TORONTO, May 2 /CNW/ - Invesco announced today that a preliminary
prospectus has been filed with the Canadian securities regulators for
six new PowerShares exchange-traded funds (ETFs).
The new PowerShares ETFs are:
PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF
PowerShares Ultra DLUX Long Term Government Bond Index ETF
PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF
PowerShares Canadian Dividend Index ETF
PowerShares Canadian Preferred Share Index ETF
PowerShares QQQ (CAD Hedged) Index ETF
"PowerShares Funds, which bring ETFs into the mutual fund structure,
have been available to Canadian investors since November 2009. With our
new offering, we are providing Canadians with another way to access
PowerShares ETFs, to suit their particular needs," said Peter
Intraligi, President and Chief Operating Officer at Invesco Trimark.
A preliminary prospectus containing important information relating to
securities of the new PowerShares ETFs has been filed with the
securities commissions or similar authorities in all provinces and
territories of Canada. The preliminary prospectus is still subject to
completion or amendment. Copies of the preliminary prospectus may be
obtained from Invesco Trimark and are also available on www.sedar.com. There will not be any sale of or acceptance of an offer to buy the
securities until a receipt for the final prospectus has been issued.
With sponsored assets over US$61 billion as at February 28, 2011,
Invesco PowerShares Capital Management LLC is leading the Intelligent
ETF Revolution™ through its family of more than 145 U.S. and international ETFs.
None of the Index providers are affiliated with Invesco PowerShares
Capital Management LLC or Invesco Trimark Ltd., nor any of their
affiliates. 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.
Units/Shares of the PowerShares® Funds and of the underlying PowerShares ETFs are not in any way
sponsored, endorsed, sold or promoted by any of the PowerShares® 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 PowerShares® Funds.
Invesco PowerShares is part of Invesco Ltd., 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
more than 20 countries, the company is listed on the New York Stock
Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
This piece was produced by Invesco Trimark 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 PowerShares Capital Management
LLC, used under licence. Trimark and all associated trademarks are
trademarks of Invesco Trimark Ltd.
SOURCE Invesco Trimark Ltd.
For further information:
Contact: Stephen Lee
Vice President, Corporate Affairs