Invesco RDX UCITS ETF Dist

Investment Risks

For complete information on risks, refer to the legal documents. The value of investments, and income from them, can go down as well as up and you may not get back the full amount you invested. Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. The Fund is exposed to the risk of bankruptcy, or any other type of default of the counterparty related to any trading transaction entered into by the Fund. In order to reach its investment objective, the Fund enters into swap agreements which provide the performance of the Reference Index, and may imply a range of risks which could lead to an adjustment or even the early termination of the swap agreement. Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. On-exchange liquidity may be limited due to Reference Index suspension, a decision by one of the relevant stock exchanges, or a breach by the market maker of respective stock exchange requirements and guidelines.

Product description

Important notice: As a result of the market conditions created by Russia’s invasion of Ukraine and the announcement by the Fund’s Index Provider Wiener Börse on 12 May 2022 that the RDX USD Index, the Fund’s reference index, would be discontinued effective 17 May 2022, the Fund Board, in consultation with the investment manager of the Fund, Assenagon Asset Management S.A., has determined that it is impracticable for the Fund to continue to operate and that it is in the best interests of the shareholders that the Fund be terminated. As a result, the shareholders will have their shares redeemed accordingly. Please refer to the Shareholder Notice linked below for details on the termination process and timing.

Invesco RDX UCIT ETF - Shareholder Notice - Fund closure executed - 7 June 2022

 

The Invesco RDX UCITS ETF Dist aims to provide the price return performance of the Russian Depository Index (RDX) (the "Reference Index"), less the impact of fees. The fund distributes dividends on a quarterly basis.

The Reference Index reflects the movement of the most actively traded shares and depositary receipts of Russian companies, which are traded on the London Stock Exchange. The purpose of the RDX is to mirror the development of prices of the most liquid blue chip stocks.

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 index and the basket of equities held. The aim is to achieve a closer and more consistent performance relative to the index than would generally be possible through physical replication alone.

This ETF is passively managed.

 

Key information

Bloomberg ticker RDXS LN
ISIN IE00B5NDLN01
Benchmark BBG ticker RDXUSD
Management fee 0.65%
Swap fee 0.55%
NAV (21 Mar 2022) $0.00
AUM $0
Base currency USD
Umbrella AUM (5 Jul 2022) $31,429,436,609

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 Russian Depositary Index is a securities index calculated and published by Wiener Börse AG (“WBAG”). Russian Depositary Index® and RDX® are registered trademarks of WBAG and have been licensed for use by Invesco. The mentioned ETF is not sponsored, endorsed, sold or promoted by WBAG or its affiliates, and WBAG and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in such 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.