FMP
Invesco Low Volatility Portfolio ETF
PLV.TO
TSX
The fund is a fund-of-funds that provides exposure to low-volatility securities or those that have low standard deviation of returns compared to their respective broader markets. Investing primarily in Invescos low-volatility ETFs, the fund has a static fixed income allocation of 30% to Invesco 1-5 Year Laddered Investment Grade Corporate Bond Index ETF (PSB). The portfolio securities are selected using a quantitative portfolio construction model that starts with an allocation of 30% to Canadian fixed income and 70% to global low-volatility equity. Specifically, 20% Canadian equities and 50% global equities. The model limits the funds exposure to emerging market and small/mid-cap US equities to 7% each. On a monthly basis, the fund may rebalance its equity portion and may deviate from its target allocations.
22.84 CAD
0.08 (0.35%)
EBIT (Operating profit)(Operating income)(Operating earning) = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) EBIT = (1*) (2*) -> operating process (leverage -> interest -> EBT -> tax -> net Income) EBITDA = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) + Depreciation + amortization EBITA = (1*) (2*) (3*) (4*) company's CURRENT operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow) -> performance of a company (1*) discounting the effects of interest payments from different forms of financing (by ignoring interest payments), (2*) political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill) (3*) collections of assets (by ignoring depreciation of assets) (4*) different takeover histories (by ignoring amortization often stemming from goodwill)
