Description

The Invesco RAFI Canadian Index ETF (PXC) primarily allocates its capital to equity holdings of Canadian businesses, aiming to track the performance of the RAFI Fundamental Select Canada 100 Index. This index determines company weighting by assessing four core fundamental metrics of corporate scale: adjusted sales figures, adjusted cash flow, the sum of dividends and share repurchases, and the combined value of book value and intangible assets.