Invesco International Developed Dynamic Multifactor ETF (IMFL)
Invesco International Developed Dynamic Multifactor ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $34.84, up 0.56% on the session, giving a market capitalisation of $1.07B. Its beta of 0.86 implies it has historically moved less than the broad market.
The Invesco International Developed Dynamic Multifactor ETF (IMFL) is structured to track the performance of the FTSE Developed ex US Invesco Dynamic Multifactor Index. The fund allocates a minimum of 80% of its total capital to the securities that constitute this benchmark. This underlying index incorporates a flexible combination of factor exposures, sourced from companies within the broader FTSE Developed ex US Index. These targeted characteristics encompass low volatility, positive momentum, strong quality, company scale, and attractive valuation. Invesco's proprietary Regime Model dictates the weighting given to each factor, adapting based on prevailing economic conditions and market dynamics. The index's returns are computed on a net basis, accounting for applicable taxes for non-resident investors. Both the ETF and its associated index undergo monthly adjustments, with rebalancing and reweighting occurring according to the Invesco Signal, after the close of the fourth business day of each month. For comprehensive information, please refer to the fund's prospectus. This content is provided purely for illustrative purposes and should not be interpreted as an endorsement of the suitability of any investment strategy. Factor investing, which involves selecting securities based on particular attributes that may influence returns, potentially carries the risk of underperforming market-capitalization-weighted benchmarks and could elevate overall portfolio risk.
Invesco International Developed Dynamic Multifactor ETF is most often compared with the following Financial Services names: