Invesco FTSE RAFI Global+ Index ETF (PXG.TO) is an exchange-traded fund managed by Invesco Canada Ltd. that seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the FTSE RAFI All World 3000 Index. The fund invests in a diversified portfolio of global equities selected based on fundamental measures including book value, cash flow, sales, and dividends from companies across developed and emerging markets worldwide; it provides exposure to large- and mid-cap stocks in sectors such as financials, industrials, consumer discretionary, and energy, emphasizing value-oriented securities rather than market capitalization weighting. PXG.TO offers investors a core global equity holding with a focus on long-term capital growth and income through quarterly distributions, targeting yield-oriented portfolios with international diversification excluding no single-country bias beyond index composition.
Launched around 2015 and listed on the Toronto Stock Exchange, the ETF operates primarily in Canada with assets available to North American investors through major brokerage platforms. Headquartered in Toronto through Invesco Canada Ltd., a subsidiary of global asset manager Invesco Ltd. (NYSE: IVZ), the fund benefits from Invesco's extensive index-tracking expertise spanning ETFs, mutual funds, and alternative investments.
In recent developments, Invesco Canada announced changes to its Canadian ETF and mutual fund lineup in August 2025, including terminations and mergers of select products to streamline offerings, though PXG.TO remains active without reported discontinuation. On the parent company level, Invesco Ltd. expanded private markets access in October 2025 via a partnership with Barings, launching the Invesco Dynamic Credit Opportunity Fund targeting U.S. wealth clients with private credit strategies backed by a $650 million commitment from MassMutual; additionally, in December 2025, Invesco forged a strategic alliance with LGT Capital Partners to develop multi-alternative private markets solutions for U.S. wealth and retirement channels. These initiatives reflect Invesco's broader strategic shift toward curated partnerships enhancing income and growth solutions amid evolving market demands, complementing core index ETF products like PXG.TO.