TORONTO, Jan. 24,
2024 /CNW/ -- Invesco Canada Ltd. ("Invesco")
announced today changes to the risk ratings applicable to several
of its Canadian-listed exchange-traded funds (ETFs). The changes in
risk ratings are effective immediately and details are included in
the table below.
ETF Name and
Series
|
Ticker
|
Previous Risk
Rating
|
New Risk
Rating
|
Invesco ESG NASDAQ 100
Index
ETF -CAD Units
|
QQCE
|
Medium
|
Medium to
High
|
Invesco FTSE RAFI U.S.
Index ETF
- CAD Hedged Units
|
PXU.F
|
Medium
|
Medium to
High
|
Invesco FTSE RAFI U.S.
Index ETF
II – USD Units
|
PXS.U
|
Medium
|
Medium to
High
|
Invesco NASDAQ 100
Index ETF -
CAD Units
|
QQC
|
Medium
|
Medium to
High
|
Invesco Russell 1000
Dynamic-
Multifactor Index ETF CAD Hedged
Units
|
IUMF.F
|
Medium
|
Medium to
High
|
Invesco S&P 500
Equal Weight
Index ETF - USD Units
|
EQL.U
|
Medium to
High
|
Medium
|
Invesco FTSE RAFI
Global Small-
Mid ETF – USD Units
|
PZW.U
|
Medium to
High
|
Medium
|
The risk rating changes were made in accordance with the risk
classification methodology set by the Canadian Securities
Administrators to determine the risk levels 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.
Commissions, management fees and expenses may all be associated
with investments in 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.
"FTSE®, "Russell®", "Russell
1000®", and "FTSE Russell®" are trademarks of
the relevant company of the London Stock Exchange Group plc and its
group undertakings (the "LSE Group Companies") and are used by a
LSE Group Company under license. The FTSE RAFI® Index
Series is calculated by FTSE in conjunction with Research
Affiliates LLC ("RA"). RAFI®" and/or all other RA
trademarks, trade names, patented and patent-pending concepts are
the exclusive property of RA. None of the LSE Group Companies nor
RA sponsor, endorse or promote Invesco ETFs and are not in any way
connected to them and do not accept any liability in relation to
their issue, operation and trading and makes no claim, prediction,
warranty or representation either as to the results to be obtained
from Invesco ETFs or the suitability of the indexes for the
purposes to which they are being put by Invesco.
Nasdaq-100® ESG Index and Nasdaq-100
Index® are registered trademarks of Nasdaq, Inc. (which
with its affiliates is referred to as the "Corporations") and are
licensed for use by Invesco. The Invesco ETFs have not been passed
on by the Corporations as to their legality or suitability and are
not issued, endorsed, sold, or promoted by the Corporations. THE
CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT
TO ANY INVESCO ETFs.
S&P® and S&P 500® are registered
trademarks of S&P Global or its affiliates ("S&P"); Dow
Jones® is a registered trademark of Dow Jones Trademark
Holdings LLC ("Dow Jones"); and these trademarks have been licensed
for use by of S&P Dow Jones Indices LLC or its affiliates
("SPDJI") and sublicensed for certain purposes by Invesco. The
Invesco ETFs are not sponsored, endorsed, sold or promoted by
SPDJI, Dow Jones, S&P and their respective affiliates and none
of such parties make any representation regarding the advisability
of investing in such products nor do they have any liability for
any errors, omissions, or interruptions of the Invesco ETFs'
indices.
For more information, please visit invesco.ca.
About Invesco Ltd.
Invesco Ltd. 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 more than 20 countries, Invesco
managed US$1.49 trillion in assets on
behalf of clients worldwide as of Sept. 30,
2023. For more information, visit www.invesco.com.
Invesco® and all associated trademarks are trademarks
of Invesco Holding Company Limited, used under licence.
© Invesco Canada Ltd., 2024
Contact: Rachael Peng, +1
713.214.4193, Rachael.Peng@invesco.com
SOURCE Invesco Ltd.