TORONTO, Feb. 15, 2017 /CNW/ - Invesco today announced the
February 2017 distributions for its
exchange-traded funds (ETFs). Unitholders of record on February 27, 2017 will receive cash distributions
payable on March 7, 2017. Details of
the "per-unit" distribution amounts are as follows:
PowerShares ETF
name1
|
Ticker
symbol2
|
Distribution per
unit ($)
|
Payment
frequency
|
Asset
allocation
|
PowerShares Low
Volatility Portfolio ETF – CAD
|
PLV
|
0.04304
|
Monthly
|
Fixed
income
|
PowerShares Tactical
Bond ETF
|
PTB
|
0.05591
|
Monthly
|
PowerShares 1-3 Year
Laddered Floating Rate Note Index ETF
|
PFL
|
0.01332
|
Monthly
|
PowerShares 1-5 Year
Laddered Investment Grade Corporate Bond Index ETF
|
PSB
|
0.05664
|
Monthly
|
PowerShares
LadderRite U.S. 0-5 Year Corporate
Bond Index ETF – CAD
|
USB
|
0.06359
|
Monthly
|
PowerShares
LadderRite U.S. 0-5 Year Corporate
Bond Index ETF – USD
|
USB.U
|
0.04922
|
Monthly
|
PowerShares Ultra
Liquid Long Term Government Bond Index ETF
|
PGL
|
0.06270
|
Monthly
|
PowerShares Senior
Loan Index ETF – CAD hedged
|
BKL.F
|
0.05113
|
Monthly
|
PowerShares
Fundamental High Yield Corporate Bond Index ETF – CAD
hedged
|
PFH.F
|
0.06943
|
Monthly
|
Equity
income
|
PowerShares Canadian
Preferred Share Index ETF
|
PPS
|
0.05853
|
Monthly
|
PowerShares Canadian
Dividend Index ETF
|
PDC
|
0.09335
|
Monthly
|
PowerShares Global
Shareholder Yield ETF – CAD
|
PSY
|
0.03066
|
Monthly
|
PowerShares Global
Shareholder Yield ETF – USD
|
PSY.U
|
0.02337
|
Monthly
|
Low-volatility
equity
|
PowerShares
S&P/TSX Composite Low Volatility Index ETF
|
TLV
|
0.08649
|
Monthly
|
PowerShares S&P
500 Low Volatility Index ETF – CAD
|
ULV.C
|
0.03004
|
Monthly
|
PowerShares S&P
500 Low Volatility Index ETF – USD
|
ULV.U
|
0.02293
|
Monthly
|
PowerShares S&P
500 Low Volatility Index ETF – CAD hedged
|
ULV.F
|
0.04898
|
Monthly
|
1 On January 12, 2017,
the following name and ticker changes were made: PowerShares Senior
Loan (CAD Hedged) Index ETF (BKL) became PowerShares Senior Loan
Index ETF (BKL.F), PowerShares Fundamental High Yield Corporate
Bond (CAD Hedged) Index ETF (PFH) became PowerShares Fundamental
High Yield Corporate Bond Index ETF (PFH.F) and PowerShares S&P
500 Low Volatility (CAD Hedged) Index ETF (ULV) became PowerShares
S&P 500 Low Volatility Index ETF (ULV.F).
2 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.
The tax composition of the PowerShares ETFs' distributions will
be determined on an annual basis and will be available only after
the PowerShares ETFs' tax year-end.
To learn more about PowerShares Canada's smart beta 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.
"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.
Nasdaq®, OMX® and Nasdaq OMX®
are registered trademarks of The Nasdaq OMX Group, Inc. ("Nasdaq
OMX") and LadderRite® is a registered trademark of
LadderRite Portfolios LLC ("LadderRite"). Nasdaq®,
OMX®, Nasdaq OMX® and LadderRite®
are collectively the "Marks." The Marks are used under licence to
PowerShares Capital Management LLC and Invesco Canada Ltd. The
Product(s) have not been passed on by Nasdaq OMX or LadderRite as
to their legality or suitability. The Product(s) are not issued,
endorsed, sold, or promoted by Nasdaq OMX or LadderRite, and NASDAQ
OMX AND LADDERRITE MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH
RESPECT TO THE PRODUCT(S).
FTSE TMX Global Debt Capital Markets Inc. ("FTDCM"), FTSE
International Limited ("FTSE"), the London Stock Exchange Group
companies (the "Exchange") or TSX Inc. ("TSX" and together with
FTDCM, FTSE and the Exchange, the "Licensor Parties"). The Licensor
Parties make no warranty or representation whatsoever, expressly or
impliedly, either as to the results to be obtained from the use of
the FTSE TMX Canada Investment Grade 1-5 Year Laddered Corporate
Bond Index, FTSE TMX Canada Ultra Liquid Long Government Bond Index
and FTSE TMX Canada 1-3 Year Laddered Floating Rate Note Index (the
"Index") and/or the figure at which the said Index stands at any
particular time on any particular day or otherwise. The Index is
compiled and calculated by FTDCM and all copyright in the Index
values and constituent lists vests in FTDCM. The Licensor Parties
shall not be liable (whether in negligence or otherwise) to any
person for any error in the Index and the Licensor Parties shall
not be under any obligation to advise any person of any error
therein.
"TMX" is a trademark of TSX Inc. and is used under licence.
"FTSE®" is a trademark of FTSE International Limited in
Canada and Taiwan, and "FTSE®" is a trademark
of the London Stock Exchange Group companies in the rest of the
world, and is used by FTDCM under licence.
LSTA® is a registered trademark of Loan Syndications
and Trading Association and has been licensed for use by S&P
Dow Jones Indices LLC and Invesco Canada Ltd.
TSX is a trademark of TSX Inc. ("TSX") and has been licensed for
use by S&P Dow Jones Indices LLC and Invesco Canada Ltd.
S&P®, S&P 500® and S&P 500 Low
Volatility Index® are a registered trademark 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/TSX Composite Low Volatility Index, S&P 500 Low
Volatility Index (CAD Hedged), S&P BMI International Developed
Low Volatility Index, S&P BMI Emerging Markets Low Volatility
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
has been licensed for use by Invesco Canada Ltd. Invesco Canada
Ltd.'s PowerShares 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.
PowerShares Canada and Invesco are registered business names of
Invesco Canada Ltd.
Invesco® and all associated trademarks are trademarks
of Invesco Holding Company Limited, used under licence.
PowerShares® and all associated trademarks are
trademarks of Invesco PowerShares Capital Management LLC (Invesco
PowerShares), used under licence.
© Invesco Canada Ltd., 2017
SOURCE Invesco Canada Ltd.