Invesco Materials S&P US Select Sector UCITS ETF (XLBP.L)

This Invesco Exchange Traded Fund (ETF) seeks to deliver the total net return performance of its benchmark, the S&P Select Sector Capped 20% Materials Index, after accounting for all applicable charges. This Reference Index comprises companies from the materials sector of the S&P 500 Index. Constituents are weighted based on their float-adjusted market capitalization, with an individual cap of 19%; any weight exceeding this threshold is redistributed among other uncapped holdings. To achieve its goal, the fund primarily invests in a diversified portfolio of equities, which, while generating the bulk of its returns, typically does not precisely mirror the underlying index's components. Additionally, it utilizes unfunded swap agreements with pre-approved counterparties. These contracts facilitate an exchange of any difference between…