Invesco expands US sector range with communications ETF

OCF of 0.14%

Invesco has added to its range of US sector strategies with the launch of a communications ETF.

The Invesco S&P Select Sector UCITS ETF is listed on the London Stock Exchange and has an ongoing charges figure of 0.14%. Tracking the S&P Select Sector Capped 20% Communication Services index, the ETF will offer investors exposure to 26 stocks in the sector. The new communication services sector is an extension of the telecommunication services sector aimed at capturing companies involved more widely in the communications space. S&P are reclassifying companies from segments in technology and consumer discretionary such as Twitter, Netflix and Disney. This is Invesco's eleventh...