PSMB (Invesco Balanced Multi-Asset Allocation ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.


It was a busy week for ETF launches and closures. A total of 15 ETFs launched during the week shortened by the Juneteenth holiday, defying the typically slow launch count for weeks surrounding three-day weekends.

The past trading week has given investors a nice dose of volatility after seeing the markets rally despite inflation fears. However, those fears have to seem to be creeping back into the market with recent sell-offs, which can be mitigated with a multi-asset strategy.

Investors witnessed the power of a whipsawing market amid Russia's invasion of Ukraine as the major stock market indexes fluctuated up and down. To help smooth out the volatility, a multi-asset strategy can help with minimizing over-concentration in stocks.

As market volatility roils the equities and bond markets alike, getting alternative asset exposure is imperative, and exchange traded funds (ETFs) are ideal for accomplishing just that. Increasingly, institutional investors are using ETFs to obtain multi-asset exposure, according to an Institutional Investor survey.

2020 taught investors many lessons in the capital markets. One resounding theme: you can't have too much concentrated exposure.