Invesco STOXX Europe 600 Optimised Basic Resources UCITS ETF (SC0W.DE)

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This Invesco Exchange Traded Fund (ETF) aims to replicate the net total return of its benchmark, the STOXX Europe 600 Optimised Basic Resources Index (referred to as the "Reference Index"), after accounting for its various charges. The Reference Index is constructed to offer investors an effective means of following the performance of highly liquid companies within the STOXX Europe 600 Basic Resources Index, suitable for both bullish and bearish positions. Its scope includes companies from seventeen European nations: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. To meet its investment objective, the fund primarily holds a diversified portfolio of equities, which typically contributes most of its returns, though these holdings may not exactly match those of the Reference Index. Additionally, the fund employs unfunded swap contracts. These agreements with authorized third parties allow for the exchange of any performance difference between the Reference Index and the fund's actual equity basket. This dual strategy is intended to deliver a more precise and stable tracking performance relative to the Reference Index than could typically be achieved through solely investing directly in index components. This ETF is passively managed, meaning it tracks an index rather than seeking to outperform it through active selection. Therefore, investing in this fund involves acquiring units in a passively managed, index-following vehicle, not direct ownership of the underlying assets it contains.