Invesco unveils two low-cost UK gilts ETFs

Ongoing charge of just 0.06%

Invesco is launching two low-cost UK gilts ETFs on the London Stock Exchange at an ongoing charge of just 0.06% per annum.

According to the firm, the two funds offer investors the lowest-cost exposure to UK gilts of all products available in Europe. The new funds follow the launch of Invesco's Treasury Bond ETF range, which raised more than $1bn in assets in just over a month. The new products offer investors either short-term exposure through the Invesco UK Gilt 1-5 Year UCITS ETF, or broader exposure through the Invesco UK Gilt UCITS ETF, with the latter investing across the full maturity spectrum of up to 55 years. Invesco launches trio of floating rate note ETFs Paul Syms, head of EMEA ETF fixed...