Fund Description |
The Invesco Russell 1000 Dynamic Multifactor ETF (the Fund ) is based on the Russell 1000 OFI Dynamic Multifactor Index (the Index ). The Fund will invest at least 80% of its total assets in the securities that comprise the Index. The Index is constructed using a rules-based approach that re-weights large-cap securities of the Russell 1000 Index according to economic cycles and market conditions, reflected by expansion, slowdown, contraction or recovery. The securities are assigned a multi-factor score from one of five investment styles: value, momentum, quality, low volatility and size. The Fund and Index are reconstituted and rebalanced based on economic indicator signal changes, as frequently as monthly. |
Fund Profile |
Fund Name |
Invesco Russell 1000 Dynamic Multifactor ETF |
Fund Exchange Ticker |
OMFL |
Fund Sponsor |
Invesco |
Fund ISIN |
US46138J6192 |
Net Expense Ratio |
0.29 % |
Fund Inception Date |
8 November 2017 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
BATS |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
US Equities - Factor & Thematic |
Asset Class |
Equities (Stocks) |
Index Linked |
Passive |
Index Name |
Russell 1000 Invesco Dynamic Multifactor Index |
Index Provider |
FTSE Russell |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Developed Market Funds |
Market Capitalization Range |
Large Cap |
Growth Value |
Core / Blend |
Continent |
North America |
Key Statistics |
Return As of Date |
9 August 2022 |
Asset Under Management |
1984.55 Million (USD) |
1 Month Total Return |
5.46 % |
Year To Date Return |
-13.66 % |
1 Year Total Return |
-9.16 % |
3 Year Annualized Total Return |
15.28 % |
NAV |
43.6549 |
Share Outstanding |
45,460,000 |