TORONTO,
May 21, 2013 /CNW/ - Invesco Canada
today announced the May 2013
distributions for the PowerShares exchange-traded funds (ETFs)
listed on the Toronto Stock Exchange. Unitholders of record on
May 30, 2013 will receive cash
distributions payable on June 7,
2013. Details of the "per unit" distribution amounts are as
follows:
PowerShares ETF name |
Ticker |
Distribution
per unit ($) |
Payment
frequency |
Fixed
Income |
PowerShares Tactical Bond ETF |
PTB |
0.07041 |
Monthly |
PowerShares 1-5 Year Laddered
Investment Grade Corporate Bond Index ETF |
PSB |
0.07153 |
Monthly |
PowerShares Ultra DLUX Long Term
Government Bond Index ETF |
PGL |
0.06407 |
Monthly |
PowerShares Senior Loan (CAD
Hedged) Index ETF |
BKL |
0.06595 |
Monthly |
PowerShares Fundamental High Yield
Corporate Bond (CAD Hedged) Index ETF |
PFH |
0.08012 |
Monthly |
Equity
Income |
PowerShares Canadian Preferred
Share Index ETF |
PPS |
0.06704 |
Monthly |
PowerShares Canadian Dividend
Index ETF |
PDC |
0.06777 |
Monthly |
Low Volatility
Equity |
PowerShares S&P/TSX Composite
Low Volatility Index ETF |
TLV |
0.06695 |
Monthly |
PowerShares S&P 500 Low
Volatility (CAD Hedged) Index ETF |
ULV |
0.04677 |
Monthly |
The tax composition of the PowerShares ETFs' distributions will
be determined on an annual basis and will only be available after
the PowerShares ETFs' tax year-end.
To learn more about TSX-listed PowerShares ETFs, please visit
www.powershares.ca.
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 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.
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.powershares.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.
Most PowerShares 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 a PowerShares ETF is actively
managed, then the Sub-advisor has discretion to adjust that
PowerShares ETF's holdings in accordance with the ETF's investment
objectives and strategies.
ETFs are not diversified investments.
The NASDAQ Select Canadian Dividend Index has been licensed for
use by Invesco Canada Ltd. The product is not sponsored, endorsed,
sold or promoted by NASDAQ OMX, and NASDAQ OMX makes no
representation regarding the advisability of investing in
PowerShares Canadian Dividend Index ETF.
NASDAQ Select Canadian Preferred Share Index has been licensed
for use by Invesco Canada Ltd. The product is not sponsored,
endorsed, sold or promoted by NASDAQ OMX, and NASDAQ OMX makes no
representation regarding the advisability of investing in
PowerShares Canadian Preferred Share Index ETF.
FTSE® is a trade mark 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 vests in FTSE.
Investors should be aware of the risks associated with data
sources and quantitative processes used in our investment
management process. Errors may exist in data acquired from third
party vendors, the construction of model portfolios, and in coding
related to the index and portfolio construction process. While
Research Affiliates takes steps to identify data and process errors
so as to minimize the potential impact of such errors on index and
portfolio performance, we cannot guarantee that such errors will
not occur.
"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.
NASDAQ®, OMX®, NASDAQ OMX® and
QQQ are trade/service marks of The NASDAQ OMX Group, Inc. (which
with its affiliates is referred to as the "Corporations") and are
used under licence to PowerShares Capital Management LLC and
Invesco Canada Ltd. The Product(s) have not been passed on by the
Corporations as to their legality or suitability. The Product(s)
are not issued, endorsed, sold, or promoted by the Corporations.
THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH
RESPECT TO THE PRODUCT(S).
Standard & Poor's® and S&P® are registered trademarks of
Standard & Poor's Financial Services LLC ("S&P") and have
been sublicensed for certain purposes by Invesco Canada Ltd.
TSX is a registered trademark of TSX Inc. and LSTA is a registered
trademark of Loan Syndications and Trading Association and both
have been licensed for use by S&P Dow Jones Indices LLC and
Invesco Canada Ltd. The S&P/TSX Composite Low Volatility
Index, S&P/TSX Composite High Beta Index, S&P 500 Low
Volatility Index (CAD Hedged), S&P 500 High Beta Index (CAD
Hedged) and S&P/LSTA U.S. Leveraged Loan 100 Index (CAD Hedged)
are products of S&P Dow Jones Indices LLC, and have been
licensed for use by Invesco Canada Ltd. None of the Funds or
ETFs that utilize such indices are sponsored, endorsed, sold or
promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P,
their respective affiliates, or third party licensors and neither
S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective
affiliates nor their third party licensors make any representation
regarding the advisability of investing in such products.
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. PowerShares®,
Leading the Intelligent ETF Revolution®, and all associated
trademarks are trademarks of Invesco PowerShares Capital Management
LLC (Invesco PowerShares), used under licence.
© Invesco Canada Ltd., 2013
SOURCE Invesco Canada Ltd.