Invesco Artificial Intelligence Enablers UCITS ETF AccIndex, costs, backtest, listings and taxation

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

Investment objective: The objective of the Fund is to provide exposure to global listed companies that are developing and enabling technology, infrastructure and services propelling the growth and functionality of artificial intelligence ("AI"). Investment approach: The Fund is a passively managed ETF. To achieve the investment objective, the Fund will seek to replicate the net total return performance of the S&P Kensho Global Artificial Intelligence Enablers Screened Index, less fees, expenses and transaction costs. The Fund will as far as possible and practicable, replicate the Index by holding all the securities in the Index in a similar proportion to their respective weightings in the Index. The Fund may use derivative instruments for the purposes of managing risk, reducing costs, generating additional capital or income. The Fund may engage in securities lending, whereby 90% of the revenues arising from securities lending will be returned to the Fund and 10% of the revenues will be retained by the securities lending agent. The Fund may be exposed to the risk of the borrower defaulting on its obligation to return the securities at the end of the loan period and of being unable to sell the collateral provided to it if the borrower defaults. The Fund is an Article 8 Fund (it promotes environmental and/or social characteristics) for the purposes of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector ("SFDR"). The Fund’s base currency is USD. The Index: The S&P Kensho Global Artificial Intelligence Enablers Screened Index (the "Index") tracks the performance of global listed companies that are developing and enabling technology, infrastructure and services propelling the growth and functionality of artificial intelligence. The Index is constructed by selecting securities from a broad global equity universe, which includes all developed market countries as defined by the Index provider, as well as China (excluding China A shares) and Taiwan. Securities that are subject to U.S. Office of Foreign Assets Control (OFAC) sanctions are not eligible for selection. The Index screens securities from the eligible universe to exclude those that do not meet the minimum liquidity criteria of the Index methodology. The Index provider also applies its exclusionary criteria to exclude securities that: 1) are involved (as defined by the Index provider) in the following business activities: tobacco, controversial weapons, oil sands, small arms, military contracting and thermal coal; 2) are deemed not to comply with the principles of the United Nations Global Compact, 3) have an ESG score (as defined by the Index provider) which falls in the bottom 10% (i.e. the worst performers in terms of ESG score) of the S&P Global BMI Index, which is a broad global equity universe; and 4) are not covered by the ESG data solution used by the Index provider. Involvement and revenue thresholds are defined by the Index Provider. Further information in relation to any revenue thresholds and controversy scoring criteria, can be obtained from the Index provider's website. Companies are then assessed and selected if they are determined by the Index provider to be focused on developing and enabling the technology, infrastructure, and services propelling the growth and functionality of AI; specifically including the below business activities: (a) Hardware - including chips and computing equipment that support high performance AI computations and operations; (b) Software and solution developers of AI algorithms and products; (c) Infrastructure services which are integral to enabling data intensive AI capabilities; (d) Products and services that provide a framework specifically for AI applications, and (e) Data curation and management solution providers that support the effective training and functioning of AI models. The Index provider utilises an automated scan of companies’ most recent regulatory filings to identify specific search terms and phrases that link the company’s products and services to any of these activities. The resulting selected companies comprise the list of companies in the Index. The companies are then classified into two groups, "Core" (those with a significant portion of their business operations and/or revenues deriving from products and services aligned with the theme), or "Non-Core" (those that operate across the broader value chain of the theme, providing vital inputs such as critical subcomponents to the end products aligned to the theme, but not focusing on delivering these end products themselves), as determined by the Index provider. An overweight factor is applied to the group of Core securities relative to the Noncore to enhance the overall exposure of the Index to the Core group and emphasize pure play innovation. Within each group, companies are equally weighted subject to diversification and liquidity constraints. The Index is rebalanced on a quarterly basis. This document provides a summary of the principal features of the Index, the complete description of the Index (available from the Index provider) shall at all times prevail. Investors should note that the Index is the intellectual property of the Index provider. The Fund is not sponsored or endorsed by the Index provider and a full disclaimer can be found in the Fund’s supplement. Dividend Policy: This Share Class does not pay you income, but instead reinvests it to grow your capital, in line with its stated objectives.

Keep reading the KID section ▾

Redemption and Dealing of Shares:The Fund's shares are listed on one or more Stock Exchange(s). Investors can buy or sell shares daily through an intermediary directly or on Stock Exchange(s) on which the shares are traded. In exceptional circumstances investors will be permitted to redeem their shares directly from the Umbrella Fund in accordance with the redemption procedures set out in the prospectus, subject to any applicable laws and relevant charges.

Intended Retail InvestorThe Fund is intended for investors aiming for long term capital growth, who may not have specific financial expertise but are able to make an informed investment decision based on this document, the supplement, and the prospectus, have a risk appetite consistent with the risk indicator displayed below and understand that there is no capital guarantee or protection (100% of capital is at risk). Practical Information Fund Depositary: The Bank of New York Mellon SA/NV, Dublin Branch, Riverside Two, Sir John Rogerson’s Quay, Grand Canal Dock, Dublin 2, D02 KV60, Ireland. Find out more: This document is specific to the Fund. Further information about the Fund can be obtained from the supplement, the prospectus, annual and interim reports. The prospectus, annual and interim reports are prepared for the Umbrella Fund, of which the Fund is a sub-fund. These documents are available free of charge in English. They can be obtained along with other information, such as share prices, at https://etf.invesco.com (select your country and navigate to the Documents section on the product page), or by calling +353 1 439 8000. The assets of the Fund are segregated as a matter of Irish law and as such, in Ireland, the assets of one sub-fund will not be available to satisfy the liabilities of another sub-fund. This position may be considered differently by the courts in jurisdictions outside of Ireland. Subject to satisfying certain criteria as set out in the prospectus, investors may be able to exchange their investment in the Fund for shares in another sub-fund of the Umbrella which is being offered at that time.

Countries

• Moneyfarmzero on single buys from 1,000 €, agreement until 31 December 2026
• XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans