Invesco to launch six new ETFs

Invesco announced Monday that a preliminary prospectus has been filed with the Canadian securities regulators for six new PowerShares exchange-traded funds (ETFs).

“PowerShares Funds, which bring ETFs into the mutual fund structure, have been available to Canadian investors since November 2009. With our new offering, we are providing Canadians with another way to access PowerShares ETFs, to suit their particular needs,” said Peter Intraligi, president and COO at Invesco Trimark.

The new PowerShares ETFs are:

• PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF
• PowerShares Ultra DLUX Long Term Government Bond Index ETF
• PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF
• PowerShares Canadian Dividend Index ETF
• PowerShares Canadian Preferred Share Index ETF
• PowerShares QQQ (CAD Hedged) Index ETF

Staff

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