Invesco Canada announces fund name changes

Also announces risk classification changes

TORONTO, July 27, 2018 /CNW/ - Invesco Canada today announced name changes to its lineup of mutual funds and institutional pooled funds. The investment objectives, strategies, and portfolio management teams remain the same for all but five funds, as detailed below.

The changes, which are effective at the close of business today, are outlined in the following tables:

Previous name	New name
Invesco Canadian Balanced Fund	Invesco Canadian Premier Balanced Fund
Invesco Advantage Bond Fund	Invesco Active Multi-Sector Credit Fund
Trimark Diversified Yield Class	Invesco Diversified Yield Class
Trimark Global Balanced Fund/Class	Invesco Global Balanced Fund/Class
Trimark Global Diversified Income Fund	Invesco Global Diversified Income Fund
Trimark Income Growth Fund	Invesco Income Growth Fund
Trimark Select Balanced Fund	Invesco Select Balanced Fund
Trimark Canadian Fund/Class	Invesco Canadian Fund/Class
Trimark Canadian Endeavour Fund	Invesco Canadian Endeavour Fund
Trimark Canadian Opportunity Fund/Class	Invesco Canadian Opportunity Fund/Class
Trimark Canadian Plus Dividend Class	Invesco Canadian Plus Dividend Class
Trimark Canadian Small Companies Fund	Invesco Canadian Small Companies Fund
Trimark Fund	Invesco Global Companies Fund
Trimark Global Dividend Class	Invesco Global Dividend Class
Trimark Global Endeavour Fund/Class	Invesco Global Endeavour Fund/Class
Trimark Global Small Companies Class	Invesco Global Small Companies Class
Trimark Global Fundamental Equity Fund/Class	Invesco Global Diversified Companies Fund/Class
Trimark Emerging Markets Class	Invesco Emerging Markets Class
Trimark Europlus Fund	Invesco Europlus Fund
Trimark International Companies Fund/Class	Invesco International Companies Fund/Class
Invesco Short-Term Bond Fund	Invesco Canadian Short-Term Bond Fund
Trimark Interest Fund	Invesco Canadian Interest Fund
Trimark U.S. Money Market Fund	Invesco U.S. Money Market Fund
Trimark Energy Class	Invesco Energy Class
Trimark Resources Fund	Invesco Resources Fund
Trimark U.S. Companies Fund/Class	Invesco U.S. Companies Fund/Class
Trimark U.S. Small Companies Class	Invesco U.S. Small Companies Class

PowerShares^® Funds name changes:

Previous name	New name
PowerShares 1-5 Year Laddered Corporate Bond Index Fund	Invesco 1-5 Year Laddered Corporate Bond Index ETF Fund
PowerShares Real Return Bond Index Fund	Invesco Canadian Real Return Bond Index Fund
PowerShares High Yield Corporate Bond Index Fund	Invesco U.S. High Yield Bond Index Fund
PowerShares Tactical Bond Fund	Invesco Tactical Bond ETF Fund
PowerShares Canadian Dividend Index Class	Invesco Canadian Dividend Index ETF Class
PowerShares Canadian Preferred Share Index Class	Invesco Canadian Preferred Share Index ETF Class
PowerShares Global Dividend Achievers Fund	Invesco Global Dividend Achievers ETF Fund
PowerShares FTSE RAFI^® Canadian Fundamental Index Class	Invesco FTSE RAFI Canadian Index ETF Class
PowerShares FTSE RAFI^® Emerging Markets Fundamental Class	Invesco FTSE RAFI Emerging Markets ETF Class
PowerShares FTSE RAFI^® Global+ Fundamental Fund	Invesco FTSE RAFI Global+ ETF Fund
PowerShares FTSE RAFI^® U.S. Fundamental Fund	Invesco FTSE RAFI U.S. ETF Fund
PowerShares Canadian Low Volatility Index Class	Invesco S&P/TSX Composite Low Volatility Index ETF Class
PowerShares U.S. Low Volatility Index Fund	Invesco S&P 500 Low Volatility Index ETF Fund

