DOWNERS GROVE, Ill.,
March 9, 2018 /PRNewswire/ -- Invesco
(NYSE: IVZ), a leading global provider of exchange-traded funds
(ETFs), announced today that management fees on the PowerShares
Active U.S. Real Estate Fund (PSR) are being lowered from 0.80% to
0.35%, effective April 1, 2018.
"Invesco continues to evaluate the cost-efficiency1
of its ETFs to offer investors the most effective,
transparent2 access to leading investment solutions,"
said Lorraine Wang, Global Head ETF
Products & Research at Invesco.
Invesco Real Estate, which manages the active ETF, is a global
leader in the real estate investment management business with
$65.1 billion in assets under
management.
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 $135 billion as of December 29, 2017. For more information, please
visit us at powershares.com or follow us on Twitter
@PowerShares.
Important Risk Information
1 Since ordinary
brokerage commissions apply for each buy and sell transaction,
frequent trading activity may increase the cost of ETFs.
2 ETFs disclose their full portfolio holdings daily.
There are risks involved with investing in ETFs, including
possible loss of money. Actively managed ETFs do not necessarily
seek to replicate the performance of a specified index. 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. The Fund is subject to certain other risks.
Please see the current prospectus for more information regarding
the risk associated with an investment in the Fund.
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 50,000, 75,000, 100,000 or 200,000
Shares.
Before investing, investors should carefully read the
prospectus/summary prospectus and carefully consider the investment
objectives, risks, charges and expenses. For this and more complete
information about the Fund call 800 983 0903 or visit
invescopowershares.com for the prospectus/summary
prospectus.
Invesco Distributors, Inc. US2942
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SOURCE PowerShares by Invesco