TORONTO, July 30, 2012 /CNW/ - Invesco Canada has announced a change to the risk ratings of four of its mutual funds.
Effective today, the risk ratings of Trimark Global Endeavour Fund and Trimark Global Endeavour Class are changing from "medium to high" to "medium".
At the same time, the risk ratings of PowerShares Tactical Bond Fund and PowerShares Tactical Bond Capital Yield Class are changing from "low to medium" to "low".
"The updated ratings provide our clients with a more accurate description of the risk profiles they can expect from these four investment options," said Jamie Kingston, Senior Vice President, Product Management & Development, Invesco Canada. "These new ratings do not reflect any changes to the investment objectives, strategies or management of these mandates."
The changes to the risk ratings are reflected in the simplified prospectuses of each fund filed with Canadian securities regulators today.
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.
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.
Invesco and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. Trimark and all associated trademarks are trademarks of Invesco Canada Ltd. PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares).
SOURCE: Invesco Canada Ltd.
For further information:
Vice President, Corporate Affairs