Invesco S&P 500 ESG UCITS ETF 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’s ability to track the benchmark’s performance is reliant on the counterparties to continuously deliver the performance of the benchmark in line with the swap agreements and would also be affected by any spread between the pricing of the swaps and the pricing of the benchmark. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss. 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. The fund might purchase securities that are not contained in the reference index and will enter into swap agreements to exchange the performance of those securities for the performance of the reference index.

Product description

The Invesco S&P 500 ESG UCITS ETF Acc aims to provide the net total return performance of the S&P 500 ESG Index (the “Reference Index”), less the impact of fees. The Reference Index is market-cap-weighted and designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P 500 Index (the “parent index”). The index has been constructed to provide a risk and return profile similar to that of the parent index, while improving ESG characteristics, it does this by excluding securities that: 1) are involved in business activities in tobacco, thermal coal, oil sands, small arms, military contracting and controversial weapons; 2) are classified as Non-Compliant according to the United Nations Global Compact (UNGC) principles; or 3) have an S&P Dow Jones Index ESG Score that falls within the worst 25% of ESG scores from each GICS industry group. The Reference Index is rebalanced annually.

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

While the investment objective of the fund is to replicate the net total return index, the swaps entered into by the fund reference the gross total return index. The swap fee paid by the fund is relative to this gross total return index and as a result the performance of the ETF is likely to exceed the return of the net return index.

To assist with meeting some of the Fund's costs, the Manager may receive an annual fees contribution of up to 0.045% of the swap notional amount from the swap counterparties active on this fund. This fee contribution has no impact on the Fund’s net asset value and does not represent an incremental cost borne by investors.

This ETF is passively managed.

Trading information

London Stock Exchange
Trading currency USD
Settlement period T+2
Exchange ticker SPXE
Bloomberg ticker SPXE LN
Bloomberg iNAV SPXEIN
Reuters ticker INSPXE.L
Reuters iNAV 3Q1JINAV.DE
WKN A2PX8A
Valor 51992937
Sedol BKDX6J6
Tel Aviv Exchange
Trading currency ILS
Settlement period T+2
Exchange ticker INFF2
Bloomberg ticker INFF2 IT
Reuters ticker INFF2.TA
WKN A2PX8A
Valor 51992937
London Stock Exchange
Trading currency GBX
Settlement period T+2
Exchange ticker SPEP
Bloomberg ticker SPEP LN
Bloomberg iNAV NISPEP
Reuters ticker SPEP.L
Reuters iNAV 3Q1HINAV.DE
WKN A2PX8A
Valor 51992937
Sedol BKDX6K7
Deutsche Börse (Xetra)
Trading currency EUR
Settlement period T+2
Exchange ticker 5ESG
Bloomberg ticker 5ESG GY
Bloomberg iNAV 5ESGIN
Reuters ticker 5ES1.DE
Reuters iNAV 3Q1GINAV.DE
WKN A2PX8A
Valor 51992937
Euronext Milan
Trading currency EUR
Settlement period T+2
Exchange ticker 5ESG
Bloomberg ticker 5ESG IM
Bloomberg iNAV 5ESGIN
Reuters ticker 5ESGU.MI
Reuters iNAV 3Q1GINAV.DE
WKN A2PX8A
Valor 51992937
SIX Swiss Exchange
Trading currency USD
Settlement period T+2
Exchange ticker 5PXE
Bloomberg ticker 5PXE SW
Bloomberg iNAV SPXEIN
Reuters ticker 5PXE.S
Reuters iNAV 3Q1JINAV.DE
WKN A2PX8A
Valor 51992937

Key information

Bloomberg ticker SPXE LN
ISIN IE00BKS7L097
Benchmark BBG ticker SPXESUN
Management fee 0.09%
Swap fee 0.11%
NAV (23 Nov 2022) $53.43
AUM $2,303,835,593
Base currency USD
Replication method Synthetic
Risk & Reward Indicator (SRRI) 6
Umbrella AUM (24 Nov 2022) $30,982,824,262
SFDR Classification Article 8

ESG Profile

(Index 24 Nov 2022)

ESG Rating (AAA-CCC) AA
Quality Score (0-10) 7.95
Carbon Intensity 108.09

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 performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.

The S&P 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. 

The "S&P 500 ESG 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. The Invesco S&P 500 ESG UCITS ETF Acc is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or 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 ESG Index.

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. Source UK Services Limited 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 KIID.