Invesco Defence Innovation UCITS ETF Acc

The Invesco Defence Innovation UCITS ETF Acc is an exchange-traded fund that provides targeted exposure to global listed companies innovating in defence technologies. Launched on 29 October 2024 and domiciled in Ireland, it passively tracks the S&P Kensho Global Future Defense Index by holding its constituent securities in similar weightings, aiming for net total return performance before fees. This index focuses on firms developing sophisticated weapons, defensive systems, and border security solutions, encompassing areas like smart borders, critical infrastructure protection, military cybersecurity, space systems, robotics, unmanned drones, wearable technologies, and augmented reality applications. With a total expense ratio of 0.35% and an accumulating distribution policy, dividends are reinvested to support long-term capital growth. The ETF maintains a diversified portfolio of around 56 holdings, including prominent names such as Rocket Lab Corp, Kratos Defense & Security, AeroVironment, and Northrop Grumman, spanning developed markets worldwide. Managed by Invesco under a UCITS structure, it serves investors seeking thematic access to the evolving defence innovation sector, with assets under management recently exceeding $107 million.