The Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) was launched on 11/08/2017, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Small Cap Blend category of the market.
Launched on November 8, 2017, the Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Blend segment of the US equity market.
Making its debut on 11/08/2017, smart beta exchange traded fund Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) provides investors broad exposure to the Style Box - Small Cap Blend category of the market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 31,121 | $1.66M | $1.52M | -$143,469.67 | -8.64% |
| LW Landry Watson AVANTAX ADVISORY SERVICES Inc. | 13,372 | $504,992.94 | $660,041.92 | $155,048.98 | 30.7% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 10,925 | $415,067.73 | $539,258 | $124,190.27 | 29.92% |
| YA Yinka Akinsola Blue Trust Inc. | 22 | $1,173.48 | $1,072.06 | -$101.42 | -8.64% |
Joseph Castro Nuveen LLC | 23,884 | $1.27M | $1.16M | -$110,105.68 | -8.64% |
| BATS Exchange | US Country |
The fund is an investment vehicle that primarily focuses on companies within the Russell 2000 Index, which encompasses 2,000 small-capitalization U.S. companies. It dedicates at least 80% of its total assets to securities that are part of its underlying index. This underlying index is special because it employs a dynamic combination of factor investing strategies. Factor investing involves targeting specific drivers of returns across assets. The chosen strategies are those which have historically shown to outshine others over various stages of the economic cycle. This approach allows the fund to adapt and potentially capitalize on the ever-changing market environment.
At its core, the fund invests in securities that make up its underlying index, derived from the Russell 2000 Index. This selection provides investors with exposure to small-capitalization companies in the U.S. market, which may offer growth opportunities distinct from those presented by larger corporations.
The underlying index of the fund applies a series of factor investing strategies. These strategies are chosen for their historical performance, specifically their ability to outperform in various parts of the economic cycle. The exact factors and the combination thereof can evolve, aiming to maximize returns based on current and forecasted economic conditions.