Invesco S&P 500 Low Volatility UCITS USD Accumulation 

The Invesco S&P 500 Low Volatility UCITS ETF Acc is designed to match the total return performance of its benchmark, the S&P 500 Low Volatility Index, after factoring in its expenses. This underlying index focuses on the 100 least volatile companies within the broader S&P 500 index. Its construction involves measuring the volatility of every S&P 500 component, which is calculated as the standard deviation of its daily price returns over the previous calendar year. These stocks are then ranked inversely by their realized volatility, with the top 100 demonstrating the lowest volatility being chosen for the index. The index's composition is updated quarterly. To meet its investment goal, the fund employs a sampling strategy; its managers use sophisticated modeling techniques to acquire and hold a carefully selected proportion of the index's securities that accurately reflects the characteristics of the entire index. This selective approach aims for close index replication while minimizing the operational costs associated with full replication. This ETF is passively managed, meaning an investment grants ownership of units within the fund rather than direct stakes in the underlying assets it holds.