TORONTO, Sept. 18, 2012 /CNW/ - Invesco Canada today announced the September 2012 distributions for the PowerShares exchange-traded funds (ETFs) listed on Toronto Stock Exchange. Unitholders of record on September 27, 2012 will receive cash distributions payable on October 5, 2012. Details of the "per unit" distribution amounts are as follows:
|PowerShares ETF name||Ticker|| Distribution
per unit ($)
|PowerShares Tactical Bond ETF||PTB||0.07626||Monthly|
|PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF||PSB||0.07184||Monthly|
|PowerShares Ultra DLUX Long Term Government Bond Index ETF||PGL||0.06661||Monthly|
|PowerShares Senior Loan (CAD Hedged) Index ETF||BKL||0.07507||Monthly|
|PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF||PFH||0.08636||Monthly|
|PowerShares Canadian Preferred Share Index ETF||PPS||0.06847||Monthly|
|PowerShares Canadian Dividend Index ETF||PDC||0.06738||Monthly|
|PowerShares FTSE RAFI Canadian Fundamental Index ETF||PXC||0.14587||Quarterly|
|PowerShares FTSE RAFI US Fundamental (CAD Hedged) Index ETF||PXU||0.08237||Quarterly|
|Low Volatility Equity|
|PowerShares S&P/TSX Composite Low Volatility Index ETF||TLV||0.06533||Monthly|
|PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF||ULV||0.04478||Monthly|
|High Beta Equity|
|PowerShares S&P/TSX Composite High Beta Index ETF||THB||0.04136||Quarterly|
|PowerShares S&P 500 High Beta (CAD Hedged) Index ETF||UHB||0.03301||Quarterly|
|PowerShares QQQ (CAD Hedged) Index ETF||QQC||0.05530||Quarterly|
The tax composition of the PowerShares ETFs' distributions will be determined on an annual basis and will only be available after the PowerShares ETFs' tax year-end.
To learn more about TSX-listed PowerShares ETFs, please visit www.powershares.ca.
About Invesco 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 offers a diversified suite of investment solutions to institutions, organizations, companies and individual investors across Canada and around the world. 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 retail, institutional and high-net-worth 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 exchange-traded funds (ETF's). 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 www.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 an applicable Index and are not actively managed. This means that the Sub-advisor will not attempt to take defensive positions in declining markets but rather continue to provide exposure to 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.
This piece was produced by Invesco Canada Ltd. ETFs are not diversified investments.PowerShares Canada is a registered business name of Invesco Canada Ltd.
PowerShares Canadian Dividend Index ETF and PowerShares Canadian Preferred Share Index ETF are not in any way sponsored, endorsed, sold or promoted by Mergent, Inc. (Indxis) and Indxis does not make any warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Indxis Select Canadian Dividend Index or the Indxis Select Canadian Preferred Share Index (the "Indexes") and/or the figure at which the said Indexes stand at any particular time on any particular day or otherwise. The Indexes are compiled and calculated by Indxis. Indxis shall not be liable (whether in negligence or otherwise) to any person for any error in the Indexes and Indxis shall not be under any obligation to advise any person of any error therein. The Indexes are the exclusive property of Indxis, Inc.
DEX Investment Grade 1-5 Year Laddered Corporate Bond Index and DEX Ultra DLUX Long Government Bond Index are trademarks of PC-BOND. These marks have been sublicensed for use for certain purposes to Invesco Canada Ltd. by PC-Bond, a business unit of TSX Inc. PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF and PowerShares Ultra DLUX Long Term Government Bond Index ETF (the "Products") are not sponsored, endorsed, sold or promoted by PC-BOND, its affiliates (including TSX Group Inc.) and third party data suppliers (collectively, "PC-Bond Group"). PC-Bond Group make no representation, warranty, or condition regarding the advisability of investing in the Products
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 trade/service marks of The NASDAQ OMX Group, Inc. (which with its affiliates is referred to as the "Corporations") and are used under licence to PowerShares Capital Management LLC and Invesco Canada Ltd. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P Dow Jones Indices are trademarks of S&P and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates and sublicensed for certain purposes by Invesco Canada Ltd. 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 product(s) is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates, and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates make any representation regarding the advisability of investing in such product(s).
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, used under licence.
© Invesco Canada Ltd., 2012
SOURCE: Invesco Canada Ltd.
For further information:
Vice President, Corporate Affairs