Invesco S&P 500 Scored & Screened UCITS ETF Acc

Invesco S&P 500 Scored & Screened UCITS ETF Acc is an exchange-traded fund (ETF) from Invesco, traded under the ticker SPXE (ISIN IE00BKS7L097). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. 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 across its target market. It passively tracks the S&P 500 Scored & Screened NTR Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include NVIDIA CORP, MICROSOFT CORP and INTEL CORP. With about 270 holdings (the ten largest ≈ 34.2%), your money is diversified rather than concentrated in a handful of names. Its biggest country exposures are ~91.1% United States, ~5.3% Switzerland and ~0.9% Netherlands. By industry it concentrates most in ~29.5% Technology and ~26.6% Health Care. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.09% a year — about €9 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%. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. It tracks its index through a swap agreement rather than owning every holding (synthetic 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 11.9% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2020, 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.)