Invesco Canada to close Trimark Canadian Small Companies Fund to new investors

TORONTO, Sept. 24, 2014 /CNW/ - Invesco Canada has announced that it will close Trimark Canadian Small Companies Fund (the "Fund") to new investors, effective October 8, 2014 at 4 p.m. ET.

The decision to close the Fund is intended to protect the interests of existing investors, who may continue to invest in the Fund.

With assets nearing $700 million, the Fund invests mainly in common shares of a diversified group of Canadian companies with small market capitalizations. The Fund's portfolio management team concentrates its efforts on finding high-quality companies with a sustainable competitive advantage and strong future growth prospects.

"We've recently had significant asset growth in the Fund due to inflows and increases in the value of the Fund's investments. The limited size of the Canadian small-cap market makes it difficult to deploy large amounts of capital in a timely fashion," said Jason Whiting, lead portfolio manager of the Fund. "We've decided to close the Fund to new investors in order to maintain the integrity of its investment strategy."

A concentrated portfolio of 25 to 40 businesses, representing the portfolio managers' best investment ideas and managed using the time-tested Trimark discipline, is a primary reason for the Fund's success. A significantly more diversified portfolio would potentially dilute the value added by the portfolio management team.

To learn more, please visit www.invesco.ca.

About Invesco Canada Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of Canada's leading investment management companies. A subsidiary of Invesco Ltd., Invesco Canada's singular focus is on investment management, offering a diversified suite of 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.

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 simplified prospectus before investing. Copies are available from your advisor or 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., 2014

SOURCE: Invesco Canada Ltd.

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

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