Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM)
Invesco Moderately Conservative 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 $13.69, up 0.03% on the session, giving a market capitalisation of $16.0M. Its beta of 0.79 implies it has historically moved less than the broad market.
The fund aims to fulfill its investment objectives by adopting a carefully balanced, moderately conservative investment strategy that prioritizes robust diversification. This is accomplished by distributing its capital among various underlying exchange-traded funds (ETFs), which focus their holdings primarily on either equity securities or fixed-income instruments. Specifically, the fund's asset allocation target is to invest approximately 25% to 55% of its total assets in equity-focused ETFs, with the remaining 45% to 75% dedicated to fixed-income-focused ETFs.
Invesco Moderately Conservative Multi-Asset Allocation ETF is most often compared with the following Financial Services names: