Invesco Markets plc
Ground Floor, 2 Cumberland Place, Fenian Street, Dublin 2, Ireland
Telephone +353 1 439 8000 www.invesco.com
19 December 2024
NOTICE TO SHAREHOLDERS
RE: Change of Fund Name Index Name
Fund Name | Share Class | ISIN |
Invesco S&P 500 ESG UCITS ETF (the "Fund") | Acc EUR Hdg Acc | IE00BKS7L097 IE000QF66PE6 |
Dear Shareholder,
This notice is to inform you of proposed changes to the name of the Fund, a sub-fund of Invesco Markets plc (the "Company"), as a result of a proposed change to the name of the index used by the Fund (the "Reference Index"). These changes have been proposed to meet the requirements of ESMA's guidelines on funds' names using ESG or sustainability-related terms (the "Guidelines").
According to the Guidelines, "ESG" is an environmental-related term. The Guidelines require that in order to use environmental-related terms in a fund name, the strategy of the relevant fund must: (i) meet an 80% threshold linked to the proportion of investments used to meet the environmental and social characteristics of the fund; and (ii) incorporate the exclusionary criteria for Paris-aligned Benchmarks detailed in Article 12(1)(a) - (g) of Commission Delegated Regulation (EU) 2020/1818 (the "PAB exclusions").
As the Reference Index does not incorporate the PAB exclusions, the Index Provider, following consultation, has determined it appropriate to rename the Reference Index to remove "ESG". Accordingly, it is proposed to rename the Fund to reflect the name of the Reference Index with effect from 10 February 2025 (the "Effective Date").
Details of the proposed name changes are as follows:
Current Reference Index Name | New Reference Index Name |
S&P 500 ESG Index | S&P 500 Scored & Screened Index |
Current Fund Name | New Fund Name |
Invesco S&P 500 ESG UCITS ETF | Invesco S&P 500 Scored & Screened UCITS ETF |
Directors: Gary Buxton (British/Irish), Feargal Dempsey, Deirdre Gormley, Sarah (Katy Walton) Jones (British), Lisa Martensson (Swedish)
Invesco Markets plc, registered in Ireland as an open-ended variable capital umbrella investment company with limited liability and segregated liability between sub-funds.
Registration number: 463397. Registered office: Ground Floor, 2 Cumberland Place, Fenian Street, Dublin 2, Ireland
Further details in relation to the proposal to change the name of the Reference Index can be found here: https://www.spglobal.com/spdji/en/documents/education/faq-sp-index-name-changes-in-response-to- the-esma-guidelines.pdf
Next steps
The supplement for the Fund (the "Supplement") will be amended to reflect the above-mentioned changes on or shortly after the Effective Date.
Should you wish to redeem your shareholding as a result of the changes, you may do so in accordance with the dealing provisions outlined in the Prospectus.
General
Shareholders may obtain the Prospectus, a copy of the Supplement, the key investor information documents, the latest annual and semi-annual reports and copies of the Constitution free of charge from the registered office of the Manager or the local representatives in the countries where the Company is registered and in Switzerland at BNP Paribas, Paris, Zurich branch, Selnaustrasse 16, 8002Zurich which is the Swiss representative and paying agent, as well as from the German information agent Marcard, Stein & Co AG, Ballindamm 36, 20095 Hamburg, Germany and where applicable on the website of the Company - etf.invesco.com.
All capitalised terms used in this notice shall bear the same meaning as the capitalised and defined terms used in the Prospectus and Supplement.
Yours faithfully
Name: Lisa Martensson Title: Director
Date: 19.12.2024
For and on behalf of Invesco Markets plc
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