What does Invesco Utilities S&P US Select Sector UCITS ETF invest in?▾
The Invesco Utilities S&P US Select Sector UCITS ETF Acc aims to provide the net total return performance of the S&P Select Sector Capped 20% Utilities Index (the “Reference Index”), less the impact of fees.The Reference Index represents the utilities sector of the S&P 500 Index. Each constituent is weighted by its float-adjusted market capitalisation and is capped at 19%, with any excess weight distributed amongst all the other uncapped constituents.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...
