Invesco S&P 500 QVM UCITS ETF Dist
Product description
The Invesco S&P 500 QVM UCITS ETF Dist aims to provide the net total return performance of the S&P 500 Quality, Value & Momentum Multi-factor Index (the "Reference Index"), less the impact of fees. The fund distributes dividends on a quarterly basis.
The Reference Index aims to represent the performance of those companies within the S&P 500 Index which have the highest aggregate exposure to three investment factors: quality, value and momentum. To determine the components of the Reference Index, all companies included in the S&P 500 Index are assigned scores based on their performance against these three factors. These scores are then combined on an equal-weighted basis into a final factor composite. All companies are then ranked by their final factor composite with the top 100 companies being selected for inclusion in the Index, subject to a buffer rule which aims to reduce turnover. The weight for each component in the Benchmark will range between 0.05% and the lessor of 5% or 20 times its market capitalisation weight. The weight of each sector is capped at 40% for the purposes of seeking to avoid sector concentration.
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 quarterly basis.
This ETF is passively managed.
Security Information
| General information | |
|---|---|
| Base currency | USD |
| Dividend treatment | Quarterly |
| Minimum investment | 1 share |
| Launch date | 18 May 2017 |
| Shares outstanding | 452,688 |
| Exchanges |
London Stock Exchange Euronext Paris Euronext Milan SIX Swiss Exchange Deutsche Börse (Xetra) |
| 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, United Kingdom |
| Structure | |
|---|---|
| Legal form | UCITS Open ended fund |
| Replication method | Physical |
| Domicile | Ireland |
| Financial year end | 30 September |
| Key service providers | |
|---|---|
| Issuer | Invesco Markets III 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 |
| Yield information | |
|---|---|
| Dividend frequency | Quarterly |
| Use of income | Distributed |
| Fiscal year end | 30 September |
| Currency | USD |
| Recent distributions | |
|---|---|
| Announcement date | 7 Mar 2024 |
| Ex-date | 14 Mar 2024 |
| Record date | 15 Mar 2024 |
| Payment date | 21 Mar 2024 |
| Distribution per shares | 0.1603 |
| Currency | USD |
| Download all distributions | |
Key information
| Bloomberg ticker | PQVM LN |
| ISIN | IE00BDZCKK11 |
| Benchmark BBG ticker | SPXQVMUN |
| Management fee | 0.35% |
| NAV (19 Apr 2024) | $51.18 |
| AUM | $23,167,538 |
| Base currency | USD |
| Replication method | Physical |
| Securities lending | Yes |
| Summary Risk Indicator (SRI) | 5 |
| Umbrella AUM (19 Apr 2024) | $10,427,235,338 |
ESG Profile
(Fund 18 Apr 2024)
| ESG Rating (AAA-CCC) | A |
| Quality Score (0-10) | 6.30 |
| Carbon Intensity | 81.82 |
Source: MSCI ESG Research. For more information on the ESG profile, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$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 “S&P 500 Quality, Value & Momentum Multi-factor Net Total Return Index" is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Invesco. Standard & Poor’s® and S&P ® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones ® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Invesco. Invesco S&P 500 QVM UCITS ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Quality, Value & Momentum Multi-factor Net Total Return Index.
The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.
Performance of the S&P 500 Quality, Value & Momentum Multi-factor Net Total Return Index prior to 30 January 2017 has been simulated by S&P 500. 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 S&P 500 Quality, Value & Momentum Multi-factor Net Total Return 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.
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.