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Powershares FTSE RAFI US 1000 Portfolio ETF (PRF) |
QUOTE AND NEWS
Wall Street Sector Selector
Jan 19
Comment
ETFs still seem like a new “wild west” area of the markets, although many fundamentally or enhanced index weighted ETFs have been around for five years or more. Because many of these have(...)Read the rest of ETF Investing With a Value Tilt...
Canadian Financial DIY
Jan 17
Comment
The RAFI US 1000 Portfolio ETF (Symbol: PRF) has outperformed its cap-weight rivals the S&P 500 and the Russell 1000 by a huge margin over the past five years since its inception according to a press release by PRF's manager Powershares. That's...
Random Roger's Big Picture
Jan 12
Comment
The other day IndexUniverse noted that the PowerShares FTSE RAFI US 1000 Portfolio (PRF) celebrated its fifth anniversary. The article also noted that the fund had doubled the return of the S&P 500 since its inception returning 23.1% versus 11.99%...
Wall Street Sector Selector
Sep 27
Comment
The meteoric rise of the ETF industry–and to a smaller extent the introduction of index mutual funds some 20 years earlier–has had the effect of transforming indexes from hypothetical(...)Read the rest of Six Reasons To Consider Dumping The...
Wall Street Sector Selector
Jul 7
Comment
“Disappointed with the significant flaws he (correctly) sees in major indexes, Roger Arnott has developed an alternative. His PowerShares FTSE RAFI US 1000 (NYSE:PRF) index ETF, based on(...)Read the rest of This ETF May Be Worth Looking At...
AlphaClone
Jun 28
Comment
Great
article entitled"
Rob Arnott's Magic Indexing Formula
" by
Shawn Tully at Fortune magazine recently. The article describes
Arnott's investment research approach and how his FTSE RAFI US1000
index, which is offered by Charles Schwab as...
Index Universe
Apr 30
Comment
Well done, Jim: Rob Arnott invites you to his board meeting, and you call him out for under-performance.
(See Jim's blog about the Research Affiliates board meeting here.)
Remind me not to invite you over to dinner anytime soon....
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WIKI ANALYSIS
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This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund. |
TOP CONTRIBUTORS
Powershares FTSE RAFI US 1000 Portfolio ETF (PRF)
Overview
The PowerShares FTSE RAFI US 1000 Portfolio Fund is based on the FTSE RAFI US 1000 Index. The Index is designed to track the performance of the largest U.S. equities, selected based on the following four fundamental measures of firm size: book value, income, sales and dividends. The 1000 equities with the highest fundamental strength are weighted by their fundamental scores. The fundamentally weighted portfolio is rebalanced and reconstituted annually. [1]
Fund Information
- Fund Manager - Invesco PowerShares
- Inception Date - 12/19/2005
- Exchange – NYSE Arca
- Index Ticker – PRF
- Intra-day NAV Ticker – PRF.IV
- Expense Ratio - 0.39%
Top Holdings
| Holding | Percentage |
| Bank of America Corp. | 3.86% |
| Citigroup Inc. | 3.47% |
| Exxon Mobil Corp. | 2.75% |
| Ford Motor Co. | 2.30% |
| General Electric Co. | 2.27% |
| Chevron Corp. | 1.64% |
| AT&T Inc. | 1.62% |
| JPMorgan Chase & Co. | 1.50% |
| Wal-Mart Stores Inc. | 1.38% |
| Microsoft Corp. | 1.34% |
Holdings as of 17/11/2009
Competition
Since the introduction of fundamental indexing, other ETF issuers have followed with their own variations on the theme.
- WisdomTree has several ETF products weighting holdings by earnings or by dividends (WisdomTree Total Earnings Fund (EXT), WisdomTree Earnings 500 Fund (EPS), WisdomTree Total Fund (DTD))
- ProShares has a long-short fund based on the RAFI methdology (ProShares RAFI Long/Short (RALS)).
References
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