Fund components

Sector exposure

as of 30 Aug 2021 (%)

Country exposure

as of 30 Aug 2021 (%)

Top 10 Exposures as of 30 Aug 2021 (%)

Name ISIN Cusip Weight
HIVE BLOCKCHAIN TECHNOLOGIES NPV CA43366H1001 43366H100 5.83%
BITFARMS LTD/CANADA CAD NPV CA09173B1076 09173B107 5.83%
COINBASE GLOBAL INC -CLASS A USD 0.0000 US19260Q1076 19260Q107 4.66%
TAIWAN SEMICONDUCTOR MANUFAC TWD10 TW0002330008 Y84629107 4.17%
SBI HOLDINGS INC NPV JP3436120004 J6991H100 4.13%
Kakao Corp KRW500 KR7035720002 Y4519H119 3.99%
GMO INTERNET INC NPV JP3152750000 J1822R104 3.95%
MICROSTRATEGY INC-CL A USD0.001 US5949724083 594972408 3.90%
MONEX GROUP INC NPV JP3869970008 J4656U102 3.55%
AKER ASA-A SHARES NOK28 NO0010234552 R0114P108 3.17%

Securities lending

What is Securities Lending?

Securities Lending is a well-established and tightly regulated practice involving the short-term transfer (loan) of securities. The objective is to enhance the ETF’s overall performance.

When a security is loaned, the borrower (who has been approved by Invesco and the Lending Agent) provides collateral and pays an agreed fee for the duration of the loan. Collateral is an asset that a lender accepts as security for a loan. If the borrower defaults on the loan payments, the lender can seize the collateral and resell it to recoup its losses.

How much revenue goes to the ETF?

The ETF will receive 90% of the revenue arising from securities lending, with the remaining 10% deducted by the Lending Agent, Bank of New York Mellon (BNY Mellon), for its fees and to cover direct and indirect operational costs. Invesco will not receive any revenue from the programme.

Risks to consider
Securities lending involves certain risks that an investor should consider, including:

  • The risk of the borrower defaulting on its obligation to return the securities at the end of the loan period, and
  • The risk of the ETF being unable to sell the collateral provided to it if the borrower defaults.

To mitigate these risks, the ETF benefits from a “borrower default indemnity” provided by the Lending Agent, BNY Mellon. The indemnity allows for full replacement of the securities loaned if the collateral does not cover the value of the securities in the event of a borrower default.

To find out more view the Invesco ETFs Securities Lending document in our Documents section.

Securities lending information

Percentage revenue retained by the fund 90%
Maximum amount of fund assets that can be loaned 15%
Maximum amount of any single security that can be loaned 90%

Assets on Loan

as of 30 Aug 2021 (%)

Collateral Held by Asset Type

as of 25 Aug 2021 (%)

Collateral Held by Country

as of 25 Aug 2021 (%)

Collateral Held by Currency

as of 25 Aug 2021 (%)

Top 10 Collateral Exposures as of 25 Aug 2021

Name Cusip ISIN Weight
UNITED STATES TREASURY BOND 912810QK7 US912810QK79 3.90%
UNITED STATES TREASURY BILL 9127964V8 US9127964V80 3.30%
UNITED STATES TREASURY NOTE 9128284Z0 US9128284Z04 3.20%
UNITED STATES TREASURY NOTE 912828N30 US912828N308 2.20%
UNITED STATES TREASURY NOTE 91282CCC3 US91282CCC38 2.20%
UNITED STATES TREASURY NOTE 912828X88 US912828X885 1.70%
US TREASURY INFLATION INDEXED NOTES 912828V49 US912828V491 1.60%
UNITED STATES TREASURY NOTE 912828B66 US912828B667 1.60%
UNITED STATES TREASURY NOTE 912828G38 US912828G385 1.50%
Other N/A N/A 79.00%

Key information

Bloomberg ticker BCHN LN
ISIN IE00BGBN6P67
Benchmark BBG ticker BLOCK
Management fee 0.65%
NAV (30 Aug 2021) $115.17
AUM $1,071,064,020
Base currency USD
Securities lending Yes
Umbrella AUM (27 Aug 2021) $6,758,536,300

Key documents

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