Key stats
About INVESCO FTSE RAFI US INDEX ETF CAD UNITS
Expense ratio
0.45%
Home page
Inception date
Mar 25, 2015
ISIN
CA46141V1040
The fund is composed of large-cap stocks selected, weighted and ranked by fundamental value. The index calculates this fundamental value at company level, rather than at stock level, using four metrics: book value, cash flow, sales and dividends. While not a classic value fund, PXS breaks the link between the price of a stock and its weight in the portfolio, aiming to hold stocks in proportion to firm size, without overweighting the priciest stocks. With about 1,000 holdings and an alternative weighting, the fund dips into midcap territory. The index is rebalanced and reconstituted on an annual basis.
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region