Invesco MSCI Europe Value UCITS ETF Acc
ISIN IE00B3LK4Z20 WKN A1JUK7 Rating ★★☆☆☆
Replication
synthetic
Earnings
accumulating
Asset class
Equity
Region
Europe
Strategy
Value
TER
0.35 %
TD
0.38 %
Currency
EUR
Fund size
10 Mio EUR
Perf. 2022
-1.40 %
"Invesco MSCI Europe Value UCITS ETF Acc" is an exchange-traded investment fund (ETF). It refers to the MSCI Europe Value Index. This index reflects the development of 444 European stocks with "value" characteristics and is therefore relatively well diversified. The ETF replicates its index using synthetic replication, so the index performance is realized using a swap contract. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company Invesco claims a total expense ratio (TER) of 0.35% per year. The yearly average divergence from the index performance (Tracking Difference) since 2013 was 0.38% per year. Therefore, the ETF was slightly more expensive than the TER suggests.