TORONTO, March 9, 2015 /CNW/ - PowerShares Canada joins the global PowerShares family in celebrating Invesco PowerShares Capital Management LLC ("Invesco PowerShares") being named "Best Smart Beta ETF Provider" by ETF Express at the annual ETF Express Global Awards in London, England. The awards recognize excellence among managers and service providers of exchanged-traded funds around the world.
"PowerShares was founded on the belief that all investors should be provided with a smarter way to access the markets – beyond traditional active and passive strategies," said Dan Draper, Managing Director and Head of Invesco PowerShares. "Having introduced the first smart beta vehicles available today, we will continue to innovate and seek to provide investors with more intelligent exposure to the markets and expand portfolio-construction opportunities through our various smart beta ETFs. We are truly honoured to be recognized by the investment community for our role as an ETF innovator."
Smart beta strategies seek to offer investors an alternative to traditional passive and active portfolio-construction options. Through smart beta ETF strategies, investors are able to gain specific market exposure, and may be able to reduce portfolio risk and achieve long-term outperformance when compared to a cap-weighted market benchmark index. Smart beta products offered by PowerShares Canada include the PowerShares FTSE RAFI ETFs and PowerShares low volatility suite of ETFs listed on Toronto Stock Exchange (TSX).
While smart beta is growing at a rapid pace, the concept is far from new. Alternative weighting and factor-driven strategies have been used by institutional investors since the 1970s, although not labelled "smart beta." As a pioneer in smart beta ETF strategies, Invesco PowerShares provides investors with a number of time-tested options suitable for various market conditions and investor profiles, among more than 80 smart beta strategies. PowerShares Canada has partnered with Invesco PowerShares and offers a diverse lineup of smart beta strategies in Canada through ETFs listed and traded on TSX or through mutual funds.
The annual ETF Express Global Awards are chosen based on votes cast by readers of ETF Express, which includes institutional and high-net-worth investors, as well as managers and other industry professionals, such as fund administrators, brokers, custodians and advisors.
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, management fees and expenses may all be associated with investments in mutual funds and exchange-traded funds (ETFs). Trailing commissions may be associated with investments in mutual funds. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs and mutual funds. Please read the prospectus before investing. Copies are available from Invesco Canada Ltd.
PowerShares Canada 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.
© Invesco Canada Ltd., 2015
SOURCE Invesco Canada Ltd.
For further information: Aysha Mawani, Vice President, Corporate Affairs, Tel: 416.324.7712, [email protected]