Invesco STOXX Europe 600 Optimised Automobiles & Parts UCITS ETF Acc is an exchange-traded fund designed to track the STOXX Europe 600 Optimised Automobiles & Parts index, providing targeted exposure to the European automobiles and parts sector. Launched on 8 July 2009 and domiciled in Ireland, this accumulating ETF reinvests dividends into the fund rather than distributing them, which supports compounded growth in share value. With a total expense ratio of 0.20% per annum and a modest fund size of approximately 7 million euros, it employs a long-only strategy focused on physical replication optimized for closer benchmark performance. The ETF concentrates on companies involved in automobile manufacturing, components, and related parts across Europe, capturing key players in this cyclical industry influenced by economic trends, technological advancements, and regulatory shifts toward electrification and sustainability. Unhedged against currency risk and denominated in euros, it serves as a specialized vehicle for investors seeking sector-specific insights within the broader European equity market, highlighting the automobiles and parts segment's role in industrial production and supply chains.
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