Description

PLV invests in Invesco portfolios listed on either a Canadian or U.S. stock exchange. The Sub-adviser uses a quantitative portfolio construction model to determine what rebalancings, if any, will take place. The ETF holds a static fixed income allocation of approximately 30% which is invested in Invesco 1-5 Year Laddered Investment Grade Corporate Bond Index ETF (TSX ticker: PSB), and on a monthly basis the Sub-advisor will rebalance the equity allocation of the ETF in accordance with a quantitative portfolio construction model. Exposure to emerging market equity and small/mid-cap U.S. equity will be limited to 7% each.