Description

The Invesco FTSE RAFI Europe UCITS ETF aims to deliver the net total return performance of the FTSE RAFI Europe Index, factoring in the impact of fees. This fund issues dividend payments every quarter. Unlike traditional market-capitalization weighted indices that rely on share price, the underlying Reference Index determines its constituent weightings using fundamental indicators of a company's economic footprint. These key factors include sales, cash flow, and total dividends, each averaged over the preceding five years, in addition to the company's book value at the time of review. The fund strives to achieve its goal via full physical replication, meaning it endeavors to purchase and hold, wherever practical, all securities in the index according to their specified weightings. The portfolio is adjusted in conjunction with any rebalancing of the index. This ETF is a passively managed vehicle, meaning an investment constitutes ownership of units in this index-tracking fund, not direct ownership of the underlying assets held within it.