Invesco MSCI World Universal Screened UCITS ETF Acc

What this fund is

Invesco MSCI World Universal Screened UCITS ETF Acc is an exchange-traded fund (ETF) from Invesco, traded under the ticker ESGW (ISIN IE00BJQRDK83). 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 follows the MSCI World Universal Select Business Screens Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include MICROSOFT CORP USD0.00000625, NVIDIA CORP USD0.001 and APPLE INC USD0.00001. With about 1192 holdings (the ten largest ≈ 24.1%), your money is diversified rather than concentrated in a handful of names.

Geographically it leans ~65.1% United States, ~6.8% Japan and ~3.6% Canada. By industry it concentrates most in ~32.2% Technology and ~19.1% Financials. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.19% a year — about €19 a year on a €10,000 holding, taken automatically from the fund; counting the trading costs inside the fund, the all-in figure is around 0.2%. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash.

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 12% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2019, 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.)