Invesco Euro Corporate Hybrid Bond UCITS ETF (EHYB.L) LSE
3,424.00
+1.5(+0.04%)
Currency In GBp
- General
- Statistics
- Historical Data
- Profile
- Financials
3,424.00
+1.5(+0.04%)
Currency In GBp
Address
Ground Floor, 2 Cumberland Place, Fenian Street
Dublin, D02 H0V5
Ireland
Phone
353-1-439-8000
Sector
Financial Services
Industry
Asset Management - Bonds
Employees
N/A
First IPO Date
September 17, 2020
The Invesco Euro Corporate Hybrid Bond UCITS ETF Dist aims to provide the performance of the Bloomberg Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index, (the "Reference Index"), less the impact of fees. The fund distributes income on a quarterly basis.The Reference Index measures the performance of EUR-denominated, fixed rate hybrid securities issued by non-financial corporates or government-related agencies. Constraints are in place to improve tradability and credit quality of the index, with constituents required to have a minimum €500 million outstanding, maturities of at least 1.5 years from issue and a minimum credit rating of Ba2/BB/BB. In addition, individual securities will be capped at 8% of the overall index value. The Reference Index rebalances monthly.The fund aims to achieve its objective by buying and holding, as far as possible and practical, all the securities in the index in their respective weightings. The fund will aim to rebalance its holdings whenever the index is rebalanced. This method is referred to as full physical replication. This ETF is passively managed. An investment in this fund is an acquisition of units in a passively managed, index tracking fund rather than in the underlying assets owned by the fund.