Invesco CoinShares Global Blockchain UCITS ETF

Issuer: Invesco

Asset Class: Equity

TER: 65bps

Trading Currency: USD

Pays Income: False

Listing Date: 11 Mar 2019

Ticker: BCHN

ISIN: IE00BGBN6P67

This fund offers exposure to the transformative potential of blockchain technology by investing in a global portfolio of companies that are actively involved in its development and application. Blockchain, a decentralized and immutable digital ledger, is the foundational technology behind cryptocurrencies but its applications extend far beyond, promising to revolutionize industries such as finance, supply chain management, healthcare, and intellectual property. The investment thesis is built on the belief that as this technology matures, the companies building and utilizing its infrastructure will experience significant growth.

The portfolio provides a diversified approach to this emerging theme. Rather than investing directly in volatile digital assets, the fund holds equities of companies participating in the blockchain ecosystem. This includes digital asset miners, hardware manufacturers that produce the necessary computing equipment, and companies from various sectors that are integrating blockchain into their operations to improve efficiency, security, and transparency. This strategy allows investors to participate in the broader technological shift while mitigating some of the specific risks associated with direct cryptocurrency ownership.

By tracking an index of global blockchain-focused companies, this product offers a transparent and rules-based method for capturing the potential upside of this disruptive technology. It is designed for investors with a long-term horizon who are looking to add thematic, high-growth potential exposure to their portfolios. The fund represents a strategic allocation to the infrastructure underpinning the evolution of the digital economy, providing a way to invest in the picks and shovels of the ongoing digital transformation.