Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPQ.L)

The Invesco Morningstar US Energy Infrastructure MLP UCITS ETF Acc seeks to replicate the overall performance of the Morningstar MLP Composite Index (referred to as the “Reference Index”), after accounting for management fees. This Reference Index offers broad, diverse exposure to US-listed energy Master Limited Partnerships (MLPs). Its components are weighted based on the monetary value of their annual distributions, with individual holdings capped at 10%. The index focuses on the largest 97% of MLPs by market capitalization and undergoes daily calculation, quarterly rebalancing, and a semi-annual review. To achieve this objective, the fund employs a synthetic replication strategy. It invests in a portfolio of equities, which forms the primary source of its returns, though these may not be the…