Description

This Invesco ETF aims to replicate the net total return performance of the FTSE RAFI All-World 3000 Index, after deducting its operational expenses. Dividends are distributed to unitholders every three months. The underlying Reference Index deviates from conventional market-capitalization weighting, instead assigning constituent weights based on core financial indicators of company size. Its components are chosen and weighted using four fundamental criteria: the average sales over the prior five years, the average cash flow from the preceding five years, the book value at the time of review, and the average total dividends paid out over the last half-decade. To meet its investment goal, the fund utilizes a sampling methodology to select securities from the Reference Index, considering aspects such as market performance, industry and geographical concentrations, as well as company size, valuation, and growth attributes. This sampling approach results in the fund holding a more focused collection of securities than the full underlying index. The portfolio's adjustments are scheduled to align with the rebalancing of the benchmark index. As a passively managed fund, an investment represents the acquisition of units in an index-tracking vehicle, rather than direct ownership of the specific assets held within its portfolio.