TORONTO, Feb. 14, 2019 /CNW/ - Invesco today announced changes to the risk ratings applicable to certain of its Canadian-listed exchange-traded funds (ETFs). The changes in risk ratings are effective immediately and detailed in the following table:
ETF name and series |
Ticker symbol |
Previous risk rating |
New risk rating |
|
Invesco S&P Global ex. Canada High Dividend Low Volatility Index ETF – CAD Hedged Units |
GHD.F |
Medium |
Low to Medium |
|
Invesco S&P 500 Low Volatility Index ETF – USD Units |
ULV.U |
Medium |
Low to Medium |
|
Invesco S&P 500 Low Volatility Index ETF – CAD Hedged Units |
ULV.F |
Medium |
Low to Medium |
|
Invesco FTSE RAFI Canadian Small-Mid Index ETF – CAD Units |
PZC |
Medium to High |
Medium |
|
Invesco FTSE RAFI U.S. Index ETF II – USD Units |
PXS.U |
Medium to High |
Medium |
|
Invesco FTSE RAFI U.S. Index ETF – CAD Hedged Units |
PXU.F |
Medium to High |
Medium |
|
Invesco QQQ Index ETF – CAD Hedged Units |
QQC.F |
Medium to High |
Medium |
|
Invesco FTSE RAFI Global Small-Mid ETF – CAD Hedged Units |
PZW.F |
Medium to High |
Medium |
|
Invesco S&P 500 Equal Weight Index ETF – CAD Hedged Units |
EQL.F |
Medium to High |
Medium |
|
Invesco S&P 500 Equal Weight Index ETF – USD Units |
EQL.U |
Medium to High |
Medium |
|
Invesco S&P Europe 350 Equal Weight Index ETF – CAD Units |
EQE |
Medium to High |
Medium |
|
Invesco S&P Europe 350 Equal Weight |
EQE.F |
Medium to High |
Medium |
|
The risk rating changes were made in accordance with the risk classification methodology set by the Canadian Securities Administrators to determine the risk level of funds. No changes have been made to the investment objectives or strategies of these ETFs. A summary of the risk rating classification methodology, investment objectives and strategies of an ETF can be found in the ETF's most recently filed prospectus.
For more information, please visit invesco.ca. You can also connect with Invesco on Twitter (@InvescoCanada), LinkedIn, Facebook, or through the Invesco Canada blog.
About Invesco Ltd.
Invesco Ltd. is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; invesco.com.
On July 27, 2018, the PowerShares ETFs were renamed to Invesco ETFs. For more information, please visit invesco.ca/namechanges.
Commissions, management fees and expenses may all be associated with investments in exchange-traded funds (ETFs). ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus before investing. Copies are available from Invesco Canada Ltd. at invesco.ca.
There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Ordinary brokerage commissions apply to purchases and sales of ETF units.
Some ETFs seek to replicate, before fees and expenses, the performance of the applicable index, and are not actively managed. This means that the sub-advisor will not attempt to take defensive positions in declining markets and the ETF will continue to provide exposure to each of the securities in the index regardless of whether the financial condition of one or more issuers of securities in the index deteriorates. In contrast, if an ETF is actively managed, then the sub-advisor has discretion to adjust that ETF's holdings in accordance with the ETF's investment objectives and strategies.
FTSE® is a trademark owned by the London Stock Exchange Group companies and is used by FTSE International Limited ("FTSE") under licence. The FTSE RAFI® Index Series is calculated by FTSE in conjunction with Research Affiliates LLC ("RA"). Neither FTSE nor RA sponsor, endorse or promote this product and are not in any way connected to it and do not accept any liability in relation to its issue, operation and trading. Any intellectual property rights in the Index values and constituent list vest in FTSE.
Investors should be aware of the risks associated with data sources and quantitative processes used in our investment management process. Errors may exist in data acquired from third party vendors, the construction of model portfolios, and in coding related to the Index and portfolio construction process. While Research Affiliates takes steps to identify data and process errors so as to minimize the potential impact of such errors on Index and portfolio performance, we cannot guarantee that such errors will not occur.
"Fundamental Index®" and/or "Research Affiliates Fundamental Index®" and/or "RAFI®" and/or all other RA trademarks, trade names, patented and patent-pending concepts are the exclusive property of Research Affiliates, LLC.
The S&P Europe 350 Equal Weight Index (the "Index") is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ("SPDJI"), and has been licensed for use by Invesco Canada Ltd. Standard & Poor's®, S&P®, and S&P Europe 350® are registered trademarks of Standard & Poor's Financial Services LLC, a division of S&P Global ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and has been licensed for use by SPDJI. This Invesco ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index.
S&P®, Standard & Poor's® and S&P 500 Equal Weight® are registered trademarks of Standard & Poor's Financial Services LLC and have been licensed for use by S&P Dow Jones Indices LLC. The S&P Equal Weight Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by Invesco Canada Ltd. This Invesco ETF is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, and S&P Dow Jones Indices LLC makes no representation regarding the advisability of investing in such a product.
Nasdaq®, OMX®, and Nasdaq OMX® are registered trademarks of The Nasdaq OMX Group, Inc. ("Nasdaq OMX") and LadderRite® is a registered trademark of LadderRite Portfolios LLC ("LadderRite"). Nasdaq®, OMX®, Nasdaq OMX® and LadderRite® are collectively the "Marks". The Marks are used under licence to Invesco Capital Management LLC and Invesco Canada Ltd. The product(s) have not been passed on by Nasdaq OMX or LadderRite as to their legality or suitability. The product(s) are not issued, endorsed, sold, or promoted by Nasdaq OMX or LadderRite, and NASDAQ OMX AND LADDERRITE MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
Invesco is a registered business name of Invesco Canada Ltd
Invesco® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. PowerShares® and all associated trademarks are trademarks of Invesco Capital Management LLC, used under licence.
© Invesco Canada Ltd., 2019
SOURCE Invesco Canada Ltd.
Aysha Mawani, Vice President, Corporate Affairs, Tel: 416.324.7712, [email protected]
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