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Invesco Russell 1000 Multifactor Index ETF
IUMF (Invesco Russell 1000 Multifactor Index ETF) is a factor Commodities ETF by Invesco. With a 0.34% MER, it provides diversified exposure. Quarterly distribution with a 0.66% yield.
IUMF by Invesco is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.34% MER, its fees are in line with category averages.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.