Invesco Consumer Discretionary S&P US Select Sector UCITS ETF (XLYP.L)

The Invesco Consumer Discretionary S&P US Select Sector UCITS ETF Acc seeks to replicate the net total return of the S&P Select Sector Capped 20% Consumer Discretionary Index (the “Reference Index”), net of its operational expenses. This benchmark index comprises companies within the consumer discretionary sector of the S&P 500 Index. Its constituents are weighted based on their float-adjusted market capitalization, with a maximum individual weighting of 19%; any surplus weight is then distributed among the remaining uncapped securities. To achieve its objective, the fund employs a synthetic replication strategy. It maintains a diversified portfolio of equities, which typically contributes the bulk of the fund's performance, though these holdings are generally not identical to those within the Reference Index. Furthermore,…