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
Index ETF – CAD Hedged Units
|
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.