Invesco S&P 500 UCITS ETF (SPXP.L)

The Invesco S&P 500 UCITS ETF Acc seeks to mirror the net total return performance of the S&P 500 Index, after accounting for its own fees. This benchmark represents approximately 500 major U.S. companies, covering about 80% of the entire U.S. equity market capitalization with its large-cap constituents. The fund achieves its objective through a synthetic replication strategy, holding a diversified portfolio of equities that typically generate the majority of its returns but are generally not identical to the index components. To bridge the performance gap between its held assets and the S&P 500, the ETF utilizes unfunded swap agreements. Through these contracts, approved counterparties exchange with the fund any difference between the index's returns and the performance of the…