Invesco EURO STOXX 50 UCITS ETF Acc
Product description
The Invesco EURO STOXX 50 UCITS ETF Acc aims to provide the net total return performance of the EURO STOXX 50® Index (the "Reference Index"), less the impact of fees.
The Reference Index, Europe's leading blue chip index for the Eurozone, provides a blue chip representation of supersector leaders in the Eurozone. It comprises 50 stocks from Eurozone countries. Constituents are weighted by free float market capitalisation, subject to a 10% cap.
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 0.070% 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.
Security Information
General information | |
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Base currency | EUR |
Dividend treatment | Continuously reinvested |
Minimum investment | 1 share |
Launch date | 19 Mar 2009 |
Shares outstanding | 4,647,015 |
Exchanges |
Deutsche Börse (Xetra) SIX Swiss Exchange Euronext Milan London Stock Exchange |
Further information | |
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ISA | Eligible |
SIPP | Yes |
UCITS | Compliant |
UK reporting status | Yes |
Countries of distribution | Austria, Denmark, Finland, France, Germany, Ireland, Israel (Institutional), Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Portugal, Singapore (Institutional), Spain, Sweden, Switzerland, United Kingdom |
Structure | |
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Legal form | UCITS Open ended fund |
Replication method | Synthetic (Physical with swap overlay) |
Domicile | Ireland |
Financial year end | 30 November |
Key service providers | |
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Issuer | Invesco Markets plc |
Manager | Invesco Investment Management Limited |
Investment manager | Assenagon Asset Management S.A. |
Fund administrator | Northern Trust International Fund Administration Services (Ireland) Limited |
Depositary | Northern Trust Fiduciary Services (Ireland) Limited |
Trustee | Northern Trust Fiduciary Services (Ireland) Limited |
Auditor | KPMG |
Promoter | Invesco Investment Management Limited |
Key information
Bloomberg ticker | SDJE50 GY |
ISIN | IE00B60SWX25 |
Benchmark BBG ticker | SX5T |
Management fee | 0.05% |
Swap fee | 0.35% |
NAV (15 May 2024) | €125.54 |
AUM | €602,670,234 |
Base currency | EUR |
Replication method | Synthetic |
Summary Risk Indicator (SRI) | 5 |
Umbrella AUM (15 May 2024) | €44,381,964,287 |
ESG Profile
(Index 15 May 2024)
ESG Rating (AAA-CCC) | AA |
Quality Score (0-10) | 7.96 |
Carbon Intensity | 69.51 |
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).
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 “EURO STOXX® 50 Index” and its related trademarks are proprietary to STOXX Limited. The Index and the related trademarks have been licensed for certain purposes by Invesco. The ETF is not sponsored, sold, endorsed or promoted by STOXX Limited.
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 investment objective of the fund is to replicate the net total return index; in order to reduce tracking error against this index following the deduction of fees and withholding tax, the Investment Manager has entered into a swap agreement against the gross index performance. For this additional performance against the net total return index, the swap counterparties may charge a fee of up to 0.35%. This fee deduction is not expected to be larger than the difference between the net and gross performance of the index. The fee applied to the swap will thus still result in an equivalent fee of 0% on the net total return index performance.
To assist with meeting some of the Fund's costs the Manager has requested a fees contribution of up to 0.07% of the swap notional amount from the swap counterparties active on this fund. Note that this fee contribution has no impact on the net asset value of the fund and is not charged to investors in addition to the management fee and to any swap fee as set out on this fund’s webpage.
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.