Invesco announces cash distributions for Canadian-listed PowerShares ETFs
TORONTO, Feb. 15, 2017 /CNW/ - Invesco today announced the February 2017 distributions for its exchange-traded funds (ETFs). Unitholders of record on February 27, 2017 will receive cash distributions payable on March 7, 2017. Details of the "per-unit" distribution amounts are as follows:
| PowerShares ETF name1 |
Ticker symbol2 |
Distribution per unit ($) |
Payment frequency |
| Asset allocation |
|||
| PowerShares Low Volatility Portfolio ETF – CAD |
PLV |
0.04304 |
Monthly |
| Fixed income |
|||
| PowerShares Tactical Bond ETF |
PTB |
0.05591 |
Monthly |
| PowerShares 1-3 Year Laddered Floating Rate Note Index ETF |
PFL |
0.01332 |
Monthly |
| PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF |
PSB |
0.05664 |
Monthly |
| PowerShares LadderRite U.S. 0-5 Year Corporate |
USB |
0.06359 |
Monthly |
| PowerShares LadderRite U.S. 0-5 Year Corporate |
USB.U |
0.04922 |
Monthly |
| PowerShares Ultra Liquid Long Term Government Bond Index ETF |
PGL |
0.06270 |
Monthly |
| PowerShares Senior Loan Index ETF – CAD hedged |
BKL.F |
0.05113 |
Monthly |
| PowerShares Fundamental High Yield Corporate Bond Index ETF – CAD hedged |
PFH.F |
0.06943 |
Monthly |
| Equity income |
|||
| PowerShares Canadian Preferred Share Index ETF |
PPS |
0.05853 |
Monthly |
| PowerShares Canadian Dividend Index ETF |
PDC |
0.09335 |
Monthly |
| PowerShares Global Shareholder Yield ETF – CAD |
PSY |
0.03066 |
Monthly |
| PowerShares Global Shareholder Yield ETF – USD |
PSY.U |
0.02337 |
Monthly |
| Low-volatility equity |
|||
| PowerShares S&P/TSX Composite Low Volatility Index ETF |
TLV |
0.08649 |
Monthly |
| PowerShares S&P 500 Low Volatility Index ETF – CAD |
ULV.C |
0.03004 |
Monthly |
| PowerShares S&P 500 Low Volatility Index ETF – USD |
ULV.U |
0.02293 |
Monthly |
| PowerShares S&P 500 Low Volatility Index ETF – CAD hedged |
ULV.F |
0.04898 |
Monthly |
1 On January 12, 2017, the following name and ticker changes were made: PowerShares Senior Loan (CAD Hedged) Index ETF (BKL) became PowerShares Senior Loan Index ETF (BKL.F), PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF (PFH) became PowerShares Fundamental High Yield Corporate Bond Index ETF (PFH.F) and PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF (ULV) became PowerShares S&P 500 Low Volatility Index ETF (ULV.F).
2 A ticker symbol ending with ".U" represents U.S.-dollar-denominated units. Distributions are paid in U.S. dollars. U.S.-dollar-denominated units do not provide a currency hedge between the Canadian dollar and the U.S. dollar.
The tax composition of the PowerShares ETFs' distributions will be determined on an annual basis and will be available only after the PowerShares ETFs' tax year-end.
To learn more about PowerShares Canada's smart beta ETFs and funds, visit powershares.ca or connect with Invesco Canada on Twitter (@InvescoCanada), LinkedIn or Facebook.
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, management fees and expenses may all be associated with investments in ETFs. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus before investing. Copies are available from Invesco Canada Ltd. at powershares.ca.
There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Ordinary brokerage commissions apply to purchases and sales of ETF units.
Most PowerShares ETFs seek to replicate, before fees and expenses, the performance of the applicable index, and are not actively managed. This means that the sub-advisor will not attempt to take defensive positions in declining markets and the ETF will continue to provide exposure to each of the securities in the index regardless of whether the financial condition of one or more issuers of securities in the index deteriorates. In contrast, if a PowerShares ETF is actively managed, then the sub-advisor has discretion to adjust that PowerShares ETF's holdings in accordance with the ETF's investment objectives and strategies.
ETFs are not diversified investments.
Investors should be aware of the risks associated with data sources and quantitative processes used in our investment management process. Errors may exist in data acquired from third-party vendors, the construction of model portfolios and in coding related to the index and portfolio construction process. While Research Affiliates takes steps to identify data and process errors so as to minimize the potential impact of such errors on index and portfolio performance, we cannot guarantee that such errors will not occur.
"Fundamental Index®" and/or "Research Affiliates Fundamental Index®" and/or "RAFI®" and/or all other RA trademarks, trade names, patented and patent-pending concepts are the exclusive property of Research Affiliates, LLC.
Nasdaq®, OMX® and Nasdaq OMX® are registered trademarks of The Nasdaq OMX Group, Inc. ("Nasdaq OMX") and LadderRite® is a registered trademark of LadderRite Portfolios LLC ("LadderRite"). Nasdaq®, OMX®, Nasdaq OMX® and LadderRite® are collectively the "Marks." The Marks are used under licence to PowerShares Capital Management LLC and Invesco Canada Ltd. The Product(s) have not been passed on by Nasdaq OMX or LadderRite as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by Nasdaq OMX or LadderRite, and NASDAQ OMX AND LADDERRITE MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
FTSE TMX Global Debt Capital Markets Inc. ("FTDCM"), FTSE International Limited ("FTSE"), the London Stock Exchange Group companies (the "Exchange") or TSX Inc. ("TSX" and together with FTDCM, FTSE and the Exchange, the "Licensor Parties"). The Licensor Parties make no warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE TMX Canada Investment Grade 1-5 Year Laddered Corporate Bond Index, FTSE TMX Canada Ultra Liquid Long Government Bond Index and FTSE TMX Canada 1-3 Year Laddered Floating Rate Note Index (the "Index") and/or the figure at which the said Index stands at any particular time on any particular day or otherwise. The Index is compiled and calculated by FTDCM and all copyright in the Index values and constituent lists vests in FTDCM. The Licensor Parties shall not be liable (whether in negligence or otherwise) to any person for any error in the Index and the Licensor Parties shall not be under any obligation to advise any person of any error therein.
"TMX" is a trademark of TSX Inc. and is used under licence. "FTSE®" is a trademark of FTSE International Limited in Canada and Taiwan, and "FTSE®" is a trademark of the London Stock Exchange Group companies in the rest of the world, and is used by FTDCM under licence.
LSTA® is a registered trademark of Loan Syndications and Trading Association and has been licensed for use by S&P Dow Jones Indices LLC and Invesco Canada Ltd.
TSX is a trademark of TSX Inc. ("TSX") and has been licensed for use by S&P Dow Jones Indices LLC and Invesco Canada Ltd.
S&P®, S&P 500® and S&P 500 Low Volatility Index® are a registered trademark of Standard & Poor's Financial Services LLC and have been licensed for use by S&P Dow Jones Indices LLC and sublicensed for certain purposes by Invesco Canada Ltd.
The S&P/TSX Composite Low Volatility Index, S&P 500 Low Volatility Index (CAD Hedged), S&P BMI International Developed Low Volatility Index, S&P BMI Emerging Markets Low Volatility Index and S&P/LSTA U.S. Leverage Loan 100 Index (CAD Hedged) (the "Indices") are products of S&P Dow Jones Indices LLC, and has been licensed for use by Invesco Canada Ltd. Invesco Canada Ltd.'s PowerShares Index ETFs are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, its affiliates, LSTA or TSX, and none of such parties make any representation regarding the advisability of investing in such product.
PowerShares Canada and Invesco are registered business names of Invesco Canada 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 (Invesco PowerShares), used under licence.
© Invesco Canada Ltd., 2017
SOURCE Invesco Canada Ltd.
For further information: Aysha Mawani, Vice President, Corporate Affairs, Tel: 416.324.7712, [email protected]
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