TORONTO, Nov. 15, 2013 /CNW/ - Invesco Canada Ltd. ("Invesco") today
announced the expansion of its Private Investor series ("Series P"),
offering more choices and greater tax-efficiency for advisors and
With the addition of eight funds, Series P is now available on 35
Invesco funds, spanning 90 series, including Invesco's highly
customizable T-FLEX series for investors seeking a tax-preferred income
Series P provides the benefit of reduced fees across a broad range of
Invesco products, including mutual funds, managed portfolios and
tax-efficient corporate class products.
"At Invesco, we know that one of the keys to building wealth is having
more of your money working for you," said Jamie Kingston, Senior Vice
President, Product Management and Development, Invesco Canada. "That's
why we are expanding the number of funds that offer Series P to provide
added choice for advisors and their investors."
Series P is reserved exclusively for investors with at least $100,000
household assets invested in Invesco funds. This threshold is within
reach for many families, as investors may link their personal accounts
with those held by their spouse or family members residing at the same
For example, Robert and Mary each have an RRSP with assets of $40,000
and $45,000, respectively. They also have $15,000 in assets saved in
RESPs for their two children, David and Sylvia.
By linking these accounts, the household reaches the $100,000 threshold
to qualify for Series P pricing, assuming all assets are held in
A household group may also include corporate accounts for which the
investor or other members of the household beneficially own more than
50% of the voting equity.
Investors may also qualify for additional tiered management fee rebates
on higher asset levels. These rebates may be reinvested or received in
Series P is available for both commission-based and fee-based accounts.
Invesco Private Investor series consists of the following series: P, PF,
PF4, PF6, PH, PT4, PT6 and PT8.
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 Invesco Canada Ltd.
About Invesco Canada Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary
product brands (Trimark, Invesco and PowerShares), is one of Canada's
largest investment management companies. A subsidiary of Invesco Ltd.,
Invesco Canada's singular focus is on investment management, offering a
diversified suite of investment solutions to institutions,
organizations, companies and individual investors across Canada and
around the world. Additional information is available at www.invesco.ca.
About Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm,
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 clients around the world.
Operating in more than 20 countries, the firm is listed on the New York
Stock Exchange under the symbol IVZ. Additional information is
available at www.invesco.com.
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®, Leading the Intelligent ETF Revolution® and all associated trademarks are trademarks of Invesco PowerShares
Capital Management LLC (Invesco PowerShares), used under licence.
Trimark®, Knowing pays® and all associated trademarks are trademarks of Invesco Canada Ltd.
© Invesco Canada Ltd., 2013
SOURCE: Invesco Canada Ltd.
For further information:
Vice President, Corporate Affairs