TORONTO, Jan. 17,
2023 /CNW/ -- Invesco Canada Ltd. announced today
changes to the risk ratings applicable to several of its Canadian
exchange-traded funds (ETFs). The changes in risk rating are
effective immediately and details are included in the following
table.
ETF Name and
Series
|
Ticker
Symbol
|
Previous Risk
Rating
|
New Risk
Rating
|
Invesco FTSE RAFI
Canadian Small-Mid Index
ETF – CAD Units
|
PZC
|
Medium
|
Medium to
High
|
Invesco NASDAQ 100
Equal Weight Index ETF – CAD
Hedged Units
|
QQEQ.F
|
Medium
|
Medium to
High
|
Invesco NASDAQ 100
Index ETF – CAD Hedged Units
|
QQC.F
|
Medium
|
Medium to
High
|
Invesco NASDAQ Next
Gen
100 Index ETF – CAD
Units
|
QQQJR
|
Medium
|
Medium to
High
|
Invesco S&P 500
Equal
Weight Index ETF –
USD Units
|
EQL.U
|
Medium
|
Medium to
High
|
Invesco S&P 500
Equal
Weight Index ETF –
CAD
Hedged Units
|
EQL.F
|
Medium
|
Medium to
High
|
Invesco S&P Global
ex.
Canada High Dividend Low
Volatility Index ETF –
CAD
Hedged Units
|
GHD.F
|
Low to
Medium
|
Medium
|
Invesco FTSE RAFI
Global
Small-Mid ETF –
CAD
Hedged Units
|
PZW.F
|
Medium
|
Medium to
High
|
Invesco Global
Shareholder
Yield ETF – CAD Units
|
PSY
|
Low to
Medium
|
Medium
|
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.
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 more than
20 countries, Invesco managed US $1.3
trillion in assets on behalf of clients worldwide as of
September 30, 2022. For more
information, visit www.invesco.com/corporate.
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.
Most Invesco 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
Invesco ETFs ETF is actively managed, then the sub-advisor has
discretion to adjust that Invesco ETFs 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.
Investors should be aware of the risks associated with data
sources and quantitative processes used in 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.
S&P®, S&P 500® are registered trademarks of Standard
& Poor's Financial Services LLC and have been licensed for use
by S&P Dow Jones Indices LLC and sublicensed for certain
purposes by Invesco Canada Ltd. The S&P 500 Equal Weight
Index is a product of S&P Dow Jones Indices LLC, and have been
licensed for use by Invesco Canada Ltd. Invesco Canada Ltd.'s
Invesco Index ETFs are not sponsored, endorsed, sold or promoted by
S&P Dow Jones Indices LLC, its affiliates, LSTA, or TSX and
none of such parties make any representation regarding the
advisability of investing in such product.
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. The S&P Global 1200 ex. Canada High Dividend Low
Volatility 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 S&P Global 1200 ex. Canada High Dividend Low
Volatility Index ETF is not sponsored, endorsed, sold or promoted
by S&P Dow Jones Indices LLC or its affiliates and none of
S&P Dow Jones Indices LLC or its affiliates make any
representation regarding the advisability of investing in such
product(s).
Nasdaq®, Nasdaq-100 Index®, Nasdaq-100® Equal Weighted Index and
Nasdaq Next Generation 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 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).
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., 2023
Contact: Gina Simonis
gina.simonis@invesco.com 917-715-8339
SOURCE Invesco Ltd.