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Invesco announces cash distributions for Canadian-listed PowerShares ETFs

PFL, PSBZP, T.BESG, USB, IVZ

Canada NewsWire

TORONTO, May 18, 2017 /CNW/ - Invesco today announced the May 2017 distributions for its PowerShares exchange-traded funds (ETFs). Unitholders of record on May 30, 2017 will receive cash distributions payable on June 7, 2017. Details of the "per-unit" distribution amounts are as follows:

PowerShares ETF name 1

Ticker
symbol
2

Distribution
per unit
($)

Payment
frequency

Asset allocation

PowerShares Low Volatility Portfolio ETF – CAD

PLV

0.04380

Monthly

Fixed income

PowerShares 1-3 Year Laddered Floating Rate Note
Index ETF

PFL

0.01381

Monthly

PowerShares 1-5 Year Laddered Investment Grade
Corporate Bond Index ETF

PSB

0.05650

Monthly

PowerShares Fundamental High Yield Corporate Bond
Index ETF – CAD Hedged

PFH.F

0.06929

Monthly

PowerShares LadderRite U.S. 0-5 Year Corporate
Bond Index ETF – CAD

USB

0.06573

Monthly

PowerShares LadderRite U.S. 0-5 Year Corporate
Bond Index ETF – USD

USB.U

0.04901

Monthly

PowerShares Senior Loan Index ETF – CAD

BKL.C

0.05041

Monthly

PowerShares Senior Loan Index ETF – CAD Hedged

BKL.F

0.04858

Monthly

PowerShares Senior Loan Index ETF – USD

BKL.U

0.03707

Monthly

PowerShares Tactical Bond ETF

PTB

0.05388

Monthly

PowerShares Ultra Liquid Long Term Government
Bond Index ETF

PGL

0.06088

Monthly

Equity income

PowerShares Canadian Dividend Index ETF

PDC

0.10195

Monthly

PowerShares Canadian Preferred Share Index ETF

PPS

0.05688

Monthly

PowerShares Global Shareholder Yield ETF – CAD

PSY

0.03315

Monthly

PowerShares Global Shareholder Yield ETF – USD

PSY.U

0.02436

Monthly

PowerShares S&P 500 High Dividend Low Volatility
Index ETF – CAD

UHD

0.05139

Monthly

PowerShares S&P 500 High Dividend Low Volatility
Index ETF – CAD Hedged

UHD.F

0.04978

Monthly

PowerShares S&P 500 High Dividend Low Volatility
Index ETF – USD

UHD.U

0.03779

Monthly

PowerShares S&P Global ex. Canada High Dividend
Low Volatility Index ETF – CAD

GHD

0.04512

Monthly

PowerShares S&P Global ex. Canada High Dividend
Low Volatility Index ETF – CAD Hedged

GHD.F

0.04355

Monthly

Low-volatility equity

PowerShares S&P 500 Low Volatility Index
ETF – CAD

ULV.C

0.03041

Monthly

PowerShares S&P 500 Low Volatility Index
ETF – CAD Hedged

ULV.F

0.04745

Monthly

PowerShares S&P 500 Low Volatility Index
ETF – USD

ULV.U

0.02236

Monthly

PowerShares S&P/TSX Composite Low Volatility
Index ETF

TLV

0.08595

Monthly

 

1 On January 12, 2017, the following name and ticker changes were made: PowerShares Senior Loan (CAD Hedged) Index ETF (BKL) became PowerShares Senior Loan Index ETF (BKL.F), PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF (PFH) became PowerShares Fundamental High Yield Corporate Bond Index ETF (PFH.F) and PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF (ULV) became PowerShares S&P 500 Low Volatility Index ETF (ULV.F).

On May 11, 2017, two additional series were offered on PowerShares Senior Loan Index ETF (BKL.F): BKL.C (CAD unhedged) and BKL.U (USD).

2 A ticker symbol ending with ".U" represents U.S.-dollar-denominated units. Distributions are paid in U.S. dollars. U.S.-dollar-denominated units do not provide a currency hedge between the Canadian dollar and the U.S. dollar.

The tax composition of the PowerShares ETFs' distributions will be determined on an annual basis and will be available only after the PowerShares ETFs' tax year-end.

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

About Invesco Ltd.
Invesco Ltd. is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; 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 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.

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.

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 PowerShares 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).

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") 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.

"TMX" is a trademark of TSX Inc. and is used under licence. "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 FTDCM under licence.

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.

S&P®, S&P 500®, S&P 500 Low Volatility Index®, S&P 500® Low Volatility High Dividend Index and S&P Global 1200 Ex-Canada Low Volatility Index ETF 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.

The S&P/TSX Composite Low Volatility Index, S&P 500 Low Volatility Index, S&P 500 Low Volatility High Dividend Index, S&P Global 1200 Ex-Canada Low Volatility High Dividend Index, S&P BMI International Developed Low Volatility Index, S&P BMI Emerging Markets Low Volatility Index and S&P/LSTA U.S. Leveraged Loan 100 Index are products of S&P Dow Jones Indices LLC, and have 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 makes any representation regarding the advisability of investing in such product.

Invesco and Invesco Canada are registered business names of Invesco Canada Ltd.

Invesco® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. PowerShares® and all associated trademarks are trademarks of Invesco PowerShares Capital Management LLC (Invesco PowerShares), used under licence.

© Invesco Canada Ltd., 2017

SOURCE Invesco Canada Ltd.

View original content: http://www.newswire.ca/en/releases/archive/May2017/18/c5647.html