TORONTO, Dec. 22, 2017 /CNW/ - Invesco today
announced the final December 2017
cash distributions for its PowerShares exchange-traded funds
(ETFs). Estimated monthly and quarterly cash distribution rates
were announced by PowerShares Canada on December 19, 2017. Unitholders of record on
December 28, 2017 will receive cash
distributions payable on January 8,
2018.
Further, Invesco today announced the final annual reinvested
distributions for its PowerShares ETFs. Estimated annual reinvested
distribution rates were previously announced by PowerShares Canada
on December 19, 2017. Unitholders of
record on December 28, 2017 will
receive these distributions, which will generally consist of
capital gains only. The ex-dividend date will be December 27, 2017. The distributions will be
reinvested and the resulting units immediately consolidated, so
that the number of units held by each investor will not change and
there will be an increase in the adjusted cost base of the
investment. Investors holding their units outside registered plans
will also have taxable amounts to report.
The tax characteristics for all distributions declared in 2017
will be reported before the end of February
2018.
Details of the "per-unit" distribution amounts are as
follows:
PowerShares ETF
name
|
Ticker
symbol†
|
Annual
reinvested
distribution
per unit ($)
|
Cash
distribution
per unit ($)
|
Payment
frequency
|
Asset
allocation
|
|
|
|
|
PowerShares Low
Volatility Portfolio ETF
|
PLV
|
0.16456
|
0.12242
|
Monthly
|
Fixed
income
|
|
|
|
|
PowerShares 1-10 Year
Laddered Investment Grade Corporate Bond Index ETF
|
PIB
|
0.00000
|
0.05667
|
Monthly
|
PowerShares 1-3 Year
Laddered Floating Rate Note Index ETF
|
PFL
|
0.00000
|
0.02574
|
Monthly
|
PowerShares 1-5 Year
Laddered Investment Grade Corporate Bond Index ETF
|
PSB
|
0.00000
|
0.05251
|
Monthly
|
PowerShares
Fundamental High Yield Corporate Bond Index ETF – CAD
Hedged
|
PFH.F
|
0.00000
|
0.08612
|
Monthly
|
PowerShares
LadderRite U.S. 0-5 Year Corporate Bond Index ETF – CAD
|
USB
|
0.00000
|
0.06155
|
Monthly
|
PowerShares
LadderRite U.S. 0-5 Year Corporate Bond Index ETF – USD
|
USB.U
|
0.00000
|
0.04822
|
Monthly
|
PowerShares Senior
Loan Index ETF – CAD
|
BKL.C
|
0.00000
|
0.05195
|
Monthly
|
PowerShares Senior
Loan Index ETF – CAD Hedged
|
BKL.F
|
0.00000
|
0.05311
|
Monthly
|
PowerShares Senior
Loan Index ETF – USD
|
BKL.U
|
0.00000
|
0.04028
|
Monthly
|
PowerShares Tactical
Bond ETF
|
PTB
|
0.00000
|
0.05283
|
Monthly
|
PowerShares Ultra
Liquid Long Term Government Bond Index ETF
|
PGL
|
0.00000
|
0.07638
|
Monthly
|
Equity
income
|
|
|
|
|
PowerShares Canadian
Dividend Index ETF
|
PDC
|
0.62278
|
0.10500
|
Monthly
|
PowerShares Canadian
Preferred Share Index ETF
|
PPS
|
0.00000
|
0.05561
|
Monthly
|
PowerShares Global
Shareholder Yield ETF – CAD
|
PSY
|
0.00000
|
0.19614
|
Monthly
|
PowerShares Global
Shareholder Yield ETF – USD
|
PSY.U
|
0.00000
|
0.15195
|
Monthly
|
PowerShares S&P
500 High Dividend Low Volatility Index ETF – CAD
|
UHD
|
0.00000
|
0.04943
|
Monthly
|
PowerShares S&P
500 High Dividend Low Volatility Index ETF – CAD Hedged
|
UHD.F
|
0.00000
|
0.05084
|
Monthly
|
PowerShares S&P
500 High Dividend Low Volatility Index ETF – USD
|
UHD.U
|
0.00000
|
0.03832
|
Monthly
|
PowerShares S&P
Global ex. Canada High Dividend Low Volatility Index ETF –
CAD
|
GHD
|
0.00000
|
0.18182
|
Monthly
|
PowerShares S&P
Global ex. Canada High Dividend Low Volatility Index ETF – CAD
Hedged
|
GHD.F
|
0.00000
|
0.18294
|
