Invesco KBW NASDAQ Fintech UCITS ETF Acc
Product description
The Invesco KBW NASDAQ Fintech UCITS ETF Acc aims to provide the net total return performance of the KBW NASDAQ Financial Technology Index (the “Reference Index”), less the impact of fees.
The Reference Index provides exposure to US-listed companies that use technology to deliver financial products and services, such as payments, financial data, exchanges, internet banks, speciality lenders and software. The Reference Index comprises approximately 50 companies, weighted equally, and is reviewed annually and rebalanced quarterly.
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.
While the investment objective of the fund is to replicate the net total return index, the swaps entered into by the fund reference an enhanced Withholding Tax version of the index. As a result the performance before fees of the ETF is likely to exceed the return of the standard net return index.
This ETF is passively managed.
Security Information
| General information | |
|---|---|
| Base currency | USD |
| Dividend treatment | Continuously reinvested |
| Minimum investment | 1 share |
| Launch date | 8 Mar 2017 |
| Shares outstanding | 1,049,704 |
| Exchanges |
London Stock Exchange Deutsche Börse (Xetra) SIX Swiss Exchange Tel Aviv Stock Exchange |
| Further information | |
|---|---|
| ISA | Eligible |
| SIPP | Yes |
| UCITS | Compliant |
| UK reporting status | Yes |
| Countries of distribution | Austria, Croatia, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Israel, Italy (Institutional), Liechtenstein, Luxembourg, Netherlands, Norway, Poland, Portugal, Singapore (Institutional), Slovakia, Spain, Sweden, Switzerland, United Kingdom |
| Structure | |
|---|---|
| Legal form | UCITS Open ended fund |
| Replication method | Synthetic (Physical with swap overlay) |
| 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 | FTEK LN |
| ISIN | IE00BYMS5W68 |
| Benchmark BBG ticker | KFTXNR70 |
| Management fee | 0.49% |
| Swap fee | 0.10% |
| NAV (22 Apr 2024) | $44.16 |
| AUM | $46,354,691 |
| Base currency | USD |
| Replication method | Synthetic |
| Summary Risk Indicator (SRI) | 5 |
| Umbrella AUM (22 Apr 2024) | $45,060,102,914 |
ESG Profile
(Index 22 Apr 2024)
| ESG Rating (AAA-CCC) | BBB |
| Quality Score (0-10) | 5.38 |
| Carbon Intensity | 4.79 |
Source: MSCI ESG Research. For more information on the ESG profile, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$million sales).
Key documents
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.
Nasdaq®, NASDAQ Stock Market® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Invesco UK Services Limited. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. The Corporations make no warranties and bear no liability with respect to the product(s).
The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.
The performance information on this web page refers to past performance and simulated performance. Performance of the KBW NASDAQ Financial Technology Net TR Index prior to 18 July 2016 date has been simulated by Nasdaq. Simulated performance is calculated using the index rules.
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.
Simulated performance data: the historical performance of the KBW NASDAQ Financial Technology Net TR Index (the “Index”) is simulated and uses hypothetical circumstances to estimate how the Index might have performed prior to its actual existence. Invesco provides no assurance or guarantee that the Index will operate or would have operated in the past in a manner consistent with the simulations provided.
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.