Invesco JPX-Nikkei 400 UCITS ETF Acc

Investment objective: The objective of the Fund is to achieve the performance of the JPX-Nikkei 400 Net Total Return Index (the 'Index'), less fees, expenses and transaction costs. Investment approach: The Fund is a passively managed ETF. To achieve the objective the Fund will use unfunded swaps ('Swaps'). These Swaps are an agreement between the Fund and an approved counterparty to exchange one stream of cash flows against another stream but do not require the Fund to provide collateral, on the basis that the Fund has already invested in a basket of equities and equity related securities (namely shares). Please note that the Fund will purchase securities that are not contained in the Index. The performance of the Index is swapped from the counterparty to the Fund in exchange for the performance of equities and equity related securities held by the Fund. The Fund uses derivatives for investment purposes. The use of such instruments may impact the magnitude and frequency of the fluctuations in the value of the Fund. The Fund's ability to track the Index performance is reliant on the counterparties to continuously deliver the performance of the Index in line with the swap agreements. The insolvency of any institutions acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss. The Fund's base currency is JPY. The Index: The Index offers broad exposure to the Japanese equity market. It is comprised of around 400 companies listed on various sections of the Tokyo Stock Exchange such as the mid and large cap markets, the market of high-growth and emerging stocks and the market for well established companies or those with expected large growth. Constituent selection is based on market capitalisation, trading value, return on equity, operating profit and qualitative factors such as accounting policy and corporate governance. The Index is rebalanced on an annual basis. This document provides a summary of the principal features of the In

Synthetic replication - unfunded swap

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No