Invesco
Energy Transition Fund
Data as at 31 May 2024
The investment concerns the acquisition of units in an actively managed fund and not in a given underlying asset. The fund is actively managed and does not track the benchmark index, which is only provided for performance comparison purposes. Costs may increase or decrease as result of currency and exchange rate fluctuations. For information on overall risks and further information on costs, please refer to the legal sales documents.
Overview
Fund objective
- The objective of the Fund is to contribute towards the global transition towards lower-carbon sources of energy and achieve long-term capital growth.
- The Fund integrates a thematic and an environmental, social and governance (ESG) approach with a particular focus on environmental criteria.
- The Fund invests primarily in shares of companies worldwide which contribute positively to a transition to alternative energies (energy transition) and more efficient and sustainable energy usage across the economy.
- The Fund is managed using “quantitative methods”. “Quantitative methods” are defined as mathematical, logical and statistical techniques used for stock selection purposes.
- The Fund selects companies that either are significantly exposed to energy transition and clean energy activities or, in the view of the investment manager, show potential to be leaders in supporting the transition to a low carbon economy.
- In order to assess the companies’ exposure, key themes pertaining to energy transition are identified using Natural Language Processing (NLP) algorithms based on unstructured news data, in particular clean energy themes and energy transition and efficiency themes.
- NLP is a field of artificial intelligence which deals with the interaction between computers and humans with the aim to read, decipher and understand the human language in a manner that is valuable for the portfolio construction.
- Screening is employed to exclude companies and/or issuers that do not meet the Fund’s criteria on a range of other environmental and social metrics and the level of involvement in controversial activities.
- Finally, the Fund will be constructed using a proprietary score together with a third party indicator that measures a company’s ability to transition to a lower carbon economy.
- The Fund may use derivatives (complex instruments) to manage the Fund more efficiently, with the aim of reducing risk, reducing costs and/or generating additional capital or income.
- The Fund is actively managed and is not constrained by its benchmark, the MSCI World AC Index (Net Total Return), which is used for comparison purposes. However, the majority of the Fund’s holdings are likely to be components of the benchmark. As an actively managed fund, this overlap will change and this statement may be updated from time to time.
- The Fund has broad discretion over portfolio construction and therefore securities, weightings and risk characteristics will differ. As a result, it is expected that over time the risk return characteristics of the Fund may diverge materially to the benchmark.
- Please refer to the Past Performance section below where a benchmark will be displayed if relevant.
- The Fund has a sustainable investment as its objective as covered under Article 9 of the Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector.
Redemption price and costs
- Current NAV
- 9
- Minimum investment 2
- USD 1.500
- Annual management charge
- 1,00%
- Entry charge
- Up to 5,00%
The amount you are charged will vary depending on how you will invest with us.
Fund code
- ISIN
- LU0123357419
- Bloomberg-Code
- INVENFA LX
- VALOR
- 1188500
Key facts
- Share class
- February 2001
- Launch date
- February 2001
- Legal status
- Luxembourg SICAV with UCITS status
- Reference index
- Fund size
- USD 46,91 Mil
Fund manager
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Fund details
- Share class:
- A-Acc Shares
- Share class currency
- USD
Important information
The Original Fund Launch date relates to the previous fund named: Invesco Energy Fund, which was renamed to Invesco Energy Transition Fund on 8 April 2021 and the track record restarted on that date. The minimum investment amounts are: USD 1,000,000 / EUR 800,000 / GBP 600,000 / CHF 1,000,000 / SEK 7,000,000. Please contact us or refer to the most up to date Prospectus for details of minimum investment amounts in other currencies.
This marketing communication is for investors in Switzerland only. Investors should read the legal documents prior to investing. By accepting this material, you consent to communicate with us in English, unless you inform us otherwise. Data as at 31 May 2024, unless otherwise stated.
Previous Benchmark: MSCI World Energy ND up to 7 April 2021. Views and opinions are based on current market conditions and are subject to change. This is marketing material and not financial advice. It is not intended as a recommendation to buy or sell any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. This does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such an offer or solicitation. As with all investments, there are associated risks. This document is by way of information only. Asset management services are provided by Invesco in accordance with appropriate local legislation and regulations. The fund is available only in jurisdictions where its promotion and sale is permitted. Not all share classes of this fund may be available for public sale in all jurisdictions and not all share classes are the same nor do they necessarily suit every investor. Fee structure and minimum investment levels may vary dependent on share class chosen. Please check the most recent version of the fund prospectus in relation to the criteria for the individual share classes and contact your local Invesco office for full details of the fund registration status in your jurisdiction. This is marketing material and not intended as a recommendation to buy or sell any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. For information on our funds and the relevant risks, refer to the Key Information Documents/Key Investor Information Documents (local languages) and Prospectus (English, French, German, Spanish, Italian), and the financial reports, available from www.invesco.eu. A summary of investor rights is available in English from www.invescomanagementcompany.lu. The management company may terminate marketing arrangements. Any investment decision should take into account all the characteristics of the fund as described in the legal documents. For sustainability related aspects, please refer to: https://www.invescomanagementcompany.lu/lux-manco/literature.
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Issued in Switzerland by Invesco Asset Management (Schweiz) AG, who act as representative for the funds distributed in Switzerland. Paying agent in Switzerland: BNP PARIBAS, Paris, Zurich Branch, Selnaustrasse 16 8002 Zürich. The Prospectus, Key Information Document, and financial reports may be obtained free of charge from the Representative. The funds are domiciled in Luxembourg.