Invesco STOXX Europe 600 Optimised Basic Resources UCITS ETF Acc
ISIN IE00B5MTWY73 Rating ★★☆☆☆
Replication
synthetic
Earnings
accumulating
Asset class
Equity
Region
Europe
Sector
Basic Resources
TER
0.20 %
TD
0.16 %
Currency
EUR
Fund size
34 Mio EUR
Perf. 2023
-3.50 %
"Invesco STOXX Europe 600 Optimised Basic Resources UCITS ETF Acc" is an exchange-traded investment fund (ETF). It refers to the STOXX Europe 600 Optimised Basic Resources Index. This index reflects the development of European stocks . The ETF replicates its index using synthetic replication, so the index performance is realized using a swap contract. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company Invesco claims a total expense ratio (TER) of 0.20% per year. The yearly average divergence from the index performance (Tracking Difference) since 2010 was 0.16% per year. Therefore, the ETF was slightly less expensive than the TER suggests.