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

The Invesco Materials S&P US Select Sector UCITS ETF Acc (XLBS.L) aims to deliver the net total return performance of its benchmark, the S&P Select Sector Capped 20% Materials Index (referred to as the "Reference Index"), after accounting for associated fees. This Reference Index focuses specifically on companies within the materials sector of the broader S&P 500 Index. Individual constituents are weighted based on their float-adjusted market capitalization, with each stock subject to a 19% cap. Any weight exceeding this threshold is redistributed proportionally among the remaining uncapped constituents. To achieve its objective, the fund primarily invests in a portfolio of equities. While these holdings typically generate the majority of the fund's returns, they generally do not precisely mirror the…