TORONTO, Jan. 6, 2022 /PRNewswire/ -- Invesco Canada
Ltd. ("Invesco"), a leading asset management firm, announced today
changes to the risk ratings applicable to several of its
Canadian-listed exchange-traded funds (ETFs). The changes in risk
rating are effective immediately and details are included in the
following table.
ETF Name and
Series
|
Ticker
Symbol
|
Previous Risk
Rating
|
New Risk
Rating
|
Invesco S&P 500
Low Volatility Index ETF – CAD Units
|
ULV.C
|
Low to
medium
|
Medium
|
Invesco S&P 500
Low Volatility Index ETF – USD Units
|
ULV.U
|
Low to
medium
|
Medium
|
Invesco S&P 500
Low Volatility Index ETF – CAD Hedged Units
|
ULV.F
|
Low to
medium
|
Medium
|
Invesco S&P 500
ESG Index ETF – CAD Units
|
ESG
|
Low to
medium
|
Medium
|
Invesco NASDAQ Next
Gen 100 Index ETF – CAD Units
|
QQJR
|
Medium to
high
|
Medium
|
Invesco NASDAQ 100
Equal Weight Index ETF – CAD Hedged Units
|
QQEQ.F
|
Medium to
high
|
Medium
|
Invesco ESG NASDAQ
Next Gen 100 Index ETF – CAD Units
|
QQJE
|
Medium to
high
|
Medium
|
The risk rating changes were made in accordance with the risk
classification methodology set by the Canadian Securities
Administrators to determine the risk level of funds. No changes
have been made to the investment objectives or strategies of these
ETFs. A summary of the risk rating classification methodology,
investment objectives and strategies of an ETF can be found in the
ETF's most recently filed prospectus.
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 a global independent investment management firm
dedicated to delivering an investment experience that helps people
get more out of life. Our distinctive investment teams deliver a
comprehensive range of active, passive and alternative investment
capabilities. With offices in more than 20 countries, Invesco
managed $1.5 trillion in assets on
behalf of clients worldwide as of September
30, 2021. For more information, visit
www.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 invesco.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 Invesco 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 an
Invesco ETFs ETF is actively managed, then the sub-advisor has
discretion to adjust that Invesco ETFs ETF's holdings in accordance
with the ETF's investment objectives and strategies.
FTSE Global Debt Capital Markets Inc. ("FGDCM"), FTSE
International Limited ("FTSE"), or the London Stock Exchange Group
companies (the "Exchange") (together, 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 Canada Investment Grade 1-5 Year Laddered
Corporate Bond Index, the FTSE Canada Investment Grade 1-10 Year
Laddered Corporate Bond Index, the FTSE Canada 1-5 Year All
Government Laddered Bond Index , the FTSE Canada Ultra Liquid Long
Term Government Bond Index and the FTSE Canada 1-3 Year Laddered
Floating Rate Note Index ("the Indexes") and/or the figure at which
the Indexes stand at any particular time on any particular day or
otherwise. The Indexes are compiled and calculated by FGDCM and all
copyright in the Indexes' values and constituent lists vests in
FGDCM. 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.
"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 FGDCM under licence.
FTSE® is a trademark owned by the London Stock Exchange Group
companies and is used by FTSE International Limited ("FTSE") under
licence. The FTSE RAFI® Index Series is calculated by FTSE in
conjunction with Research Affiliates LLC ("RA"). Neither FTSE nor
RA sponsor, endorse or promote this product and are not in any way
connected to it and do not accept any liability in relation to its
issue, operation and trading. Any intellectual property rights in
the Index values and constituent list vest in FTSE.
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.
S&P®, S&P 500®, and S&P 500 Low Volatility Index®
are registered trademarks 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.
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.
The S&P/TSX Composite Low Volatility Index, S&P 500 Low
Volatility Index, and S&P/LSTA U.S. Leveraged Loan 100 Index
(the "Indices") are products of S&P Dow Jones Indices LLC, and
have been licensed for use by Invesco Canada Ltd. Invesco Canada
Ltd.'s Invesco 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.
The S&P 500® ESG Index and S&P/TSX Composite ESG Index
are a product of S&P Dow Jones Indices LLC or its affiliates
("SPDJI"), and has been licensed for use by Invesco Canada Ltd.
S&P® and S&P 500® are registered trademarks of Standard
& Poor's Financial Services LLC ("S&P"); Dow Jones® is a
registered trademark of Dow Jones Trademark Holdings LLC ("Dow
Jones"); and these trademarks have been licensed for use by SPDJI
and sublicensed for certain purposes by Invesco Canada Ltd. Invesco
Canada Ltd.'s Invesco 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.
S&P®, Standard & Poor's®, S&P 500 Index, and S&P
500 Momentum® are registered trademarks of Standard & Poor's
Financial Services LLC and have been licensed for use by S&P
Dow Jones Indices LLC. The S&P Momentum Index is a product of
S&P Dow Jones Indices LLC and has been licensed for use by
Invesco Canada Ltd. This Invesco ETF is not sponsored, endorsed,
sold or promoted by S&P Dow Jones Indices LLC, and S&P Dow
Jones Indices LLC makes no representation regarding the
advisability of investing in such a product.
The S&P 500® Momentum Index (the "Index") is a product of
S&P Dow Jones Indices LLC, a division of S&P Global, or its
affiliates ("SPDJI"), and has been licensed for use by Invesco
Canada Ltd. Standard & Poor's®, S&P®, and S&P 500® are
registered trademarks of Standard & Poor's Financial Services
LLC, a division of S&P Global ("S&P"); Dow Jones® is a
registered trademark of Dow Jones Trademark Holdings LLC ("Dow
Jones") and has been licensed for use by SPDJI. This Invesco ETF is
not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones,
S&P, or their respective affiliates and none of such parties
make any representation regarding the advisability of investing in
such product(s) nor do they have any liability for any errors,
omissions, or interruptions of the Index.
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 Invesco 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)
Invesco is a registered business names of Invesco Canada
Ltd.
Invesco® and all associated trademarks are trademarks of Invesco
Holding Company Limited, used under licence.
© Invesco Canada Ltd., 2022
Contact: Stephanie Diiorio,
stephanie.diiorio@invesco.com, 212-278-9037
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SOURCE Invesco Ltd.