Invesco introduces nine new PowerShares(R) Funds for Canadian investors
"As one of the world's largest independent money managers, Invesco is well-positioned to provide the right solutions to meet the needs of investors," says Peter Intraligi, President of Invesco Trimark, a subsidiary of Invesco. "PowerShares Funds allow financial advisors - particularly those without direct access to the ETF market - to help their clients build stronger, more effectively diversified portfolios."
Representing a strong complement to actively managed investment solutions, PowerShares(R) Funds are based on next-generation indices that provide investors with access to core fixed-income and equity mandates as well as to global regions and niche sectors that may be difficult or cost prohibitive to access through traditional mutual funds. PowerShares(R) Funds also offer enhanced portfolio risk management, U.S.-dollar currency hedging and competitive total costs.
The following additional nine funds are now available: - PowerShares 1-5 Year Laddered Corporate Bond Index Fund Invests in short-term investment-grade bonds issued by Canadian companies using a laddered approach that staggers the maturity levels from one to five years. - PowerShares Real Return Bond Index Fund Invests primarily in Government of Canada Real Return Bonds, offering a hedge against inflation and adding diversification to a fixed-income portfolio over the long term. - PowerShares High Yield Corporate Bond Index Fund Invests primarily in a diverse group of high-yield bonds issued in the U.S. domestic market. The Fund hedges a substantial portion of its U.S.- dollar exposure at all times. - PowerShares Diversified Yield Fund Invests in a diversified portfolio of PowerShares(R) Funds that invest in corporate bonds and high-yielding Canadian equity securities. The Fund also offers investors the option of receiving targeted annual distributions with Invesco Trimark's tax-efficient flexible distribution (T-FLEX) series T6 and T8. - PowerShares Canadian Preferred Share Index Class Invests in preferred shares of Canadian companies, providing investors with both tax-efficient dividend income and modest growth potential. - PowerShares Global Dividend Achievers Fund Seeks to provide a return similar to the return of one or more PowerShares ETFs that invest primarily in dividend-paying equities from developed markets globally that have increased their dividends for five or more consecutive fiscal years. - PowerShares FTSE RAFI(R) U.S. Fundamental Fund Seeks to provide a return similar to the return of one or more PowerShares ETFs that invest in the largest U.S. equities with the highest fundamental weightings. - PowerShares FTSE RAFI(R) Global+ Fundamental Fund Seeks to provide a return similar to the return of one or more PowerShares ETFs that invest in companies with the highest fundamental weightings across both developed and emerging markets globally. - PowerShares India Class Seeks to provide a return similar to the return of one or more PowerShares ETFs that invest primarily in India.
For more information and a list of all available PowerShares(R) Funds, please visit powersharesrevolution.ca.
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.
Shares of the Funds and 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
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"BofA Merrill Lynch" and "The BofA Merrill Lynch US High Yield 100 Index" are reprinted with permission. (C) Copyright 2010 Merrill Lynch, Pierce, Fenner & Smith Incorporated ("BofAML"). All rights reserved. "BofAML" and "The BofA Merrill Lynch US High Yield 100 Index" are service marks of BofAML and/or its affiliates and have been licensed for use for certain purposes by Invesco Trimark Ltd. on behalf of PowerShares High Yield Corporate Bond Index Fund that is based on The BofA Merrill Lynch US High Yield 100 Index and is not issued, sponsored, endorsed or promoted by BofAML and/or its affiliates nor is BofAML and/or its affiliates an adviser to PowerShares High Yield Corporate Bond Index Fund. BofAML and its affiliates make no representation, express or implied, regarding the advisability of investing in PowerShares High Yield Corporate Bond Index Fund or The BofA Merrill Lynch US High Yield 100 Index and do not guarantee the quality, accuracy, timeliness and/or completeness of The BofA Merrill Lynch US High Yield 100 Index, index values or any index-related data included herein, provided herewith or derived therefrom and assume no liability in connection with them or their use. As the Index provider, BofAML is licensing certain trademarks, The BofA Merrill Lynch US High Yield 100 Index and trade names, which are composed by BofAML without regard to Invesco Trimark Ltd., PowerShares High Yield Corporate Bond Index Fund or any investor. BofAML and its affiliates do not provide investment advice to PowerShares High Yield Corporate Bond Index Fund and are not responsible for the performance of PowerShares High Yield Corporate Bond Index Fund.
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
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For further information: Aysha Mawani, Vice President, Corporate Affairs, Tel: (416) 324-7712, [email protected]
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