Invesco simplifies product offering

Changes result from federal tax treatment

TORONTO, Nov. 7, 2016 /CNW/ - Invesco has announced changes to its product lineup in response to tax-treatment changes made in the 2013 Federal Budget.

Subject to regulatory approval, Invesco plans to merge shares of Invesco Intactive Strategic Capital Yield Portfolio Class (the "Fund") into units of Invesco Intactive Strategic Yield Portfolio, effective the close of business on March 24, 2017.

Concurrently, Invesco plans to terminate Series F8, Series PT8 and Series T8 of Invesco Intactive Strategic Capital Yield Portfolio Class and discontinue the U.S.-dollar purchase options of Series PT6 and Series T6.

Due to changes put forth in the 2013 Federal Budget, the Fund will no longer be able to provide tax-efficient benefits at the expiration of its forward contract in 2017. In response to the budget measures, the Fund was capped to additional investments at the close of business on June 14, 2013.

The merger was approved by the Independent Review Committee of the Fund. Investors who hold Invesco Intactive Strategic Capital Yield Portfolio Class shares will receive a 60-day notice explaining these changes.

Investors in non-registered accounts may switch to another Invesco fund that is part of Invesco Corporate Class Inc. prior to December 31, 2016 on a tax-deferred basis. Switches made after that date will trigger a tax consequence.

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.

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 is a registered business name of Invesco Canada Ltd.

Invesco® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence.

© Invesco Canada Ltd., 2016

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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