Invesco S&P 500 UCITS ETF Acc

Investment Risks

For complete information on risks, refer to the legal documents. 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. 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. 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. 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.

Product description

The Invesco S&P 500 UCITS ETF Acc aims to provide the net total return performance of the S&P 500 Index (the "Reference Index"), less the impact of fees.

The Reference Index provides exposure to large capitalisation US equities, comprises of around 500 companies and covers around 80% of available US equity market capitalisation.

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 index and the basket of equities held. The aim is to achieve a closer and more consistent performance relative to the 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 0.035% 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 SPXS
Bloomberg ticker SPXS LN
Bloomberg iNAV SPXSIN
Reuters ticker SPXS.L
Reuters iNAV SPXSINAV.DE
WKN A1CYW7
Valor 11358996
Sedol B540668
Euronext Milan
Trading currency EUR
Settlement period T+2
Exchange ticker SPXS
Bloomberg ticker SPXS IM
Bloomberg iNAV P500IN
Reuters ticker SPXS.MI
Reuters iNAV P500IN.DE
WKN A1CYW7
Valor 11358996
Deutsche Börse (Xetra)
Trading currency EUR
Settlement period T+2
Exchange ticker P500
Bloomberg ticker P500 GY
Bloomberg iNAV P500IN
Reuters ticker P500.DE
Reuters iNAV P500IN.DE
WKN A1CYW7
Valor 11358996
London Stock Exchange
Trading currency GBX
Settlement period T+2
Exchange ticker SPXP
Bloomberg ticker SPXP LN
Bloomberg iNAV SPXPIN
Reuters ticker SPXP.L
Reuters iNAV X2H6INAV.DE
WKN A1CYW7
Valor 11358996
Sedol BNLPV90
SIX Swiss Exchange
Trading currency USD
Settlement period T+2
Exchange ticker SPXS
Bloomberg ticker SPXS SW
Bloomberg iNAV SPXSIN
Reuters ticker SPXS.S
Reuters iNAV SPXSINAV.DE
WKN A1CYW7
Valor 11358996
Tel Aviv Exchange
Trading currency ILS
Settlement period T+2
Exchange ticker INFF1
Bloomberg ticker INFF1 IT
Reuters ticker INFF1.TA
WKN A1CYW7
Valor 11358996
Euronext Amsterdam
Trading currency EUR
Settlement period T+2
Exchange ticker SPXS
Bloomberg ticker SPXS NA
Bloomberg iNAV P500IN
Reuters ticker SPXS.AS
Reuters iNAV P500IN.DE
WKN A1CYW7
Valor 11358996

Key information

Bloomberg ticker SPXS LN
ISIN IE00B3YCGJ38
Benchmark BBG ticker SPTR500N
Management fee 0.05%
Swap fee 0.04%
NAV (1 Dec 2022) $779.95
AUM $14,493,155,787
Base currency USD
Replication method Synthetic
Risk & Reward Indicator (SRRI) 6
Umbrella AUM (1 Dec 2022) $31,313,653,610

ESG Profile

(Index 1 Dec 2022)

ESG Rating (AAA-CCC) AA
Quality Score (0-10) 8.19
Carbon Intensity 145.12

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 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 an indicator representing the levels from the lowest (1) to the highest (7). For more information see the KIID.