Institutional pool name changes

Previous name	New name
Invesco Select Global Equity Pool	Invesco Global Select Pool
Invesco Select Global Equity ex-Tobacco Pool	Invesco Global Select ex-Tobacco Pool
Invesco Select Global Small Companies Equity Pool	Invesco Global Small Companies Pool
Invesco Select Emerging Markets Equity Pool	Invesco Emerging Markets Select Pool

Risk rating changes

Invesco also announced changes to the risk rating for the following funds or series, effective today:

Fund	Current risk classification	Revised risk classification
Invesco Intactive Maximum Growth Portfolio	Medium	Low to Medium
Invesco Intactive Maximum Growth Portfolio Class	Medium	Low to Medium
Invesco Active Multi-Sector Credit Fund	Low to Medium	Low
Invesco FTSE RAFI Global+ ETF Fund	Medium	Medium to High
Invesco FTSE RAFI U.S. ETF Fund	Medium	Medium to High
Invesco Global Small Companies Class	Medium to High	Medium
Invesco U.S. Small Companies Class	Medium to High	Medium
Invesco U.S. Companies Class – Series H	Medium	Medium to High

The risk rating changes were made in accordance with the risk classification methodology introduced by the Canadian Securities Administrators to determine the risk level of mutual funds. There are no changes to the investment objectives, strategies or management of the funds other than the changes noted below.

Previously announced objective changes
On July 17, 2018, securityholders approved changes to the investment objectives of the following Funds:

• Invesco Active Multi-Sector Credit Fund (formerly known as Invesco Advantage Bond Fund)
• Invesco 1-5 Year Laddered Corporate Bond Index ETF Fund (formerly known as PowerShares 1-5 Year Laddered Corporate Bond Index Fund)
• Invesco Canadian Dividend Index ETF Class (formerly known as PowerShares Canadian Dividend Index Class)
• Invesco Canadian Preferred Share Index ETF Class (formerly known as PowerShares Canadian Preferred Share Index Class)
• Invesco FTSE RAFI Canadian Index ETF Class (formerly known as PowerShares FTSE RAFI^® Canadian Fundamental Index Class)

Changes to the investment objectives of Invesco Active Multi-Sector Credit Fund were made to allow for a global multi-sector approach. This will permit the Fund to better leverage the Invesco Fixed Income^† team's global depth and sector expertise.

Changes to the investment objectives of the other funds are expected to increase trading efficiency, as the portfolio management team can invest in the Invesco ETF that tracks each Fund's respective index, rather than buying and selling the underlying securities that make up each index.

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 is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; invesco.com.

Commissions, management fees and expenses may all be associated with investments in mutual funds and exchange-traded funds (ETFs). Trailing commissions may be associated with investments in mutual funds. For mutual funds the indicated rates of return are the historical annual compounded total returns, including changes in share/unit value and reinvestment of all distributions, and do not take into account sales, redemption, distribution or optional charges, or income taxes payable by any investor, which would have reduced returns. For ETFs unless otherwise indicated, rates of return for periods greater than one year are historical annual compound total returns including changes in unit value and reinvestment of all distributions, and do not take into account any brokerage commissions or income taxes payable by any unitholder that would have reduced returns. Money market funds are not covered by the Canada Deposit Insurance Corporation (CDIC) or by any other government deposit insurer. There can be no assurances that the money market funds will be able to maintain their net asset value per security at a constant amount or that the full amount of your investment in the funds will be returned to you. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs and mutual funds. Please read the prospectus before investing. Copies are available from Invesco Canada Ltd. at invesco.ca.

† Invesco Fixed Income (IFI) is a unit comprising Invesco Senior Secured Management, Inc. of New York, U.S, Invesco Advisers, Inc. of Atlanta, U.S.; Invesco Asset Management Ltd. of London, U.K.; and Invesco Canada Ltd. of Toronto, Canada.

* 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. Trimark^® and all associated trademarks are trademarks of Invesco Canada Ltd.

© Invesco Canada Ltd., 2018

SOURCE Invesco Canada Ltd.

Aysha Mawani, Vice President, Corporate Affairs, Tel: [phone], [email protected]

Related Links

www.invesco.ca