Description

This Invesco US Treasury Bond UCITS ETF (Dist) strives to replicate the total return of the Bloomberg U.S. Treasury Total Return Index USD Unhedged, accounting for its operational charges. Income is disbursed to investors on a quarterly schedule. The underlying benchmark, the Bloomberg U.S. Treasury Total Return Index USD Unhedged, gauges the performance of a specific segment of the U.S. government bond market. It encompasses U.S. dollar-denominated, fixed-rate, non-inflation-indexed debt securities issued by the U.S. Treasury, with maturities ranging broadly from one to thirty years. Excluded from this index are inflation-linked bonds, floating-rate bonds, principal/interest separated STRIP bonds, and Treasury bills. The index composition is updated monthly. To meet its stated objective, the portfolio management team utilizes advanced modeling tools and techniques. They implement a 'sampling' methodology, acquiring a curated selection of index securities that collectively represent the overall characteristics of the full benchmark. This approach is designed to closely track the index's performance while significantly reducing the operational expenses that a full replication strategy would entail. This ETF follows a passive investment strategy. Investing in this fund means acquiring units in a passively managed, index-tracking product, rather than directly owning the underlying securities it comprises.