Invesco Euro Corporate Hybrid Bond UCITS ETF Acc
Product description
The Invesco Euro Corporate Hybrid Bond UCITS ETF Acc aims to provide the performance of the Bloomberg Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index (the "Reference Index"), less the impact of fees.
The Reference Index measures 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 Reference Index rebalances monthly.
The fund aims to achieve its objective by buying and holding, as far as possible and practical, all the securities in the index in their respective weightings. The fund will aim to rebalance its holdings whenever the index is rebalanced. This method is referred to as full physical replication.
This ETF is passively managed.
Security Information
| General information | |
|---|---|
| Base currency | EUR |
| Dividend treatment | Continuously reinvested |
| Minimum investment | 1 share |
| Launch date | 17 Sep 2020 |
| Shares outstanding | 1,783,283 |
| Exchanges |
Deutsche Börse (Xetra) Euronext Milan |
| Further information | |
|---|---|
| ISA | Eligible |
| SIPP | Yes |
| UCITS | Compliant |
| UK reporting status | Yes |
| Countries of distribution | Austria, Denmark, Finland, France, Germany, Ireland, Israel (Institutional), Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland (Institutional), United Kingdom |
| Structure | |
|---|---|
| Legal form | UCITS Open ended fund |
| Replication method | Physical |
| Domicile | Ireland |
| Financial year end | 31 December |
| 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 |
| Yield information | |
|---|---|
| Dividend frequency | Continuously reinvested |
| Use of income | Accumulating |
| Fiscal year end | 31 December |
| Currency | EUR |
| Fund statistics NAV ( 25 Apr 2024 ) | |
|---|---|
| Number of holdings | 145 |
Key information
| Bloomberg ticker | EHBA GY |
| ISIN | IE00BKWD3B81 |
| Benchmark BBG ticker | I35142EU |
| Management fee | 0.39% |
| NAV (26 Apr 2024) | €39.93 |
| AUM | €178,156,977 |
| Base currency | EUR |
| Replication method | Physical |
| Securities lending | Yes |
| Summary Risk Indicator (SRI) | 2 |
| Umbrella AUM (26 Apr 2024) | €13,491,004,074 |
ESG Profile
(Fund 25 Apr 2024)
| ESG Rating (AAA-CCC) | A |
| Quality Score (0-10) | 7.13 |
| Carbon Intensity | 220.05 |
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.
““Bloomberg®” and the Bloomberg Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Invesco. Bloomberg is not affiliated with Invesco, and Bloomberg does not approve, endorse, review, or recommend the Invesco Euro Corporate Hybrid Bond UCITS ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Invesco Euro Corporate Hybrid Bond UCITS ETF.
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 KID/KIID.