Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc

What this fund is

Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc is an exchange-traded fund (ETF) from Invesco, traded under the ticker EQGB (ISIN IE00BYVTMW98). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. At its core it is a focused, thematic fund: it concentrates on the technology part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, 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. It follows the NASDAQ - 100 Notional NTR Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include NVIDIA CORP USD0.001, APPLE INC USD0.00001 and MICRON TECHNOLOGY INC USD0.1.

With about 103 holdings (the ten largest ≈ 45.1%), your money is diversified rather than concentrated in a handful of names. Geographically it leans ~96.2% United States, ~1.9% Ireland and ~0.8% Canada. Its heaviest sectors are ~59.1% Technology and ~12.8% Communication Services. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.35% a year — about €35 a year on a €10,000 holding, taken automatically from the fund.

Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors, trades in GBP and is currency-hedged against exchange-rate swings. Its price has swung about 16.9% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2017. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Invesco.)