TORONTO, May 24, 2012 /CNW/ - In continuing its commitment to act in the best interests of investors, Invesco Canada today proposed changes to its product lineup. Once complete, these changes will provide investors with a more enduring suite of products.
Proposed fund mergers
Invesco Canada is proposing to merge Invesco Global Equity Class into Trimark Global Dividend Class and Invesco Global Balanced Fund into Trimark Global Balanced Fund.
The proposed mergers will require regulatory approval as well as approval from securityholders of Invesco Global Equity Class and Invesco Global Balanced Fund and securityholders of Trimark Global Dividend Class, Series A and F. Securityholders will be asked to vote at a Special Meetings of Securityholders to be held July 20, 2012 in Toronto. Details of these proposals will be provided to investors in a management information circular and proxy package that will be mailed in late June 2012.
Pending regulatory and securityholder approval, Invesco Canada expects the mergers to take effect after the close of business on or about July 27, 2012.
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.
Invesco Canada Ltd. is one of Canada's largest investment management companies. A subsidiary of Invesco Ltd., Invesco Canada Ltd. 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.
For further information:
Vice President, Corporate Affairs