TORONTO, Jan. 15, 2019 /CNW/ - Invesco Canada
announced that securityholders have approved the firm's proposed
enhancements to Invesco S&P International Developed Low
Volatility Index ETF (ILV) at a special meeting held in
Toronto today.
ILV's investment objectives will be as follows:
The ETF seeks to replicate, to the
extent reasonably possible and before fees and expenses, the
performance of the S&P EPAC Ex. Korea Low Volatility Index, or
any successor thereto, on an unhedged basis, in the case of any
unhedged units, or on a hedged basis, in the case of any hedged
units. ILV invests, directly or indirectly, primarily in low
volatility equity securities of companies located in developed
markets within the Europe and
Asia Pacific regions, excluding
Korea.
At today's meeting, securityholders also approved changes to
ILV's expenses payable to include expenses related to tax agents
and tax reclaims.
These enhancements are expected to be implemented on or about
January 28, 2019.
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. is an independent
investment management firm dedicated to delivering an investment
experience that helps people get more out of life. NYSE: IVZ;
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 www.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 sub-advisor has discretion to adjust
that ETF's holdings in accordance with the ETF's investment
objectives and strategies.
The S&P EPAC Ex. Korea Low Volatility Index (the "Index") is
a product of S&P Dow Jones Indices LLC, a division of S&P
Global, or its affiliates ("SPDJI"), and has been licensed for use
by Invesco Canada Ltd. Standard & Poor's®, and
S&P®, are registered trademarks of Standard &
Poor's Financial Services LLC, a division of S&P Global
("S&P"); Dow Jones® is a registered trademark of Dow
Jones Trademark Holdings LLC ("Dow Jones") and has been licensed
for use by SPDJI. Invesco ETFs are not sponsored, endorsed,
sold or promoted by SPDJI, Dow Jones, S&P, or their respective
affiliates and none of such parties make any representation
regarding the advisability of investing in such product(s) nor do
they have any liability for any errors, omissions, or interruptions
of the Index.
Invesco® and all associated trademarks are trademarks
of Invesco Holding Company Limited, used under licence.
Invesco Canada is a registered business name of Invesco Canada
Ltd.
© Invesco Canada Ltd., 2019
SOURCE Invesco Canada Ltd.