Invesco Goldman Sachs Equity Factor Index Emerging Markets UCITS ETF

Product description

The Invesco Goldman Sachs Equity Factor Index Emerging Markets UCITS ETF (the “Fund”) aims to provide the performance of the Goldman Sachs Equity Factor Index Emerging Markets Net Total Return USD (the "Reference Index").

The Fund does this through the use of unfunded swaps (“Swaps”). These Swaps are an agreement between the Fund and an approved counterparty to exchange one stream of cash flows against another stream but do not require the Fund to provide collateral, on the basis that the Fund has already invested in a basket of equities and equity related securities (namely shares). The performance of the Reference Index is swapped from the counterparty to the Fund in exchange for the performance of equities and equity related securities. The use of Swaps may multiply the gains or losses made by the Fund.

Security Information

General information
Base currency USD
Dividend treatment Continuously reinvested
Minimum investment 1 share
Launch date 10 Sep 2018
Shares outstanding 5,438,957
Exchanges London Stock Exchange
London Stock Exchange
Borsa Italiana
Deutsche Börse (Xetra)
SIX Swiss Exchange
Further information
ISA Eligible
SIPP Eligible
UCITS Compliant
UK reporting status Yes
Passported to Austria, Germany, Finland, France, Ireland, Italy, Luxembourg, Norway, Netherlands, Portugal, Spain, Sweden, Switzerland (Qualified investors only), United Kingdom
Structure
Legal form UCITS
Open ended fund
Replication method Equity with swap overlay
Domicile Ireland
Financial year end 30 November
Tax information for German investors
Equity ratio 100.0000
Key service providers
Issuer Invesco Markets plc
Manager Invesco Investment Management Ltd
Investment manager Assenagon Asset Management S.A.
Fund administrator Northern Trust International Fund Administration Services (Ireland) Limited
Depositary Northern Trust Fiduciary Services (Ireland) Limited
Auditor PricewaterhouseCoopers
Promoter Invesco Investment Management Limited

Key information

Bloomberg ticker EFIM LN
ISIN IE00BD5KGK77
Benchmark BBG ticker GSISEMFN
Management fee 0.65%
Swap fee 0.20%
NAV (19 Sep 2019) $36.58
AUM $198,942,525
Base currency USD

Key risks

Counterparty risk: 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.

Risk of using derivatives: 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.

Liquidity on secondary market risk: 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.

Emerging Markets risk: Particular risks associated with investment in or related to emerging markets include, but are not limited to, less liquidity, volatility in pricing, currency fluctuations and changes in economic, political, regulatory and governmental conditions which may affect the performance of the Fund.

 

The performance information on this web page refers to past performance and simulated performance. Performance of the Goldman Sachs Equity Factor Index Emerging Markets Net Total Return USD Index prior to 02 May 2018 has been simulated by the index provider using the index rules. Simulated performance is calculated using the index rules. Past performance (actual or simulated) is not a reliable indicator of future performance. 

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 Goldman Sachs Equity Factor Index Emerging Markets Net Total Return USD 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.

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.