Invesco PowerShares unveils S&P 500 multi-factor ETF

Employing quality, value and momentum factors

Invesco PowerShares has launched a multi-factor US equity ETF, the PowerShares S&P 500 QVM, which will seek to offer exposure to quality, value and momentum factors.

The ETF will target risk-adjusted returns by selecting the top 100 companies from the S&P 500 index which are assigned scores based on the three factors: value, quality and momentum. Seeking to replicate the S&P 500 Quality, Value & Momentum Multi-factor index, the ETF will attempt to provide a solution to getting value out of the US stockmarket and timing investments in single factors. Invesco PowerShares expands distribution team with two senior hires The ETF has been listed on the London Stock Exchange, and is also set to become available through the Irish Stock Exchange, Eurone...