Invesco files ETF prospectus

Invesco Canada will add to its lineup of ETFs, having filed a preliminary prospectus with Canadian securities regulators for the Invesco S&P 500 Equal Weight Index ETF.

The fund will seek to replicate, before fees and expenses, the performance of the S&P 500 Equal Weight Index on an unhedged basis, in the case of unhedged units, or on a hedged basis, in the case of hedged units.

The ETF invests primarily in U.S. equities.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.