Invesco Bloomberg Commodity ex-Agriculture UCITS ETF
Product description
The Invesco Bloomberg Commodity ex-Agriculture UCITS ETF aims to provide the total return performance of the Bloomberg ex-Agriculture and Livestock 20/30 Capped Index (the "Reference Index"), less the impact of fees.
The Reference Index is designed to be a highly liquid and diversified benchmark for commodities. It is composed of futures contracts on 11 commodities, across energy, industrial metals and precious metals. Commodities are weighted by liquidity and global production, with caps on individual and group weightings to ensure diversification.
The fund aims to achieve its objective by holding a basket of US Treasury Bills and using unfunded swaps. The swaps are contracts whereby one or more approved counterparties agrees to exchange with the fund any difference between the returns of the index and an agreed rate linked to the US Treasury Bills held by the fund.
Article 6 SFDR – for the purposes of meeting the requirements of Article 6 SFDR, we have disclosed information on Sustainability Risks in the Prospectus Addendum found in the Documents library.
To assist with meeting some of the Fund's costs, the Manager may receive an annual fees contribution of up to 0.11% of the swap notional amount from the swap counterparties active on this fund. This fee contribution has no impact on the Fund’s net asset value and does not represent an incremental cost borne by investors.
This ETF is passively managed.
Security Information
| General information | |
|---|---|
| Base currency | USD |
| Dividend treatment | None |
| Minimum investment | 1 share |
| Launch date | 22 May 2017 |
| Shares outstanding | 6,824,354 |
| Exchanges |
Deutsche Börse (Xetra) |
| Further information | |
|---|---|
| ISA | Eligible |
| SIPP | Yes |
| 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) |
| Assets owned | US T-Bills and cash |
| Domicile | Ireland |
| Financial year end | 30 November |
| 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 | XAAG GY |
| ISIN | IE00BYXYX521 |
| Benchmark BBG ticker | BBUXALCT |
| Management fee | 0.19% |
| Swap fee | 0.21% |
| NAV (18 Apr 2024) | $29.99 |
| AUM | $204,651,871 |
| Base currency | USD |
| Replication method | Synthetic |
| Summary Risk Indicator (SRI) | 5 |
| Umbrella AUM (18 Apr 2024) | $44,881,526,412 |
Key documents
Costs may increase or decrease as result of currency and exchange rate fluctuations. Consult the legal documents for further information on costs. Returns may increase or decrease as a result of currency fluctuations.
The investment concerns the acquisition of units in a fund and not in a given underlying asset.
“BLOOMBERG®” and the Bloomberg indices listed herein (the “Indices”) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the Indices (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Invesco Markets plc hereof (the “Licensee”). Bloomberg is not affiliated with Licensee, and Bloomberg does not approve, endorse, review, or recommend the fund named herein (the “Fund”). Bloomberg does not guarantee the timeliness, accuracy, or completeness of any data or information relating to the Funds.
The performance information on this web page refers to past performance. Past performance does not predict 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. 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 KID/KIID.