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Securityholders approve Invesco Canada's proposed enhancements to Invesco S&P International Developed Low Volatility Index ETF (ILV)

IVZ, IDLV

Canada NewsWire

TORONTO, Jan. 15, 2019 /CNW/ - Invesco Canada announced that securityholders have approved the firm's proposed enhancements to Invesco S&P International Developed Low Volatility Index ETF (ILV) at a special meeting held in Toronto today.

ILV's investment objectives will be as follows:

The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P EPAC Ex. Korea Low Volatility Index, or any successor thereto, on an unhedged basis, in the case of any unhedged units, or on a hedged basis, in the case of any hedged units. ILV invests, directly or indirectly, primarily in low volatility equity securities of companies located in developed markets within the Europe and Asia Pacific regions, excluding Korea.

At today's meeting, securityholders also approved changes to ILV's expenses payable to include expenses related to tax agents and tax reclaims.

These enhancements are expected to be implemented on or about January 28, 2019.  

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 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 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.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.

Some 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 ETF is actively managed, then the sub-advisor has discretion to adjust that ETF's holdings in accordance with the ETF's investment objectives and strategies.

The S&P EPAC Ex. Korea Low Volatility 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®, and S&P®, 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.  Invesco ETFs are 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.

Invesco® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence.

Invesco Canada is a registered business name of Invesco Canada Ltd.

© Invesco Canada Ltd., 2019

SOURCE Invesco Canada Ltd.

View original content: http://www.newswire.ca/en/releases/archive/January2019/15/c5980.html



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