DOWNERS GROVE,
Ill., June 19, 2017
/PRNewswire/ -- Invesco (NYSE: IVZ), a leading global provider of
exchange-traded funds (ETFs), recently became one of the first
issuers to offer its PowerShares ETFs on FundVest® ETF, a new
no-transaction-fee (NTF) ETF platform by BNY Mellon's Pershing. The
NTF platform requires no purchase minimums or holding period, and
will be available to all Pershing clients.
Offering PowerShares ETFs on FundVest® ETF
helps bring more investment solutions to clients who may be looking
for cost-efficient platforms for investing in smart beta and
factor-based strategies.
"At the end of the day, we're focused on client outcomes
and the solutions needed to achieve them," said Dan Draper, Global Head of PowerShares by
Invesco. "We believe bringing PowerShares ETFs to this new platform
will expand the availability of our ETF solutions while also giving
advisors the thought leadership and research tools necessary for
selecting tailored funds for their clients."
So far this year, the rate of ETF inflows has accelerated
from 2016 with more than $200 billion
in inflows through the end of May, bringing total assets to
$2.86
trillion.[1],[2]
Platform's like FundVest® ETF
are helping make more ETFs available than ever before, but as the
popularity for ETFs continues to grow, advisors should undertake
careful due diligence to understand the nuances and features of
each strategy they may recommend or invest in for
clients.
About Invesco
Invesco is an
independent investment management firm dedicated to delivering an
investment experience that helps people get more out of life. NYSE:
IVZ; www.invesco.com.
About PowerShares by
Invesco
PowerShares by Invesco is leading the
Intelligent ETF Revolution® through its family of more
than 140 domestic and international PowerShares exchange-traded
funds (ETFs). PowerShares ETFs seek to outperform traditional
benchmark indexes while providing advisors and investors access to
an innovative array of focused investment opportunities.
PowerShares has US franchise assets exceeding $120 billion as of March
31, 2017. For more information, please visit us at
powershares.com or follow us on Twitter
@PowerShares.
About BNY Mellon's Pershing
BNY
Mellon's Pershing and its affiliates provide advisors,
broker-dealers, family offices, hedge fund and '40 Act fund
managers, registered investment advisor firms and wealth managers
with a broad suite of global financial business solutions. Many of
the world's most sophisticated and successful financial services
firms rely on Pershing for clearing and custody, investment and
retirement solutions, technology, enterprise data management,
trading services, prime brokerage and business consulting. Pershing
helps clients improve profitability and drive growth, create
capacity and efficiency, attract and retain talent, and manage risk
and regulation. With a network of 23 offices worldwide, Pershing
provides business-to-business solutions to clients representing
more than 6 million investor accounts globally. Pershing LLC
(member FINRA, NYSE, SIPC) is a BNY Mellon company. Additional
information is available on pershing.com, or follow us on Twitter
@Pershing.
About BNY Mellon
BNY Mellon is a
global investments company dedicated to helping its clients manage
and service their financial assets throughout the investment
lifecycle. Whether providing financial services for institutions,
corporations or individual investors, BNY Mellon delivers informed
investment management and investment services in 35 countries and
more than 100 markets. As of March 31,
2017, BNY Mellon had $30.6
trillion in assets under custody and/or administration, and
$1.7 trillion in assets under
management. BNY Mellon can act as a single point of contact for
clients looking to create, trade, hold, manage, service, distribute
or restructure investments. BNY Mellon is the corporate brand of
The Bank of New York Mellon Corporation (NYSE: BK). Additional
information is available on
www.bnymellon.com. Follow us on Twitter
@BNYMellon or visit our newsroom at
www.bnymellon.com/newsroom for the latest
company news.
Important Risk Information
There
are risks involved with investing in ETFs, including possible loss
of money. Index-based ETFs are not actively managed. Actively
managed ETFs do not necessarily seek to replicate the performance
of a specified index. Both index-based and actively managed ETFs
are subject to risks similar to stocks, including those related to
short selling and margin maintenance. Ordinary brokerage
commissions apply. The Fund's return may not match the return of
the Index.
Diversification does not guarantee a profit or eliminate
the risk of loss.
Factor investing is an investment strategy in which
securities are chosen based on certain characteristics and
attributes.
Shares are not individually redeemable and owners of the
Shares may acquire those Shares from the Funds and tender those
shares for redemption to the Funds in Creation Unit aggregations
only, typically consisting of 10,000, 50,000, 75,000, 100,000 or
200,000 Shares.
PowerShares® is a registered trademark of
Invesco PowerShares Capital Management LLC, investment adviser.
Invesco PowerShares Capital Management LLC (PowerShares) and
Invesco Distributors, Inc., ETF distributor, are indirect, wholly
owned subsidiaries of Invesco Ltd.
[1] ETF.com.
June 1, 2017.
http://www.etf.com/sections/monthly-etf-flows/etf-monthly-fund-flows-may-2017?nopaging=1
[2]
SeekingAlpha.com June 1, 2017.
https://seekingalpha.com/article/4078041-etf-stats-april-2017-closing-3-trillion
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SOURCE Invesco