Invesco Euro Corporate Hybrid Bond UCITS ETF Acc

Product description

The Invesco Euro Corporate Hybrid Bond UCITS ETF Acc aims to track the total return performance of the Bloomberg Barclays Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index (the “Index”), less fees, expenses and transaction costs. To achieve the investment objective the Fund will, as far as possible and practicable, hold all the securities in the Index in their respective weightings.

The index is designed to measure the performance of EUR-denominated, fixed rate hybrid securities issued by non-financial corporates or government-related agencies. Constraints are in place to improve tradability and credit quality of the index, with constituents required to have a minimum €500 million outstanding, maturities of at least 1.5 years from issue and a minimum credit rating of Ba1/BB+. In addition, individual securities will be capped at 8% of the overall index value. The Index rebalances monthly.

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Security Information

General information
Base currency EUR
Dividend treatment Continuously reinvested
Minimum investment 1 share
Shares outstanding 169,400
Exchanges Deutsche Börse (Xetra)
Borsa Italiana
Further information
ISA Eligible
SIPP Eligible
UCITS Compliant
UK reporting status Yes
Passported to Austria, Denmark (Institutional), Finland, France, Germany, Ireland, Israel, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, United Kingdom
Legal form UCITS
Open ended fund
Replication method Physical
Domicile Ireland
Financial year end 31 December
Tax information for German investors
Equity ratio 0.0000
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
Fund statistics NAV ( 22 Jan 2021 )
Number of holdings 140

Key information

Bloomberg ticker EHBA GR
Benchmark BBG ticker I35142EU
Management fee 0.39%
NAV (22 Jan 2021) €41.38
AUM €55,741,836
Base currency EUR
Securities lending Yes
Umbrella AUM (22 Jan 2021) €3,621,140,652

ESG Characteristics

(Index 22 Jan 2021)

Quality Score (0-10) 5.65
Carbon Intensity 326.33

Source: MSCI ESG Research. For more information on ESG characteristics, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$million sales).

Key risks

General Investment Risk:  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.

Credit risk: The creditworthiness of the debt the Fund is exposed to may weaken and result in fluctuations in the value of the Fund. There is no guarantee the issuers of debt will repay the interest and capital on the redemption date. The risk is higher when the Fund is exposed to high yield debt securities.

Equity Risk: 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.

Interest Rate Risk: Changes in interest rates will result in fluctuations in the value of the Fund.

Securities lending: 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 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.