What does Invesco S&P 500 UCITS ETF invest in?▾
The Invesco S&P 500 UCITS ETF Acc aims to provide the net total return performance of the S&P 500 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.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...