Invesco Global Active Defensive ESG Equity UCITS ETF Dist

What this fund is

Invesco Global Active Defensive ESG Equity UCITS ETF Dist is an exchange-traded fund (ETF) from Invesco, traded under the ticker LVLD (ISIN IE0005KF09R2). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread broadly across markets worldwide. It passively tracks the MSCI World Total Return (Net) Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include NVIDIA CORP USD0.001, ALPHABET INC-CL A USD0.001 and MICROSOFT CORP USD0.00000625. With about 375 holdings (the ten largest ≈ 18.4%), your money is diversified rather than concentrated in a handful of names.

Its biggest country exposures are ~64.8% United States, ~8.9% Japan and ~4% Switzerland. Its heaviest sectors are ~25.8% Technology and ~18% Financials. Funds like this are commonly chosen by investors who want a regular cash income stream rather than reinvesting everything for growth. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. On the standard KID risk scale it is rated 4 out of 7 and its price has swung about 8.9% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2025, and its KID suggests a holding period of 5 years. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Invesco.)