Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF EUR PfHdg Acc

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 Fund intends to invest in securities of issuers that manage their ESG exposures better relative to their peers. This may affect the Fund’s exposure to certain issuers and cause the Fund to forego certain investment opportunities. The Fund may perform differently to other funds, including underperforming other funds that do not seek to invest in securities of issuers based on their ESG ratings. The Fund might be concentrated in a specific region or sector or be exposed to a limited number of positions, which might result in greater fluctuations in the value of the Fund than for a fund that is more diversified. 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. Currency hedging between the base currency of the Fund and the currency of the share class may not completely eliminate the currency risk between those two currencies and may affect the performance of the share class. The Fund’s performance may be adversely affected by variations in the exchange rates between the base currency of the Fund and the currencies to which the Fund is exposed.

Product description

The Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF EUR PfHdg Acc aims to deliver superior risk-adjusted returns over the long term when compared with the performance of global equity markets by investing in an actively managed portfolio of global equities that meet a defined set of environmental, social, and corporate governance (“ESG”) criteria. To minimise exposure to fluctuations in the exchange rate between the USD and the EUR, the EUR portfolio-hedged share class enters into foreign exchange transactions.

Eligible stocks are screened for compliance with the fund’s ESG Criteria, and then scored based on their attractiveness with respect to three investment factors: Value (i.e. companies perceived to be inexpensive relative to market averages), Quality (i.e. companies that demonstrate stronger balance sheets relative to market averages) and Momentum (i.e. companies whose historical share price performance or earnings growth have exceeded market averages).

The fund will hold a sub-set of these stocks, using an optimisation process that seeks to maximise exposure to those investment factors whilst targeting a risk profile that is consistent with the fund’s investment objective. The “quantitative investment model” uses mathematical, logical and statistical techniques for stock selection purposes. Fund holdings are rebalanced monthly.

The benchmark index is the MSCI World Index, and is shown for performance comparisons purposes only. The fund does not track the index.

Security Information

General information
Base currency EUR
Dividend treatment Continuously reinvested
Minimum investment 1 share
Launch date 30 Jul 2019
Shares outstanding 1,994,361
Exchanges Deutsche Börse (Xetra)
Euronext Milan
Actively managed Yes
Further information
ISA Eligible
SIPP Yes
UCITS Compliant
UK reporting status Yes
Countries of distribution Austria, Denmark, Finland, France, Germany, Ireland, Israel (Institutional), Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore (Institutional), Spain, Sweden, Switzerland (Institutional), United Kingdom
Structure
Legal form UCITS
Open ended fund
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 IQSE GY
ISIN IE00BJQRDP39
Actively managed Yes
Management fee 0.30%
NAV (27 Mar 2024) €69.63
AUM €388,806,998
Base currency EUR
Securities lending Yes
Summary Risk Indicator (SRI) 4
Umbrella AUM (27 Mar 2024) €13,438,183,458
SFDR Classification Article 8

ESG Profile

(Index 27 Mar 2024)

ESG Rating (AAA-CCC) AA
Quality Score (0-10) 7.28
Carbon Intensity 49.14

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. 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.

The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI Inc (“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 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, 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.