TORONTO, July 26, 2013 /CNW/ - Invesco Canada Ltd. today announced changes to the auditor of its funds, naming PricewaterhouseCoopers LLP to the role, replacing Ernst & Young LLP.
Notification letters will be mailed to exchange-traded fund (ETF) investors in September and mutual fund investors in January. The changes are effective 60 days after mailing.
For mutual funds with a December 31, 2013 year end, the change will be effective January 2014. For all other funds, including ETFs, the change will be effective for the current financial year.
The changes were approved by Invesco Canada's Fund Advisory Board, the boards and voting trusts of the fund corporations and the Independent Review Committee for the funds and ETFs.
To learn more about Invesco Canada's range of investments, please visit www.invesco.ca.
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 prospectus before investing. Copies are available from your advisor or Invesco Canada Ltd.
About Invesco Canada 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's singular focus is on investment management, offering a diversified suite of investment 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 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 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. Trimark®, Knowing pays® and all associated trademarks are trademarks of Invesco Canada Ltd.
© Invesco Canada Ltd., 2013
SOURCE: Invesco Canada Ltd.
For further information:
Vice President, Corporate Affairs