Monthly
|
PowerShares
S&P/TSX REIT Income Index ETF
|
REIT
|
0.02850
|
0.08906
|
Monthly
|
Low-volatility
equity
|
|
|
|
|
PowerShares S&P
500 Low Volatility Index ETF – CAD
|
ULV.C
|
0.00000
|
0.05887
|
Monthly
|
PowerShares S&P
500 Low Volatility Index ETF – CAD Hedged
|
ULV.F
|
0.00000
|
0.09756
|
Monthly
|
PowerShares S&P
500 Low Volatility Index ETF – USD
|
ULV.U
|
0.00000
|
0.04565
|
Monthly
|
PowerShares S&P
Emerging Markets Low Volatility Index ETF
|
ELV
|
0.00000
|
0.21885
|
Quarterly
|
PowerShares S&P
International Developed Low Volatility Index ETF
|
ILV
|
0.00000
|
0.28748
|
Quarterly
|
PowerShares
S&P/TSX Composite Low Volatility Index ETF
|
TLV
|
0.38445
|
0.08269
|
Monthly
|
Fundamental
Index® methodology equity
|
|
|
|
PowerShares FTSE RAFI
Canadian Fundamental Index ETF
|
PXC
|
0.00000
|
0.15965
|
Quarterly
|
PowerShares FTSE RAFI
Canadian Small-Mid Fundamental Index ETF
|
PZC
|
1.21434
|
0.07713
|
Quarterly
|
PowerShares FTSE RAFI
Global Small-Mid Fundamental ETF – CAD
|
PZW
|
0.04030
|
0.20926
|
Quarterly
|
PowerShares FTSE RAFI
Global Small-Mid Fundamental ETF – USD
|
PZW.U
|
0.03184
|
0.16538
|
Quarterly
|
PowerShares FTSE RAFI
Global+ Fundamental Index ETF – CAD
|
PXG
|
0.00000
|
0.25670
|
Quarterly
|
PowerShares FTSE RAFI
Global+ Fundamental Index ETF – USD
|
PXG.U
|
0.00000
|
0.19900
|
Quarterly
|
PowerShares FTSE RAFI
U.S. Fundamental Index ETF II – CAD
|
PXS
|
0.00000
|
0.10978
|
Quarterly
|
PowerShares FTSE RAFI
U.S. Fundamental Index ETF II – USD
|
PXS.U
|
0.00000
|
0.08511
|
Quarterly
|
PowerShares FTSE RAFI
U.S. Fundamental Index ETF – CAD Hedged
|
PXU.F
|
0.01303
|
0.15041
|
Quarterly
|
Momentum
equity
|
|
|
|
|
PowerShares DWA
Global Momentum Index ETF – CAD
|
DWG
|
0.00000
|
0.09205
|
Quarterly
|
PowerShares DWA
Global Momentum Index ETF – CAD Hedged
|
DWG.F
|
0.00000
|
0.09228
|
Quarterly
|
PowerShares DWA
Global Momentum Index ETF – USD
|
DWG.U
|
0.00000
|
0.07031
|
Quarterly
|
U.S.
equity
|
|
|
|
|
PowerShares QQQ Index
ETF – CAD Hedged
|
QQC.F
|
1.69303
|
0.12465
|
Quarterly
|
† A ticker symbol ending with ".U" represents
U.S.-dollar-denominated units. Distributions are paid in U.S.
dollars. U.S.-dollar-denominated units do not provide a currency
hedge between the Canadian dollar and the U.S. dollar.
To learn more about Invesco's smart beta PowerShares ETFs and
funds, visit powershares.ca or connect with Invesco Canada
on Twitter (@InvescoCanada), LinkedIn or Facebook.
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 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 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.
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.
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("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
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FTDCM, FTSE and the Exchange, the "Licensor Parties"). The Licensor
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The S&P/TSX Composite Low Volatility Index, S&P 500 Low
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Index and S&P/LSTA U.S. Leverage Loan 100 Index (CAD Hedged)
(the "Indices") are products of S&P Dow Jones Indices LLC, and
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advisability of investing in such product.
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.
Invesco Canada Ltd. ("Invesco") has obtained a license from
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© Invesco Canada Ltd., 2017
SOURCE Invesco Canada Ltd.