Invesco RAFI Global Small-Mid ETF - CAD (PZW.TO)

This ETF, PZW, primarily directs its capital into the equity markets of small and medium-sized enterprises located in developed nations globally. Its core holdings consist of units from two distinct exchange-traded funds (ETFs): the Invesco RAFI US 1500 Small-Mid ETF (PRFZ on Nasdaq) and the Invesco RAFI Developed Markets ex-US Small-Mid ETF (PDN on NYSE Arca), collectively referred to as the "Underlying ETFs." These Underlying ETFs aim to track indices that grant exposure to shares of small and mid-cap companies across developed markets. Rather than employing market capitalization for weighting, the indices followed by these Underlying ETFs select securities based on four fundamental indicators of a company's economic size: adjusted sales, adjusted cash flow, total dividends plus share repurchases, and…