Invesco FTSE RAFI Global Small-Mid ETF

The fund-of-funds' active strategy aims to equally invest in securities of two Invesco ETFs, mainly Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) and Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN). Approximately, 50% of the funds value will be allocated towards each ETF and its securities. Only small- and mid-cap developed market companies are eligible for inclusion. For selection and weighting, fundamental factors such as dividends, cash flow, sales and book value of assets are used to derive a constituents eligibility and weight within their designated allocations. A composite fundamental value is given to each eligible company by taking the average weighting of each fundamental measure and adding them together. Components are then ranked based on their composite fundamental value. Rebalancing and reconstitution is done annually.