Invesco EURO STOXX High Dividend Low Volatility UCITS ETF Dist

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 may be exposed to the risk of the borrower defaulting on its obligation to return the securities at the end of the loan period and of being unable to sell the collateral provided to it if the borrower defaults. 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.

Fund components

Sector exposure

as of 22 Sep 2022 (%)

Country exposure

as of 22 Sep 2022 (%)

Top 10 Exposures as of 22 Sep 2022 (%)

Name ISIN Weight
MEDIOBANCA SPA EUR0.5 IT0000062957 3.11%
BAWAG GROUP AG NPV AT0000BAWAG2 3.07%
CREDIT AGRICOLE SA EUR3 FR0000045072 3.06%
ENAGAS SA EUR1.5 ES0130960018 2.92%
PROXIMUS NPV BE0003810273 2.85%
ENDESA SA EUR1.2 ES0130670112 2.66%
ENEL SPA EUR1 IT0003128367 2.61%
BAYERISCHE MOTOREN WERKE AG EUR1 DE0005190003 2.57%
A2A SPA EUR0.52 IT0001233417 2.56%
COFINIMMO NPV BE0003593044 2.50%

Securities lending

 

What is Securities Lending?

Securities Lending is a well-established and tightly regulated practice involving the short-term transfer (loan) of securities. The objective is to enhance the ETF’s overall performance.

When a security is loaned, the borrower (who has been approved by Invesco and the Lending Agent) provides collateral and pays an agreed fee for the duration of the loan. Collateral is an asset that a lender accepts as security for a loan. If the borrower defaults on the loan payments, the lender can seize the collateral and resell it to recoup its losses.

 

How much revenue goes to the ETF?

The ETF will receive 90% of the revenue arising from securities lending, with the remaining 10% deducted by the Lending Agent, Bank of New York Mellon (BNY Mellon), for its fees and to cover direct and indirect operational costs. Invesco will not receive any revenue from the programme.

Risks to consider
Securities lending involves certain risks that an investor should consider, including:

  • The risk of the borrower defaulting on its obligation to return the securities at the end of the loan period, and
  • The risk of the ETF being unable to sell the collateral provided to it if the borrower defaults.

To mitigate these risks, the ETF benefits from a “borrower default indemnity” provided by the Lending Agent, BNY Mellon. The indemnity allows for full replacement of the securities loaned if the collateral does not cover the value of the securities in the event of a borrower default.

To find out more view the Invesco ETFs Securities Lending document in our Documents section.

Securities lending information

Percentage revenue retained by the fund 90%
Maximum amount of fund assets that can be loaned 15%
Maximum amount of any single security that can be loaned 90%

Assets on Loan

as of 29 Sep 2022 (%)

Collateral Held by Asset Type

as of 29 Sep 2022 (%)

Collateral Held by Country

as of 29 Sep 2022 (%)

Collateral Held by Currency

as of 29 Sep 2022 (%)

Value of Collateral Held

as of 29 Sep 2022 (%)

Top 10 Collateral Exposures as of 29 Sep 2022

Name Cusip ISIN Weight
UNITED KINGDOM INF 1.875 22NOV22 IL EG6155006 GB00B1Z5HQ14 17.00%
TOKYO ELECTRON LTD NPV N/A JP3571400005 5.70%
FAST RETAILING CO LTD NPV N/A JP3802300008 4.60%
CHUGAI PHARMACEUTICAL CO LTD NPV N/A JP3519400000 4.00%
BRIDGESTONE CORP NPV N/A JP3830800003 3.40%
JAPAN TOBACCO INC NPV N/A JP3726800000 3.00%
TOYOTA MOTOR CORPORATION/TOKYO NPV N/A JP3633400001 3.00%
KEYENCE CO NPV N/A JP3236200006 2.80%
KAO CORP NPV N/A JP3205800000 2.70%
Other N/A N/A 54.00%

Key information

Bloomberg ticker HDEU LN
ISIN IE00BZ4BMM98
Benchmark BBG ticker SXEDV5R
Management fee 0.30%
NAV (30 Sep 2022) €19.77
AUM €15,815,189
Base currency EUR
Replication method Physical
Securities lending Yes
Risk & Reward Indicator (SRRI) 5
Umbrella AUM (30 Sep 2022) €6,273,492,311

ESG Profile

(Fund 29 Sep 2022)

ESG Rating (AAA-CCC) AAA
Quality Score (0-10) 10.00
Carbon Intensity 162.38

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.

The investment concerns the acquisition of units in a fund and not in a given underlying asset.

The EURO iSTOXX® High Dividend Low Volatility 50 Index is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland (“STOXX”) and/or its licensors (“Licensors”), which is used under license. The Invesco EURO STOXX High Dividend Low Volatility UCITS ETF is neither sponsored nor promoted, distributed or in any other manner supported by STOXX and/or its Licensors and STOXX and its Licensors do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the EURO iSTOXX® High Dividend Low Volatility 50 Index or its data.

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.

The risk / reward profile classifies the fund by a indicator representing the levels from the lowest (1) to the highest (7). For more information see the KIID.