Invesco ETF launches one new UK Gilt 15+ Year ETF on LSE

Invesco ETF Launches one new UK Gilt 15+ Year ETF on London Stock Exchange

Sign up to our free newsletters

Gary Buxton, Head of ETFs and Index Strategies for EMEA and APAC at Invesco

Invesco UK Gilt 15+ Year UCITS ETF Dist

The Invesco UK Gilt 15+ Year UCITS ETF Dist aims to provide the total return performance of the Bloomberg UK Gilt 15+ Index , less the impact of fees. The fund distributes income on a quarterly basis.

The Reference Index measures the performance of GBP-denominated, fixed-rate, investment grade public obligations issued by the government of the United Kingdom with remaining years to maturity of at least 15 years. It tracks nominal gilt issues only (inflation-linked bonds are not eligible for inclusion). The Reference Index is rebalanced and reconstituted on a monthly basis.

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. The fund may, but is not obliged to, rebalance monthly when the Reference Index is rebalanced.

This ETF is passively managed.

Source: ETFWorld.co.uk