The Invesco FTSE All-World UCITS ETF Acc (FWRA) is an Ireland-domiciled equity ETF managed by Invesco and traded under the FWRA ticker on the London Stock Exchange.

The fund seeks to track the net total return performance of the FTSE All-World Index, a benchmark composed of large- and mid-cap companies across developed and emerging markets.

FWRA provides broad global equity exposure across the United States, Europe, Asia, and emerging markets. The ETF follows a passive investment strategy and uses physical replication to track its benchmark. It operates under the UCITS framework and follows an accumulating income policy.

The FTSE All-World Index includes large- and mid-cap stocks across developed and emerging markets in more than 45 countries. 

It represents approximately 90% to 95% of the world's investable equity market capitalization and weights its constituents based on free-float-adjusted market capitalization. Its methodology also incorporates liquidity and investability requirements.

Composition / Exposure Profile

FWRA holds thousands of companies across a broad range of economic sectors, including:

• Technology.

• Financials.

• Industrials.

• Consumer discretionary.

• Health care.

• Communication services.

• Consumer staples.

• Energy.

• Materials.

• Utilities.

• Real estate.

The fund's major geographic exposures include the United States, Japan, the United Kingdom, Taiwan, Canada, China, South Korea, France, and Germany.

The United States accounts for the largest portion of the portfolio, while the remaining exposure is distributed across developed and emerging markets. Because the benchmark is weighted by market capitalization, larger companies account for greater portions of the portfolio.

Structure and Costs

FWRA trades on the secondary market on the London Stock Exchange, where investors can buy and sell shares through financial intermediaries. Both the fund's base currency and share class currency are the U.S. dollar.

The ETF has an ongoing charge of 0.15% per year and uses physical replication. The fund is domiciled in Ireland, operates under the UCITS framework, and is part of Invesco Markets II plc.

FWRA is an accumulating share class, meaning dividends and other income generated by its holdings are reinvested within the fund rather than distributed periodically to shareholders.

History and Evolution of the ETF

The Invesco FTSE All-World UCITS ETF Acc was launched in 2023 by Invesco to provide exposure to large- and mid-cap companies across developed and emerging markets through a single UCITS structure.

Since its launch, FWRA has maintained a passive strategy linked to the FTSE All-World Index, providing exposure to a broad portfolio of companies across different countries and sectors of the global economy.

The fund's performance reflects movements across developed and emerging equity markets, as well as changes in the relative weight of countries, sectors, and individual companies within its benchmark.

Additional Information

Invesco FTSE All-World UCITS ETF Acc (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $1.13 billion.

Over the past 12 months, Invesco FTSE All-World UCITS ETF Acc recorded a return of 16.24%, with its price trading between $7.97 and $9.64 during the same period.

The ETF is traded under the ticker FWRA.