The Invesco FTSE All-World UCITS ETF will track the performance of the FTSE All-World Index, which offers exposure to more than 4,000 large and mid-sized companies across 49 developed and emerging market countries, the firm said in a statement. The Invesco ETF will have an annual charge of 0.15 per cent, making it a low cost ETF among similar exposures in Europe. 

Global equity ETFs have been the most popular among investors in every year since 2019, and in the first five months of 2023 have attracted $13 billion of net new assets, 43 per cent of all equity ETF flows, the firm continued. Data analysed by Invesco show a clear trend over this time period that suggests increasing demand for products that combine developed and emerging market countries.

Gary Buxton, head of EMEA ETFs and indexed strategies at Invesco, said: “A basic investing principle is that spreading your investment around many different securities can reduce the risk compared to investing in individual stocks.” 

“Taking it a step further, diversifying across different securities throughout the world can reduce risk versus investing in a single country or region. The idea for our new ETF is to provide every investor the opportunity for well-diversified portfolio, with one simple ETF delivering immediate exposure to the world’s equity markets at a low cost,” he added.