Lowers risk rating on Invesco Global Bond Fund
in Canada
TORONTO, July 28, 2017 /CNW/ - Invesco Canada
("Invesco") today announced modifications to its lineup of mutual
funds. Invesco regularly conducts reviews of its products to ensure
they continue to meet the evolving needs of advisors and investors.
The following changes will be made in the final filing of Invesco's
simplified prospectus.
Investment strategy update
The investment strategy of
Trimark Global Balanced Fund/Class will be amended to provide the
portfolio management team the flexibility to invest in underlying
fixed-income funds, in addition to direct securities for the
fixed-income sleeve of the strategy.
The change is expected to result in increased trading
efficiency, as the portfolio management team can execute
adjustments to the Funds without buying or selling the underlying
securities in smaller quantities.
Fund name change
The name of Invesco Intactive
Strategic Yield Portfolio will be changed to Invesco Strategic
Yield Fund. As an income-oriented investment, the Fund's name is
being changed to highlight the Fund's focus on yield.
Lower risk rating
Invesco has adjusted the risk rating
for Invesco Global Bond Fund in Canada from "Low to Medium" to "Low." The new
rating on the Fund better reflects its volatility.
For more information, please visit invesco.ca. You can
also connect with Invesco on Twitter (@InvescoCanada), LinkedIn,
Facebook or through the Invesco Canada blog.
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, trailing commissions, management fees and expenses
may all be associated with mutual fund investments. Mutual funds
are not guaranteed, their values change frequently and past
performance may not be repeated. Please read the simplified
prospectus before investing. Copies are available from your advisor
or Invesco Canada Ltd.
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.
Trimark® and all associated trademarks are trademarks of
Invesco Canada Ltd.
© Invesco Canada Ltd., 2017
SOURCE Invesco Canada Ltd.