Invesco Global Active ESG Equity UCITS ETF Acc

Investment objective: The objective of the Fund is to achieve a long-term return in excess of the MSCI World Index (the 'Benchmark'), by investing in an actively managed portfolio of global equities that meets a defined set of environmental, social, and corporate governance criteria (the 'ESG Criteria'). Investment approach: To achieve the investment objective, the Fund invests in shares of companies from developed markets worldwide. Eligible stocks are screened for compliance with the Fund's ESG Criteria, which incorporates both exclusion criteria (based on an issuers exposure to controversial business activities or ESG controversies) and a best-in-class approach which selects those securities from each industry that score highest according to the Sub-Investment Manager's scoring system. Eligible stocks are then scored based on their attractiveness with respect to three investment factors: Value (i.e. companies perceived to be 'inexpensive' relative to market averages); Quality (i.e. companies that demonstrate stronger balance sheets relative to market averages); and Momentum (i.e. companies whose historical share price performance or earnings growth have exceeded market averages). The Fund holds a sub-set of these stocks, using an optimisation process that seeks to maximise exposure to those investment factors whilst targeting a risk profile that is consistent with the Fund's investment objective. The portfolio construction and optimisation process also aims to reduce the Fund's revenue-based carbon emissions intensity by at least 50% compared to the Benchmark. The optimisation process also implements a self-decarbonisation portfolio constraint, a 7% year on year reduction in the intensity of funded carbon emissions. Fund holdings are rebalanced monthly. The 'quantitative investment model' uses mathematical, logical and statistical techniques for stock selection purposes. The Fund will not seek to track the performance of the Index. The Fund will hold an actively

Actively managed

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No