Description

The Invesco FTSE RAFI Emerging Markets UCITS ETF Dist aims to replicate the net total return of the FTSE RAFI Emerging Markets Index, after accounting for all fees. Income is distributed to investors on a quarterly basis. This ETF's underlying index deviates from traditional market-capitalization weighting; instead, it determines the inclusion and weighting of its components based on fundamental indicators of a company's economic scale. The four key financial metrics used for this purpose are: average sales over the past five years, average cash flow over the past five years, book value as of the review date, and the average total dividends paid out over the preceding five years. To accomplish its goal, the fund primarily purchases and holds, to the fullest extent practical, all the securities in the index at their respective weightings. The fund's holdings are rebalanced concurrently with the index's rebalancing, a method referred to as full physical replication. This ETF is passively managed, meaning an investment constitutes the acquisition of units in a fund designed to track an index, rather than direct ownership of the underlying assets.