Description

The Invesco US Treasury Bond UCITS ETF Dist aims to provide the total return performance of the Bloomberg U.S. Treasury Total Return Index USD Unhedged (the "Reference Index"), less the impact of fees. The fund distributes income on a quarterly basis.The Reference Index measures the performance of US dollar-denominated, fixed-rate, nominal debt issued by the US Treasury with a broad spread of maturities from one to 30 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.