To minimise exposure to fluctuations in the exchange rate between USD and EUR, the EUR Hedged share class enters into foreign exchange transactions. The Invesco Bloomberg Commodity UCITS ETF EUR Hdg aims to provide the total return performance of the Bloomberg Commodity Index (the "Reference Index"), less the impact of fees. On-exchange liquidity may be limited due to Reference Index suspension, a decision by one of the relevant stock exchanges, or a breach by the market maker of respective stock exchange requirements and guidelines. Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. In order to reach its investment objective, the Fund enters into swap agreements which provide the performance of the Reference Index, and may imply a range of risks which could lead to an adjustment or even the early termination of the swap agreement. The Fund is exposed to the risk of bankruptcy, or any other type of default of the counterparty related to any trading transaction entered into by the Fund. Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. Currency hedging may not completely eliminate currency risk and may affect the performance of the share class. Investors may not get back the full amount invested. This may partly be the result of changes in exchange rates. The value of investments, and any income from them, will fluctuate. For complete information on risks, refer to the legal documents.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |