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PXJ

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Analysis and statistics

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About

PXJ.US refers to the Invesco FTSE RAFI Asia Pacific ex-Japan ETF. This ETF aims to track the investment results of the FTSE RAFI Asia Pacific ex Japan Index, which is composed of publicly traded large- and mid-capitalization companies in the Asia Pacific region, excluding Japan, that are selected based on fundamental measures such as book value, cash flow, sales, and dividends. It offers exposure to a diversified portfolio of companies within the Asia Pacific region, excluding Japan, based on a fundamentally weighted approach.
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Factors

Geopolitical Risks: Concerns about political stability and conflicts in the Asia-Pacific region, which can disrupt business operations and investor confidence.

Economic Growth: Slower or faster economic expansion in key Asian markets, influencing corporate earnings and overall market sentiment.

Currency Fluctuations: Changes in the value of Asian currencies relative to the US dollar, impacting the reported returns for US-based investors.

Interest Rate Changes: Adjustments to interest rates by central banks in Asian countries, affecting borrowing costs and investment valuations.

Company Performance: The financial health and earnings reports of the individual companies held within the ETF portfolio.

Investor Sentiment: General attitudes towards Asian equities, driven by global economic conditions and risk appetite.

Trade Policies: Shifts in international trade agreements and tariffs affecting the competitiveness of Asian exports.

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