Yes, that seems correct.
When the active power factor correction is behind a bridge, it cannot drive current back into the supply through the bridge, so it can only correct the power factor of its load.
A totem-pole, like would be found in the output of a grid-tie inverter, can drive current in both both directions. So in theory a grid-tie inverter can simulate capacitance, or anything else, within the limits of the power storage of its load.