What does Invesco S&P 500 Equal Weight UCITS ETF invest in?▾
The Invesco S&P 500 Equal Weight UCITS ETF Acc aims to provide the net total return performance of the S&P 500 Equal Weight Index (the “Reference Index”), less the impact of fees. The Reference Index measures the performance of all companies in the S&P 500 index, weighting each security equally rather than by float-adjusted market capitalisation. It is designed to reflect the US large-cap equity market whilst taking a size neutral approach. It covers approximately 80% of the available market capitalisation and rebalances quarterly. The fund aims to achieve its objective by buying and holding,...