Invesco S&P 500 Equal Weight UCITS ETF (SPEQ.L) LSE
65.81
-0.38(-0.57%)
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
65.81
-0.38(-0.57%)
Currency In USD
Address
Ireland
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
April 06, 2021
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, as far as possible and practical, all the securities in the Reference Index in their respective weightings. The fund will aim to rebalance its holdings whenever the Reference Index is rebalanced. 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.