Invesco EURO STOXX High Dividend Low Volatility UCITS ETF
public_traded
Invesco EURO STOXX High Dividend Low Volatility UCITS ETF is publicly traded on LSE under ticker HDEU.L.
The Invesco EURO STOXX High Dividend Low Volatility UCITS ETF Dist aims to provide the net total return performance of the EURO iSTOXX High Dividend Low Volatility 50 Index (the "Reference Index"), less the impact of fees. The fund distributes dividends on a quarterly basis.The Reference Index aims to screen all securities from the broad EURO STOXX Index for their 12 month historical volatility and 12 month historical dividend yield, then ranks them according to their 12 month historical dividend yield in descending order. The top 75 stocks are selected, with a maximum of 10 stocks per country. All eligible securities are then ranked according to their 12 month historical volatility in ascending order. From the selection list, the top 50 securities are selected to be included in the benchmark index. The constituents are weighted according to their 12 month historical dividend yield and a cap of 3% per constituent is applied.The fund aims to achieve its objective by buying and holding, as far as possible and practical, all the securities in the index in their respective weightings. The fund will aim to rebalance its holdings whenever the index is rebalanced. This method is referred to as full physical 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.