Invesco US Treasury Bond 3-7 Year UCITS ETF (T7EU.DE) XETRA
33.04
+0.04(+0.12%)
Currency In EUR
- General
- Statistics
- Historical Data
- Profile
- Financials
33.04
+0.04(+0.12%)
Currency In EUR
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
February 01, 2022
The Invesco US Treasury Bond 3-7 Year UCITS ETF EUR Hdg Dist aims to provide the total return performance of the Bloomberg U.S. Treasury 3-7 Year Index (the "Reference Index"), less the impact of fees. The fund distributes income on a quarterly basis.To minimise exposure to fluctuations in the exchange rate between USD and EUR, the EUR Hedged share class enters into foreign exchange transactions.The Reference Index measures the performance of US dollar-denominated, fixed-rate, nominal debt issued by the US Treasury with maturities of between three and seven years. Inflation-linked bonds, floating-rate bonds, STRIP bonds (where the principal and regular coupon payments have been removed are sold separately to investors as new securities) and Treasury bills are excluded. The Reference Index rebalances monthly.The portfolio managers aim to achieve the fund’s objective by using portfolio modelling tools and techniques to buy and hold a proportion of the index securities that represents the characteristics of the entire index. The objective of this sampling method is to replicate the index performance as closely as possible while reducing the costs that would normally be incurred with full 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.