Invesco Financials S&P US Select Sector UCITS ETF (XLFS.L)

The Invesco Financials S&P US Select Sector UCITS ETF Acc seeks to replicate the net total return performance of the S&P Select Sector Capped 20% Financials Index, after deducting all associated fees. This benchmark index specifically represents the financial companies contained within the broader S&P 500 Index. Constituents are weighted based on their free-float market capitalization, with a 19% maximum cap on any single holding; any excess weight is then distributed proportionally among the other uncapped constituents. To achieve its objective, the fund typically holds a diversified portfolio of equities, which are responsible for most of its returns but do not usually mirror the exact composition of the Reference Index. Additionally, the fund employs unfunded swaps, which are agreements with…