Description

This Invesco MSCI Emerging Markets UCITS ETF Acc endeavors to replicate the net total return performance of the MSCI Emerging Markets Index, its benchmark, after accounting for management fees. The Reference Index is crafted to gauge the equity market's performance across global emerging economies. It incorporates a broad spectrum of large and mid-capitalization companies within these nations, typically encompassing about 85% of their publicly traded market value. To fulfill its goal, the fund primarily invests in a portfolio of equities. While these holdings are the main drivers of its performance, they generally do not exactly mirror the constituents of the benchmark index. Additionally, the fund utilizes unfunded swap agreements with authorized financial institutions. These contracts facilitate the exchange of any performance discrepancies between the fund's equity basket and the index, aiming to deliver a more precise and consistent alignment with the index's returns than could be achieved through physical stock replication alone. As a passively managed, index-tracking fund, investing in this ETF means acquiring units in the fund itself, rather than gaining direct ownership of its underlying assets.