What does Invesco S&P 500 UCITS ETF invest in?▾
The Invesco S&P 500 UCITS ETF GBP Hdg Acc aims to provide the net total return performance of the S&P 500 GBP Daily Hedged 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. To minimise exposure to fluctuations in the exchange rate between USD and GBP, the GBP Hedged index includes a daily currency hedge in the index calculation.The fund aims to achieve its objective by holding a basket of equities, which typically...
