Invesco Euro Corporate Hybrid Bond UCITS ETF Dist

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 creditworthiness of the debt the Fund is exposed to may weaken and result in fluctuations in the value of the Fund. There is no guarantee the issuers of debt will repay the interest and capital on the redemption date. The risk is higher when the Fund is exposed to high yield debt securities. Changes in interest rates will result in fluctuations in the value of the fund. The Fund may be exposed to the risk of the borrower defaulting on its obligation to return the securities at the end of the loan period and of being unable to sell the collateral provided to it if the borrower defaults. 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.

Product description

The Invesco Euro Corporate Hybrid Bond UCITS ETF Dist aims to provide the performance of the Bloomberg Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index, (the "Reference Index"), less the impact of fees. The fund distributes income on a quarterly basis.

The Reference Index measures the performance of EUR-denominated, fixed rate hybrid securities issued by non-financial corporates or government-related agencies. Constraints are in place to improve tradability and credit quality of the index, with constituents required to have a minimum €500 million outstanding, maturities of at least 1.5 years from issue and a minimum credit rating of Ba1/BB+. In addition, individual securities will be capped at 8% of the overall index value. The Reference Index rebalances monthly.

The fund aims to achieve its objective by buying and holding, as far as possible and practical, all the securities in the index in their respective weightings. The fund will aim to rebalance its holdings whenever the index is rebalanced. This method is referred to as full physical replication.

This ETF is passively managed.

Trading information

Deutsche Börse (Xetra)
Trading currency EUR
Settlement period T+2
Exchange ticker EHBD
Bloomberg ticker EHBD GY
Bloomberg iNAV EHBDIN
Reuters ticker EHBD.DE
Reuters iNAV 3Q07INAV.DE
WKN A2PVDY
Valor 51381108

Data source: London Stock Exchange Group

London Stock Exchange
Trading currency GBX
Settlement period T+2
Exchange ticker EHYB
Bloomberg ticker EHYB LN
Bloomberg iNAV EHYBIN
Reuters ticker EHYB.L
Reuters iNAV 3Q08INAV.DE
WKN A2PVDY
Valor 51381108
Sedol BKRQNH8

Data source: London Stock Exchange Group

Euronext Milan
Trading currency EUR
Settlement period T+2
Exchange ticker EHYB
Bloomberg ticker EHYB IM
Bloomberg iNAV EHBDIN
Reuters ticker EHYB.MI
Reuters iNAV 3Q07INAV.DE
WKN A2PVDY
Valor 51381108

Data source: London Stock Exchange Group

SIX Swiss Exchange
Trading currency EUR
Settlement period T+2
Exchange ticker EHYB
Bloomberg ticker EHYB SW
Bloomberg iNAV EHBDIN
Reuters ticker EHYB.S
Reuters iNAV 3Q07INAV.DE
WKN A2PVDY
Valor 51381108

Data source: London Stock Exchange Group

Portfolio information (26 Mar 2024)
Effective maturity 56.77
Effective duration 3.40
Average quality BBB
Yield information (26 Mar 2024)
Estimated YTM 5.92%
Distribution yield 2.91%
Estimated YTC 5.82%

Key information

Bloomberg ticker EHBD GY
ISIN IE00BKWD3966
Benchmark BBG ticker I35142EU
Management fee 0.39%
NAV (28 Mar 2024) €36.89
AUM €180,872,948
Base currency EUR
Replication method Physical
Securities lending Yes
Summary Risk Indicator (SRI) 2
Umbrella AUM (28 Mar 2024) €13,441,434,064

ESG Profile

(Fund 27 Mar 2024)

ESG Rating (AAA-CCC) AA
Quality Score (0-10) 7.15
Carbon Intensity 224.80

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.

Bloomberg®” and the Bloomberg Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Invesco. Bloomberg is not affiliated with Invesco, and Bloomberg does not approve, endorse, review, or recommend the Invesco Euro Corporate Hybrid Bond UCITS ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Invesco Euro Corporate Hybrid Bond UCITS ETF.

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 KID/KIID.

 

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