Invesco MSCI Europe ESG Universal Screened UCITS ETF Acc
Product description
The Invesco MSCI Europe ESG Universal Screened UCITS ETF Acc aims to provide the net total return performance of the MSCI Europe ESG Universal Select Business Screens Index (the “Reference Index”), less the impact of fees.
The Reference Index tracks the performance of large and mid-capitalisation companies in Europe and aims to represent the performance of an investment strategy that, by adjusting the constituents’ free-float market capitalisation weights based upon certain environmental, social and governance (“ESG”) metrics, seeks to increase overall exposure to those companies demonstrating both a robust ESG profile as well as a positive trend in improving that profile.
The Reference Index is constructed from the MSCI Europe Index by excluding securities that: 1) have not been assessed or rated by MSCI on the basis of their ESG credentials; 2) have faced very severe controversies pertaining to ESG issues over the last three years; or 3) have a MSCI ESG Rating of CCC; or 4) are involved in controversial weapons, conventional weapons, nuclear weapons, civilian firearms, oil sands, thermal coal, tobacco or recreational cannabis. Each of the eligible component securities is then assigned a combined ESG score, which reflects MSCI’s assessment of both the security’s current ESG rating, as well as the trend in that rating, defined as the change in the security’s ESG rating over time. This combined ESG score is then applied to re-weight the eligible securities in the Reference Index.
The fund aims to achieve its objective by buying and holding, as far as possible and practical, all the securities in the Reference Index in their respective weightings. The fund is rebalanced in line with changes to the Reference Index, which is reviewed and rebalanced on a semi-annual basis. For more details on MSCI ESG Ratings, please refer to: https://www.msci.com/esg-ratings
This ETF is passively managed.
Security Information
| General information | |
|---|---|
| Base currency | EUR |
| Dividend treatment | Continuously reinvested |
| Minimum investment | 1 share |
| Launch date | 13 Jun 2019 |
| Shares outstanding | 2,625,000 |
| Exchanges |
Deutsche Börse (Xetra) London Stock Exchange Euronext Milan SIX Swiss Exchange |
| Further information | |
|---|---|
| ISA | Eligible |
| SIPP | Yes |
| UCITS | Compliant |
| UK reporting status | Yes |
| Countries of distribution | Austria, Denmark, Finland, France, Germany, Hong Kong S.A.R. (Institutional), Ireland, Israel (Institutional), Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, United Kingdom |
| Structure | |
|---|---|
| Legal form | UCITS Open ended fund |
| Replication method | Physical |
| Domicile | Ireland |
| Financial year end | 31 December |
| Key service providers | |
|---|---|
| Issuer | Invesco Markets II plc |
| Manager | Invesco Investment Management Limited |
| Investment manager | Invesco Capital Management LLC |
| Fund administrator | BNY Mellon Fund Services (Ireland) DAC |
| Depositary | The Bank of New York Mellon SA/NV |
| Auditor | PricewaterhouseCoopers |
| Promoter | Invesco Investment Management Limited |
Key information
| Bloomberg ticker | ESGE GY |
| ISIN | IE00BJQRDL90 |
| Benchmark BBG ticker | NE724660 |
| Management fee | 0.16% |
| NAV (19 Apr 2024) | €59.76 |
| AUM | €156,867,486 |
| Base currency | EUR |
| Replication method | Physical |
| Securities lending | Yes |
| Summary Risk Indicator (SRI) | 4 |
| Umbrella AUM (19 Apr 2024) | €13,273,096,159 |
| SFDR Classification | Article 8 |
ESG Profile
(Fund 18 Apr 2024)
| ESG Rating (AAA-CCC) | AA |
| Quality Score (0-10) | 8.25 |
| Carbon Intensity | 74.84 |
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.
The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with Invesco and any related funds.
The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.
Source: MSCI. The MSCI data is comprised of a custom index calculated by MSCI for, and as requested by Invesco. The MSCI data is for internal use only and may not be redistributed or used in connection with creating or offering any securities, financial products or indices. Neither MSCI nor any other third party involved in or related to compiling, computing or creating the MSCI data (the “MSCI Parties’) makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and the MSCI Parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to such data. Without limiting any of the foregoing, in no event shall any of the MSCI Parties have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
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.