TORONTO, May 18, 2012 /CNW/ - Invesco Canada today
announced the May 2012 distributions
for the PowerShares exchange-traded funds (ETFs) listed on Toronto
Stock Exchange. Unitholders of record on May
30, 2012 will receive cash distributions payable on
June 7, 2012. Details of the "per
unit" distribution amounts are as follows:
| PowerShares ETF name |
Ticker |
Distribution
per unit ($) |
Payment
frequency |
PowerShares 1-5
Year Laddered Investment Grade
Corporate Bond Index ETF |
PSB |
0.07482 |
Monthly |
PowerShares Ultra DLUX Long Term
Government
Bond Index ETF |
PGL |
0.06921 |
Monthly |
| PowerShares Senior Loan (CAD
Hedged) Index ETF |
BKL |
0.07397 |
Monthly |
PowerShares Fundamental High Yield
Corporate
Bond (CAD Hedged) Index ETF |
PFH |
0.08855 |
Monthly |
| PowerShares
Canadian Preferred Share Index ETF |
PPS |
0.06905 |
Monthly |
| PowerShares Canadian Dividend
Index ETF |
PDC |
0.06140 |
Monthly |
PowerShares S&P/TSX Composite
Low Volatility
Index ETF |
TLV |
0.05074 |
Monthly |
PowerShares
S&P 500 Low Volatility (CAD Hedged)
Index ETF |
ULV |
0.04212 |
Monthly |
The tax composition of the PowerShares ETFs' distributions will
be determined on an annual basis and will only be available after
the PowerShares ETFs' tax year-end.
To learn more about TSX-listed PowerShares ETFs, please visit
www.powershares.ca.
Commissions, management fees and expenses may all be associated
with investments in exchange-traded funds. Exchange-traded funds
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 at
www.powershares.ca.
There are risks involved with investing in ETFs, including the
risk of error in replicating the underlying Index. 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. ETFs are not diversified investments.
Each PowerShares ETF seeks to replicate, before fees and
expenses, the performance of the applicable Index and is not
actively managed. This means that the Sub-advisor will not attempt
to take defensive positions in declining markets but rather
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.
This piece was produced by Invesco. Invesco is a registered
business name of Invesco Canada Ltd.
A subsidiary of Invesco Ltd., Invesco Canada offers a
diversified suite of investment solutions to institutions,
organizations, companies and individual investors across
Canada and around the world.
Invesco is a leading independent global investment manager,
dedicated to helping investors worldwide achieve their financial
objectives. By delivering the combined power of our distinctive
investment management capabilities, Invesco provides a wide range
of investment strategies and vehicles to our retail, institutional
and high net-worth clients around the world. Operating in more than
20 countries, the company is listed on the New York Stock Exchange
under the symbol IVZ. Additional information is available at
www.invesco.com.
Invesco and all associated trademarks are trademarks of Invesco
Holding Company Limited, used under licence.
PowerShares® is a registered trademark of Invesco
PowerShares Capital Management LLC (Invesco PowerShares).
© Invesco Canada Ltd., 2012
SOURCE Invesco Canada Ltd.