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Invesco RAFI US 1000 ETF (PRF)

AMEX Financial Services Asset Management
$53.85 ▲ +0.66%
Market Cap
$9.62B
Sector
Financial Services
Industry
Asset Management
Beta
0.86
52-Wk Range
41.71-54.65
CEO
Country
US
Currency
USD

The Invesco RAFI US 1000 ETF, referred to as the Fund, is designed to emulate the performance of the RAFI Fundamental Select US 1000 Index. It typically allocates at least 90% of its total assets to the common stocks composing this Index. The Index itself is crafted to track prominent U.S. equities, chosen according to four fundamental indicators of company size: book value, cash flow, sales, and dividends. The one thousand equities demonstrating the highest fundamental strength receive weighting based on their respective fundamental scores. Both the Fund and its underlying Index undergo an an…

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