PRFZ – Invesco RAFI US 1500 Small-Mid ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results (before fees and expenses) of the FTSE RAFI™ U.S. Mid Small 1500 Index. The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of approximately 1,500 common stocks and is designed to track the performance of small- and medium-sized U.S. companies based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends.

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
PRFZ	Invesco RAFI US 1500 Small-Mid ETF	ETF	Open	—		Sep 20, 2006	—	0.360%	—	—	—
PRFZ	Invesco RAFI US 1500 Small-Mid ETF	ETF	Open			Sep 20, 2006	$2.66B	0.360%	—	—	−$288.25M

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