Invesco has expanded its multi-factor range with the launch of an emerging markets ETF to "capture outperformance" throughout the cycle.
The Invesco Goldman Sachs Equity Factor Index Emerging Market UCITS ETF will offer investor exposure to five factors; value, momentum, quality, low beta and size,
Tracking the Goldman Sachs Equity Factor Emerging Markets Net Total Return index, the ETF is listed on the London Stock Exchange and has an ongoing charges figure (OCF) of 0.65%.
The index provides exposure to over 300 stocks across 30 emerging markets across the globe.
Chris Mellor (pictured), head of EMEA ETF equity product management at Invesco, commented: "The difficult part for investors has always been how to capture the outperformance potential of individual factors throughout the cycle.
"The strategy used in our ETF combines factors efficiently, taking into account the volatility and correlations between each factor."
"Until now, factor strategies have focused predominantly on developed markets. However, we are now seeing the quality of data on emerging market companies improving to the point where we can also capture these long-term drivers of outperformance in these markets."
Furthermore, Invesco has cut the OCF on Europe version by 10 basis points to 0.45% and the world version by 10 basis points to 0.55%.
In February, the firm announced plans to drop subsidiary brand names Perpetual and PowerShares as it unifies the business under one global brand.
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