Invesco announces estimated 2011 annual distributions for TSX-listed PowerShares ETFs

TORONTO, Nov. 25, 2011 /CNW/ - Invesco today announced estimated 2011 annual distributions for the PowerShares exchange-traded funds (ETFs) listed on Toronto Stock Exchange. Unitholders of record on December 29, 2011 will receive these distributions, which will generally consist of capital gains only. The distributions will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their investment.

Note that these figures are estimates only, as of November 18, 2011, and are subject to change prior to the December 15, 2011 taxation year-end of the ETFs. These estimates are for annual amounts only and do not include estimates of ongoing monthly or quarterly cash distributions.

Final year-end distribution amounts, as well as the ongoing monthly and quarterly cash distribution amounts, will be announced on or about December 16, 2011. The tax characteristics for all distributions declared in 2011 will be reported before the end of February 2012.

PowerShares ETF name Ticker Estimated
annual
distribution
per unit ($)
PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF PSB 0.00000
PowerShares Ultra DLUX Long Term Government Bond Index ETF PGL 0.05084
PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF PFH 0.00000
PowerShares Canadian Preferred Share Index ETF PPS 0.00000
PowerShares Canadian Dividend Index ETF PDC 0.00000
PowerShares QQQ (CAD Hedged) Index ETF QQC 0.00000

To learn more about TSX-listed PowerShares ETFs, please visit www.powershares.ca.

Commissions, management fees and expenses may all be associated with investments in exchange-traded funds. Exchange-traded 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 Invesco at www.powershares.ca.

There are risks involved with investing in ETFs, including the risk of error in replicating the underlying Index. 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. ETFs are not diversified investments.

Each PowerShares ETF seeks to replicate, before fees and expenses, the performance of the applicable Index and is not actively managed. This means that the Sub-advisor will not attempt to take defensive positions in declining markets but rather continue to hold each of the securities in the Index regardless of whether the financial condition of one or more issuers of securities in the Index deteriorates.

This piece was produced by Invesco. 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® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares).

© Invesco Canada Ltd., 2011

SOURCE Invesco Ltd.

For further information:

Aysha Mawani
Vice President, Corporate Affairs
Tel: 416.324.7712
aysha.mawani@invesco.com

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Invesco Ltd.

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