Invesco RAFI Developed Markets ex-U.S. ETF offers diversified exposure to developed markets with a fundamental weighting methodology. PXF has solid value characteristics and moderate company risk but significant exposure in Japan and financials. PXF has outperformed the benchmark SCHF and several key competitors in total return, but SCHF leads on risk-adjusted performance since 2010 and has a much lower expense ratio (0.03%).
Designed to provide broad exposure to the Foreign Large Value ETF category of the market, the Invesco RAFI Developed Markets ex-U.S. ETF (PXF) is a smart beta exchange traded fund launched on 06/25/2007.
Income investors who own Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) get something unusual: an international dividend stream weighted by company fundamentals rather than market capitalization.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 35,120 | $1.88M | $2.67M | $788,919.27 | 41.98% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 574 | $32,475.07 | $43,434.58 | $10,959.51 | 33.75% |
| PP Philip Perry FLAGSTAR ADVISORS Inc. | 23,996 | $1.22M | $1.82M | $603,598.99 | 49.42% |
| YA Yinka Akinsola Blue Trust Inc. | 791 | $46,496.87 | $59,767.96 | $13,271.09 | 28.54% |
Jeff Ameen Spire Wealth Management | 2,480 | $143,899.2 | $188,604 | $44,704.8 | 31.07% |
| ARCA Exchange | US Country |
The described company is focused on investment strategies that predominantly involve assets from developed markets outside of the United States. It operates by committing at least 90% of its total assets in securities that are included in a specific underlying index. The targeted securities comprise not only direct shares but also American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that are aligned with the companies within the said index. The selection criterion for these securities is based on a country classification defined by FTSE, ensuring that all investments are in entities from regions considered as "developed", hence excluding the U.S. This approach signifies a diversified investment strategy aiming to capture growth across established international markets.
The company offers a spectrum of investment vehicles designed to provide investors with exposure to developed market equities outside of the United States, focusing on the following:
This service involves the direct investment in securities that form part of the underlying index. These securities may include, but are not limited to, stocks of companies that are deemed to represent the economic sectors of developed countries, excluding the U.S. Through this offering, investors gain exposure to a broad range of companies and industries, aiming for growth or diversification in their investment portfolios.
ADRs are a type of investment that offers the company's clients an opportunity to invest in foreign companies' stocks while the transactions are conducted in U.S. dollars. ADRs simplify investing in non-U.S. companies and provide a more accessible way for investors to diversify their investment portfolio internationally. This service signifies the company's commitment to providing flexible investment options in overseas markets.
Similar to ADRs, GDRs enable investors to hold shares in foreign companies across the globe. These receipts are available in international markets and can be offered across multiple countries, offering a high level of flexibility for investors looking to diversify globally. GDRs represent a key instrument for clients of the company to access a wider range of investment opportunities in developed markets outside the United States.