"Invesco Nasdaq Next Generation 100 UCITS ETF Acc" is an exchange-traded investment fund (ETF). It refers to the Nasdaq Next Generation 100 Index. This index reflects the development of stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company Invesco claims a total expense ratio (TER) of 0.25% per year.