PXF 📈 Invesco FTSE RAFI - Overview

The Invesco FTSE RAFI Developed Markets ex-U.S. ETF, listed on the NYSE ARCA under the ticker PXF, is designed to track the performance of the FTSE RAFI Developed Markets ex-U.S. Index. This index is composed of companies from developed countries, as defined by FTSE, excluding those based in the United States. The fund's investment strategy involves allocating at least 90% of its total assets to securities that are part of the underlying index, which includes a diverse range of companies across various sectors and industries in developed markets outside of the U.S.

One of the key features of this ETF is its ability to provide investors with exposure to a broad range of developed markets ex-U.S. through a single investment vehicle. The fund achieves this by investing in a portfolio of securities that replicate the performance of the underlying index, which is comprised of companies from countries such as the United Kingdom, Japan, Canada, and Australia, among others. Additionally, the fund may also invest in American depositary receipts (ADRs) and global depositary receipts (GDRs) that represent securities in the underlying index, providing further diversification and access to international markets.

From a structural perspective, the Invesco FTSE RAFI Developed Markets ex-U.S. ETF is a U.S.-domiciled investment vehicle, with the ISIN code US46138E7435. It is classified as an exchange-traded fund (ETF) and falls under the foreign large value category. The fund is managed by Invesco, a well-established global investment management company with a significant presence in the U.S. and international markets. Investors can find more information about the fund and its investment strategy on the Invesco website at http://www.invesco.com/us.