TORONTO, Feb. 5, 2021 /PRNewswire/ -- Invesco Canada
Ltd. ("Invesco") today announced changes to the risk ratings
applicable to five of its Canadian-listed exchange-traded funds
(ETFs). The changes in risk ratings are effective immediately and
detailed in the following table:
ETF name and
series
|
Ticker
symbol
|
Previous risk
rating
|
New risk
rating
|
Invesco Low
Volatility Portfolio ETF – CAD Units
|
PLV
|
Low
|
Low to
Medium
|
Invesco Canadian
Preferred Share Index ETF – CAD Units
|
PPS
|
Low to
Medium
|
Medium
|
Invesco FTSE RAFI
Global Small-Mid ETF – USD Units
|
PZW.U
|
Medium
|
Medium to
High
|
Invesco LadderRite
U.S. 0-5 Year Corporate Bond Index ETF – USD Units
|
USB.U
|
Low to
Medium
|
Low
|
Invesco Senior Loan
Index ETF – USD Units
|
BKL.U
|
Low to
Medium
|
Low
|
Invesco Senior Loan
Index ETF – CAD Hedged Units
|
BKL.F
|
Low to
Medium
|
Low
|
The risk rating changes were made in accordance with the risk
classification methodology set by the Canadian Securities
Administrators to determine the risk level of funds. No changes
have been made to the investment objectives or strategies of these
ETFs. A summary of the risk rating classification methodology,
investment objectives and strategies of an ETF can be found in the
ETF's most recently filed prospectus.
For more information, please visit invesco.ca. You
can also connect with Invesco on Twitter (@InvescoCanada),
LinkedIn, Facebook, or through the Invesco Canada blog.
About Invesco Ltd.
Invesco Ltd. (Ticker NYSE: IVZ) is
a global independent investment management firm dedicated to
delivering an investment experience that helps people get more out
of life. Our distinctive investment teams deliver a
comprehensive range of active, passive and alternative investment
capabilities. With offices in 25 countries, Invesco managed
US$1.35 trillion in assets on behalf
of clients worldwide as of December
31, 2020. For more information,
visit invesco.com.
Commissions, management fees and expenses may all be associated
with investments in exchange-traded funds (ETFs). ETFs are not
guaranteed, their values change frequently and past performance may
not be repeated. Please read the prospectus before investing.
Copies are available from Invesco Canada Ltd. at
invesco.ca.
There are risks involved with investing in ETFs. Please read the
prospectus for a complete description of risks relevant to the ETF.
Ordinary brokerage commissions apply to purchases and sales of ETF
units.
Some ETFs seek to replicate, before fees and expenses, the
performance of the applicable index, and are not actively managed.
This means that the sub-advisor will not attempt to take defensive
positions in declining markets and the ETF will continue to provide
exposure to each of the securities in the index regardless of
whether the financial condition of one or more issuers of
securities in the index deteriorates. In contrast, if an ETF is
actively managed, then the subadvisor has discretion to adjust that
ETF's holdings in accordance with the ETF's investment objectives
and strategies.
FTSE® is a trademark owned by the London Stock Exchange Group
companies and is used by FTSE International Limited ("FTSE") under
licence. The FTSE RAFI® Index Series is calculated by FTSE in
conjunction with Research Affiliates LLC ("RA"). Neither FTSE nor
RA sponsor, endorse or promote this product and are not in any way
connected to it and do not accept any liability in relation to its
issue, operation and trading. Any intellectual property rights in
the Index values and constituent list vest in FTSE.
Nasdaq®, OMX®, and Nasdaq OMX®
are registered trademarks of The Nasdaq OMX Group, Inc. ("Nasdaq
OMX") and LadderRite® is a registered trademark of
LadderRite Portfolios LLC ("LadderRite"). Nasdaq®,
OMX®, Nasdaq OMX® and LadderRite®
are collectively the "Marks". The Marks are used under licence to
Invesco Capital Management LLC and Invesco Canada Ltd. The
product(s) have not been passed on by Nasdaq OMX or LadderRite as
to their legality or suitability. The product(s) are not issued,
endorsed, sold, or promoted by Nasdaq OMX or LadderRite, and NASDAQ
OMX AND LADDERRITE MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH
RESPECT TO THE PRODUCT(S).
S&P® is a registered trademark of Standard & Poor's
Financial Services LLC and has been licensed for use by S&P Dow
Jones Indices LLC and sublicensed for certain purposes by Invesco
Canada Ltd. LSTA® is a registered trademark of Loan Syndications
and Trading Association and has been licensed for use by S&P
Dow Jones Indices LLC and Invesco Canada Ltd. The S&P/LSTA U.S.
Leveraged Loan 100 Index is a product of S&P Dow Jones Indices
LLC, and has been licensed for use by Invesco Canada Ltd. Invesco
Canada Ltd.'s Invesco Senior Loan Index ETF is not sponsored,
endorsed, sold or promoted by S&P Dow Jones Indices LLC or its
affiliates or LSTA and none of S&P Dow Jones Indices LLC or its
affiliates or LSTA make any representation regarding the
advisability of investing in such product.
"Fundamental Index®" and/or "Research Affiliates Fundamental
Index®" and/or "RAFI®" and/or all other RA trademarks, trade names,
patented and patent-pending concepts are the exclusive property of
Research Affiliates, LLC."
Invesco is a registered business name of Invesco Canada Ltd.
Invesco® and all associated trademarks are trademarks of Invesco
Holding Company Limited, used under licence.
© Invesco Canada Ltd., 2021
Contact: Gina Simonis
gina.simonis@Invesco.com 917-715-8339
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SOURCE Invesco Ltd.