Invesco RAFI All-World Fundamental Value UCITS ETF Dist

What this fund is

Invesco RAFI All-World Fundamental Value UCITS ETF Dist is an exchange-traded fund (ETF) from Invesco, traded under the ticker PSRW (ISIN IE00B23LNQ02). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread broadly across markets worldwide. Rather than a manager picking stocks, it simply replicates the RAFI Fundamental Global Index NTR index — the passive, low-cost approach, and its largest holdings include APPLE INC USD0.00001, ALPHABET INC-CL A USD0.001 and SAMSUNG ELECTRONICS CO LTD KRW100. Spread across roughly 1214 holdings (the ten largest ≈ 13.7%), no one position makes or breaks the fund.

By geography it is weighted towards ~49.9% United States, ~8.4% Japan and ~4.8% United Kingdom. By industry it concentrates most in ~19.7% Financials and ~17.8% Technology. Funds like this are commonly chosen by investors who want a regular cash income stream rather than reinvesting everything for growth. Its ongoing charge (TER) is 0.39% a year — about €39 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 0.31% (its trailing yield).

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 10.9% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2007. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Invesco.)