New equity ETF from Invesco on Xetra: access to the broad US equity market with currency hedging
New equity ETF from Invesco on Xetra: access to the broad US equity market with currency hedging
A new exchange-traded fund from Invesco has been tradable on Xetra and via the trading venue Börse Frankfurt since Wednesday.
The Invesco MSCI USA UCITS ETF tracks the performance of the MSCI USA Index. It gives investors access to the broad US equity market across various sectors. In total, the approximately 600 large and mid-cap companies reflect 85 per cent of US market capitalisation. The ten largest companies include Microsoft, Apple, Nvidia, Amazon, Meta Platforms, Alphabet A and C, Lilly, Broadcom and Tesla.
The share class is currency-hedged against the euro. Dividend income is reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Invesco MSCI USA UCITS ETF EUR Hdg Acc | Equity ETF | 0.05 per cent | accumulating | MSCI USA Daily Hedged to EUR NET Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,150 ETFs. With this selection and an average monthly trading volume of more than €14 billion, Xetra is the leading trading venue for ETFs in Europe.