PQVM.L

Price Chart

Key Statistics

Sector Breakdown

Country Allocation

Fund Information

Issuer

Invesco

Category

Financial Services

Inception Date

May 18, 2017

Description

The Invesco S&P 500 QVM UCITS ETF Dist aims to provide the net total return performance of the S&P 500 Quality, Value & Momentum Multi-factor Index (the "Reference Index"), less the impact of fees. The fund distributes dividends on a quarterly basis.The Reference Index aims to represent the performance of those companies within the S&P 500 Index which have the highest aggregate exposure to three investment factors: quality, value and momentum. To determine the components of the Reference Index, all companies included in the S&P 500 Index are assigned scores based on their performance against these three factors. These scores are then combined on an equal-weighted basis into a final factor composite. All companies are then ranked by their final factor composite with the top 100 companies being selected for inclusion in the Index, subject to a buffer rule which aims to reduce turnover. The weight for each component in the Benchmark will range between 0.05% and the lessor of 5% or 20 times its market capitalisation weight. The weight of each sector is capped at 40% for the purposes of seeking to avoid sector concentration.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 is rebalanced in line with changes to the Reference Index, which is reviewed and rebalanced on a quarterly basis.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.

Similar ETFs