Invesco Growth Multi-Asset Allocation ETF (PSMG)
Invesco Growth Multi-Asset Allocation ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $16.62, up 0.06% on the session, giving a market capitalisation of $19.9M. Its beta of 1.14 implies it has historically moved more than the broad market.
This fund pursues its investment objectives using a growth-oriented approach that emphasizes maximizing diversification. It predominantly invests in Equity Exchange Traded Funds (ETFs), complemented by a lesser allocation to Fixed Income ETFs. Specifically, the fund intends to allocate roughly 65% to 95% of its total assets to Equity ETFs and approximately 5% to 35% to Fixed Income ETFs.
Invesco Growth Multi-Asset Allocation ETF is most often compared with the following Financial Services names: