MFEM – PIMCO RAFI Dyn Mlt-Fctr Emrg Mkts Eq ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of "factor portfolios," each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MFEM	PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	ETF	Open	—		Aug 31, 2017	—	0.490%	—	—	—
MFEM	PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	ETF	Open			Aug 31, 2017	$159.63M	0.490%	—	—	$12.70M

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