investors
Equity ratio 99.8191
Key service providers
Issuer Invesco Markets plc
Manager Invesco Investment Management Ltd
Investment manager Assenagon Asset Management S.A.
Fund administrator Northern Trust International Fund Administration Services (Ireland) Limited
Depositary Northern Trust Fiduciary Services (Ireland) Limited
Auditor PricewaterhouseCoopers
Promoter Invesco UK Services Limited

Key information

Bloomberg ticker PFTP GY
ISIN IE00BDFB5B42
Benchmark BBG ticker STEFPMNT
Management fee 0.30%
Swap fee 0.00%
NAV (15 Jul 2019) €27.24
AUM €2,704,225
Base currency EUR

Key risks

Counterparty risk:  Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. The Fund is exposed to the risk of bankruptcy, or any other type of default of the counterparty related to any trading transaction entered into by the Fund.

Risk of using derivatives:  in order to reach its investment objective, the Fund enters into swap agreements which provide the performance of the Reference Index, and may imply a range of risks which could lead to an adjustment or even the early termination of the swap agreement.

Liquidity on secondary market risk:  Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. On-exchange liquidity may be limited due to Reference Index suspension, a decision by one of the relevant stock exchanges, or a breach by the market maker of respective stock exchange requirements and guidelines. 

 

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 UK Services Limited 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.