Invesco GBP Corporate Bond UCITS ETF
public_traded
Invesco GBP Corporate Bond UCITS ETF is publicly traded on LSE under ticker IGCB.L.
The Invesco GBP Corporate Bond UCITS ETF Dist aims to provide the total return performance of the Bloomberg Sterling Liquid Corporate Bond Index (the "Reference Index"), less the impact of fees. The fund distributes income on a quarterly basis.The Reference Index measures the performance of investment grade, Sterling-denominated, fixed-rate corporate bond market. To be included, securities must be issued by companies in the industrials, financials and utilities sectors. Securities must have at least GBP 350 million par amount outstanding and at least one year until final maturity. Issuer weights are capped at 4%. The Reference Index rebalances monthly.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. 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.