PowerShares Canada announces cash distributions for TSX-listed ETFs

TORONTO, March 19, 2015 /CNW/ - PowerShares Canada today announced the March 2015 distributions for its exchange-traded funds (ETFs) listed on the Toronto Stock Exchange. Unitholders of record on March 30, 2015 will receive cash distributions payable on April 8, 2015. Details of the "per-unit" distribution amounts are as follows:

Due to the termination of PowerShares S&P/TSX Composite High Beta Index ETF ("THB") and PowerShares S&P 500 High Beta (CAD Hedged) Index ETF ("UHB") effective the close of business on or about April 6, 2015 (as announced on January 16, 2015), there will be no quarterly distribution for these two funds and a final distribution, if any, will occur at the time of termination.

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 PowerShares Canada's smart beta ETFs and funds, visit www.powershares.ca or connect with Invesco Canada on Twitter (@InvescoCanada), LinkedIn or Facebook.

About Invesco Canada Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of Canada's leading investment management companies. A subsidiary of Invesco Ltd., Invesco Canada's singular focus is on investment management, offering a diversified suite of solutions to institutions, organizations, companies and individual investors across Canada and around the world. Additional information is available at www.invesco.ca.

About Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, 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 clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

Commissions, management fees and expenses may all be associated with investments in exchange-traded funds (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 www.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.

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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.

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Standard & Poor's^® and S&P^® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and have been sublicensed for certain purposes by Invesco Canada Ltd. TSX is a registered trademark of TSX Inc. and LSTA is a registered trademark of Loan Syndications and Trading Association and both have 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/TSX Composite High Beta Index, S&P 500 Low Volatility Index (CAD Hedged), S&P 500 High Beta Index (CAD Hedged) and S&P/LSTA U.S. Leveraged Loan 100 Index (CAD Hedged) are products of S&P Dow Jones Indices LLC, and have been licensed for use by Invesco Canada Ltd. None of the Funds or ETFs that utilize such indices are sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates, or third party licensors and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates nor their third party licensors make any representation regarding the advisability of investing in such products.

S&P^®, S&P 500^®, S&P 500 Low Volatility Index^®, and S&P 500 High Beta Index^TM 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/TSX Composite High Beta Index, S&P 500 Low Volatility Index (CAD Hedged), S&P 500 High Beta 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 is a registered business name of Invesco Canada Ltd.

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© Invesco Canada Ltd., 2015

SOURCE Invesco Canada Ltd.