Invesco STOXX Europe 600 Optimised Banks UCITS ETF
ETF
ISIN IE00B5MTWD60 / Valor 10407755
NAV (2024-12-31)
EUR 114.72+0.57%
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 tracking the performance of the index rather than actively selecting individual assets.
Fund Exposure
This fund is exposed to the financial sector through the STOXX Europe 600 Optimised Banks Index. It focuses on banks selected from the STOXX Europe 600 index, with certain filters applied including a liquidity filter. 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, and any income from them, may fluctuate. 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.