Description

The Invesco FTSE RAFI All-World 3000 UCITS ETF Dist aims to provide the net total return performance of the FTSE RAFI All-World 3000 Index (the "Reference Index"), less the impact of fees. The fund distributes dividends on a quarterly basis.The Reference Index is designed to break with the traditional price-based market cap weighted index design and instead derives its constituent weights from fundamental measures of company size. Its constituents are selected and weighted using four fundamental factors: Sales (averaged over the prior five years), Cash Flow (averaged over the prior five years), Book Value (at the review date), and Dividends (total dividend distributions averaged over the last five years).The fund aims to achieve its objective by employing sampling techniques to select securities in the Reference Index, which may include but are not limited to factors such as market returns, sector and region exposures, bond and oil returns, size, value and growth variables. The use of the sampling approach will result in the fund holding a smaller number of securities than are in the underlying index. The fund will aim to rebalance its holdings whenever the index is rebalanced. This ETF is passively managed. An investment in this fund is an acquisition of units in a passively managed, index tracking fund rather than in the underlying assets owned by the fund.