Invesco Euro Corporate Hybrid Bond

ETF description

The Invesco Euro Corporate Hybrid Bond ETF offers investors exposure to hybrid bonds issued by companies within the Eurozone. By tracking the Bloomberg Euro Corporate Hybrid Bond index, this ETF focuses on hybrid securities that combine features of both bonds and equities, providing higher yields compared to traditional corporate bonds. These hybrid bonds typically include a mix of fixed and variable income elements and may have features like callable options or equity conversion. The ETF aims to deliver enhanced income potential and diversification by investing in a range of hybrid corporate debt instruments across various sectors. It is designed for investors seeking higher yield opportunities and exposure to innovative fixed‑income products within the Eurozone corporate bond market.

Issuer details

Invesco is one of the world’s largest ETF providers with over US$680 billion globally in ETF assets under management (as at 31 March 2024). It offers over 140 EMEA ETFs spanning regions and strategies across equities, fixed income and commodities.

Its culture of innovation lets it find new opportunities for investors, as well as ways to improve the performance of core ETF exposures.

Index details

The Bloomberg Euro Area Liquid Corporate Bond index provides targeted exposure to investment‑grade corporate bonds issued by companies in the eurozone. This index focuses on highly liquid, high‑quality corporate debt across a range of industries and sectors, offering investors access to stable income and potential capital appreciation while maintaining a robust level of credit quality. By emphasizing liquid, euro‑denominated corporate bonds, the index aims to balance yield with market liquidity, making it suitable for portfolios seeking reliable income and diversification within the euro area’s corporate credit market. Its focus on liquid, investment‑grade securities ensures investors can benefit from the stability and growth potential of top‑rated eurozone companies.