PRF - PRF: Absolutely A Fund To Consider
2024-03-27 15:04:10 ET
Summary
- Invesco FTSE RAFI US 1000 ETF is a fundamentally weighted ETF that selects stocks based on book value, cash flow, sales, and dividends.
- The PRF ETF offers a unique investment portfolio that avoids concentration in mega-cap stocks and has a bias towards large-cap stocks with a value tilt.
- PRF has outperformed value-focused funds but has lagged behind market-cap-weighted ETFs, making it a potential consideration for investors.
Remember when markets traded off of fundamentals and not memes?
Yeah.
Me neither.
Which may exactly be why funds that have a fundamental focus could be precisely the place to allocate to in the years ahead. This is where the Invesco FTSE RAFI US 1000 ETF ( PRF ) comes in. PRF, the first fundamentally weighted ETF, was launched on December 19, 2005. It seeks to replicate the performance of the FTSE RAFI US 1000 Index, which comprises the 1000 largest U.S. equities. The fund adopts a unique approach by selecting stocks based on four fundamental measures: book value, cash flow, sales, and dividends, rather than market capitalization....
PRF: Absolutely A Fund To Consider