Innovative product celebrates one year of revolutionizing the industry
TORONTO, Dec. 6 /CNW/ - Invesco Trimark announces that PowerShares® Funds recently marked their first year of providing all Canadian financial advisors with unprecedented access to the world of exchange-traded funds (ETFs).
One year ago, many advisors couldn't have imagined putting ETF-related mutual funds into their clients' portfolios. The launch of PowerShares® Funds democratized ETFs by packaging U.S.-listed PowerShares ETFs and index-based solutions within a mutual fund structure. For the first time ever in Canada, all financial advisors and their clients were able to take advantage of the significant benefits of ETFs, including:
- Potential for higher risk-adjusted returns
- Targeted access to niche markets and specialized sectors
- Greater tax efficiency1 in a lower-cost solution
"PowerShares Funds allow advisors to build better client portfolios," says Jamie Kingston, Senior Vice President of Product Management and Development at Invesco Trimark. "The response to our innovative product has been strong. We're proud to have pioneered the right product to help meet the evolving needs of advisors and their clients."
Part of the Invesco family, Invesco PowerShares is the world's fourth-largest ETF provider.2 Canadian investors alone have more than $1.4 billion invested in PowerShares® Funds and PowerShares ETFs (Source: Invesco as at September 30, 2010).
As a strong complement to actively managed investment solutions, PowerShares® Funds offer investors access to core fixed-income and equity mandates, as well as to global regions and niche sectors that may be difficult or cost prohibitive for the typical investor to access.
For more information on our full suite of 20 PowerShares® Funds, please visit powersharesrevolution.ca.
1 PowerShares Funds offered in a mutual fund corporation provide certain tax-efficient features. Also, U.S.-listed ETFs are less likely than Canadian-listed ETFs to distribute capital gains, making them more tax-efficient. Many PowerShares® Funds hold U.S.-listed ETFs.
2 In terms of AUM. Source: Global ETF Research and Implementation Strategy Team, Blackrock, Bloomberg, July 2010.
Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus before investing. Copies are available from your advisor or from Invesco Trimark Ltd.
This piece was not produced by Invesco PowerShares Capital Management LLC. PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC. Invesco PowerShares Capital Management LLC is an indirect, wholly owned subsidiary of Invesco Ltd.
Shares/units of the PowerShares® Funds and shares of the underlying PowerShares ETFs are not in any way sponsored, endorsed, sold or promoted by any of the Funds' or PowerShares ETFs' underlying Index providers or their affiliates, and these companies make no representation or warranty, express or implied, as to the results to be obtained from the use of the Index. None of these companies are affiliated with Invesco Trimark Ltd., Invesco PowerShares Capital Management LLC or Invesco Advisers, Inc., nor any of their affiliates. Products are not sponsored, endorsed, sold or promoted by any of the Index providers, and the Index providers make no representation regarding the advisability of investing in these Funds. PowerShares ETFs are listed for trading on stock exchanges in the United States and other jurisdictions outside of Canada. No prospectus has been filed to qualify securities of such issuers for public offering or distribution in Canada. Any reference to PowerShares ETFs is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy securities of such issuers.
Invesco Trimark Ltd. is one of Canada's largest investment management companies. A subsidiary of Invesco Ltd., Invesco Trimark offers a diversified suite of investment solutions to institutions, organizations, companies and individual investors across Canada and around the world. Invesco is a leading independent global investment manager, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high-net-worth clients around the world. Operating in 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Invesco and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. PowerShares and all associated trademarks are trademarks of Invesco PowerShares Capital Management LLC, used under licence. Trimark and all associated trademarks are trademarks of Invesco Trimark Ltd.
For further information:
Stephen Lee AVP, Communications Tel: 416.324.7668 [email protected] |
Aysha Mawani Vice President, Corporate Affairs Tel: 647.338.2947 [email protected] |
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