Invesco STOXX Europe 600 Optimised Banks UCITS ETF
ETF
ISIN IE00B5MTWD60 / Valor 10407755
NAV (2024-11-07)
EUR 112.05-0.01%
Invesco STOXX Europe 600 Optimised Banks UCITS ETF
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General Objective
The fund Acc aims to track the net total return performance of the STOXX Europe 600 Optimised Banks Index, less fees. This fund is passively managed and focuses on index tracking rather than individual asset selection.
Fund Exposure
This fund is exposed to the STOXX Europe 600 Optimised Banks Index, which comprises banks selected from the STOXX® Europe 600 index. The index includes certain filters such as a liquidity filter, and constituent weightings are capped at 20, 15, or 10% depending on the number of constituents.
Risks
Investors should be aware that the value of investments in this fund may fluctuate, partly due to changes in exchange rates. The fund's ability to track the benchmark's performance relies on counterparties delivering the performance of the benchmark in line with swap agreements. Additionally, the fund may be concentrated in a specific region or sector, leading to greater fluctuations in value compared to more diversified funds.