TORONTO, Dec. 18, 2015 /CNW/ - Invesco Canada is pleased to announce it will reopen Trimark Canadian Small Companies Fund (the "Fund") to new investors, effective on the opening of business on January 25, 2016.
The Fund invests mainly in common shares of a diversified group of Canadian companies with small market capitalizations. The Fund's portfolio management team concentrates its efforts on finding high-quality companies with a sustainable competitive advantage and strong future growth prospects.
"The limited size of the Canadian small-cap market had made it difficult to deploy large amounts of capital in a timely fashion," said Jason Whiting, lead portfolio manager of the Fund. "We now have a strong pipeline of opportunities and I'm confident we can deploy new inflows in a timely manner."
The Fund is a concentrated portfolio of 25 to 40 businesses, representing the portfolio managers' best investment ideas and managed using the Trimark discipline. A significantly more diversified portfolio would potentially dilute the value added by the portfolio management team.
The Fund was closed to new investors on October 8, 2014, to protect the interests of existing investors, who were able to continue investing in the Fund.
For more information, please visit www.invesco.ca. You can also connect with Invesco Canada on Twitter (@InvescoCanada), LinkedIn or Facebook, and get insights from the Trimark portfolio managers on the Trimark Investments blog.
About Invesco Canada Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of Canada's leading investment management companies. A subsidiary of Invesco Ltd., Invesco Canada's singular focus is on investment management, offering a diversified suite of 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 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, 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® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. Trimark®, Knowing pays® and all associated trademarks are trademarks of Invesco Canada Ltd.
© Invesco Canada Ltd., 2015
SOURCE Invesco Canada Ltd.
For further information: Aysha Mawani, Vice President, Corporate Affairs, Tel: 416.324.7712, [email protected]