TORONTO, Aug. 18 /CNW/ - Invesco Trimark announced today that effective
immediately, it is reopening Trimark Global Endeavour Fund, Trimark Global
Endeavour Class and Trimark Global Mid-Cap Equity Private Pool to new
investors. The Funds invest primarily in medium-sized, industry-leading global
Invesco Trimark had closed the Funds to new investors on July 13, 2007.
At the time, medium-sized companies were trading at a premium to
large-capitalization companies, which, when combined with the Funds' growing
size, made it more difficult for the portfolio management team to find new
investment ideas at attractive prices.
The investment team made the decision to reopen these Funds due to the
increased availability of high-quality, medium-sized companies that are
trading today at attractive discounts to their estimated intrinsic value as a
result of recent market declines.
Series D units of Trimark Global Endeavour Fund will remain closed to new
investors. Investors already holding such units in an account may continue to
Invesco Trimark Ltd. is one of Canada's largest investment management
companies, with approximately C$38.2 billion(*) in assets under management. A
subsidiary of Invesco Ltd., which is among the world's largest independent
global investment managers, Invesco Trimark offers a diversified suite of
investment solutions to institutions, organizations, companies and individual
investors across Canada and around the world. Invesco Ltd. has approximately
US$461.3 billion(*) in assets under management and is listed on the New York
Stock Exchange with the symbol "IVZ." Invesco Ltd. has over 5,300 employees
and operates in 20 countries worldwide.
(*) As at June 30, 2008
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 from Invesco Trimark.
For further information:
For further information: Aysha Mawani, Vice President, Public Relations,
Tel: (416) 324-7712, firstname.lastname@example.org