Invesco USD Corporate Bond UCITS ETF GBP Hdg Dist

Fund components

Classe d'actifs

as of 14 janv. 2021 (%)

Country exposure

as of 22 janv. 2021 (%)

Devise

as of 22 janv. 2021 (%)

Notation de crédit

as of 14 janv. 2021 (%)

Maturité effective

as of 14 janv. 2021 (%)

Top 10 des expositions au 22 janv. 2021 (%)

Nom ISIN Cusip Coupon rate Pondération
SHIRE ACQUISITIONS INVESTMENTS 3.2% 23/09/2026 US82481LAD10 82481LAD1 3.2 0,43 %
COOPERATIEVE RABOBANK UA 4.38% 04/08/2025 US21684AAC09 21684AAC0 4.375 0,41 %
ABBVIE INC 3.6% 14/05/2025 US00287YAQ26 00287YAQ2 3.6 0,41 %
Cash and/or Derivatives N/A N/A N/A 0,41 %
MITSUBISHI UFJ FINANCIAL GROUP 3.85% 01/03/2026 US606822AD62 606822AD6 3.85 0,40 %
CREDIT SUISSE GROUP AG 3.75% 26/03/2025 US225433AC55 225433AC5 3.75 0,39 %
CREDIT SUISSE GROUP AG 3.8% 09/06/2023 US225433AT80 225433AT8 3.8 0,38 %
TRUIST BANK 1.25% 09/03/2023 US89788JAB52 89788JAB5 1.25 0,36 %
PNC BANK NA 2.7% 01/11/2022 US69349LAG32 69349LAG3 2.7 0,36 %
BARCLAYS PLC VAR 16/05/2029 US06738EBD67 06738EBD6 4.972 0,34 %

Securities lending

 

What is Securities Lending?

Securities Lending is a well-established and tightly regulated practice involving the short-term transfer (loan) of securities. The objective is to enhance the ETF’s overall performance.

When a security is loaned, the borrower (who has been approved by Invesco and the Lending Agent) provides collateral and pays an agreed fee for the duration of the loan. Collateral is an asset that a lender accepts as security for a loan. If the borrower defaults on the loan payments, the lender can seize the collateral and resell it to recoup its losses.

 

How much revenue goes to the ETF?

The ETF will receive 90% of the revenue arising from securities lending, with the remaining 10% deducted by the Lending Agent, Bank of New York Mellon (BNY Mellon), for its fees and to cover direct and indirect operational costs. Invesco will not receive any revenue from the programme.

Risks to consider
Securities lending involves certain risks that an investor should consider, including:

  • The risk of the borrower defaulting on its obligation to return the securities at the end of the loan period, and
  • The risk of the ETF being unable to sell the collateral provided to it if the borrower defaults.

To mitigate these risks, the ETF benefits from a “borrower default indemnity” provided by the Lending Agent, BNY Mellon. The indemnity allows for full replacement of the securities loaned if the collateral does not cover the value of the securities in the event of a borrower default.

To find out more view the Invesco ETFs Securities Lending document in our Documents section.

Informations sur le prêt de titres

Revenus captés par le fonds 90%
Montant maximum du fonds qui peut être prêté 30%
Montant maximum qui peut être prêté (par titre individuel) 90%

Collatéral par type d’actifs

as of 21 janv. 2021 (%)

Collateral Held by Country

as of 21 janv. 2021 (%)

Collatéral par devise

as of 21 janv. 2021 (%)

Valeur du collateral détenu

as of 21 janv. 2021 (%)

Top 10 Collateral Exposures as of 21 janv. 2021

Nom Cusip ISIN Pondération
UNITED STATES TREASURY NOTE 9128284Z0 US9128284Z04 7,70 %
UNITED STATES TREASURY NOTE 912828G38 US912828G385 4,00 %
US TREASURY INFLATION INDEXED NOTES 912828V49 US912828V491 3,20 %
UNITED STATES TREASURY NOTE 9128283P3 US9128283P31 2,80 %
US TREASURY INFLATION INDEXED NOTES 912828Y38 US912828Y388 2,80 %
UNITED STATES TREASURY NOTE 912828XD7 US912828XD79 2,40 %
UNITED STATES TREASURY NOTE 912828RC6 US912828RC60 2,30 %
UNITED STATES TREASURY BOND 912810QW1 US912810QW18 2,30 %
US TREASURY INFLATION INDEXED NOTES 912828UH1 US912828UH11 2,20 %
Other N/A N/A 70,00 %

Informations clés

Code Bloomberg PUIP LN
ISIN IE00BJ06C481
Code Bloomberg Benchmark I33431US
Frais de gestion 0,12 %
NAV (22 janv. 2021) £41.59
AUM £52,435,959
Devise GBP
Securities lending Yes
Umbrella AUM (22 janv. 2021) £3,224,103,762

ESG Characteristics

(Index 22 janv. 2021)

ESG Rating (AAA-CCC) A
Quality Score (0-10) 6.26
Carbon Intensity 255.52

Source: MSCI ESG Research. For more information on ESG characteristics, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$million sales).

Key risks

Capital is not guaranteed:  The value of investments, and income from them, can go down as well as up and you may not get back the full amount you invested.

Index tracking:  The Fund will not replicate the performance of its Reference Index perfectly, this is because the Fund will incur drags on performance such as expenses and transactions costs, which the Reference Index is not subject to. If the Fund is unable to hold the securities in the exact proportion required this will affect its ability to track the Reference Index.

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, a breach by the market maker or respective stock exchange requirements and guidelines.

Value of securities:  The value of securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. 

 

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.