TORONTO, June 19, 2012 /CNW/ - Invesco Canada today announced the June 2012 distributions for the PowerShares exchange-traded funds (ETFs) listed on Toronto Stock Exchange. Unitholders of record on June 28, 2012 will receive cash distributions payable on July 9, 2012. Details of the "per unit" distribution amounts are as follows:
|PowerShares ETF name||Ticker||
per unit ($)
|PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF||PSB||0.07456||Monthly|
|PowerShares Ultra DLUX Long Term Government Bond Index ETF||PGL||0.06666||Monthly|
|PowerShares Senior Loan (CAD Hedged) Index ETF||BKL||0.08389||Monthly|
|PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF||PFH||0.08865||Monthly|
|PowerShares Canadian Preferred Share Index ETF||PPS||0.06936||Monthly|
|PowerShares Canadian Dividend Index ETF||PDC||0.06464||Monthly|
|PowerShares FTSE RAFI Canadian Fundamental Index ETF||PXC||0.14555||Quarterly|
|PowerShares FTSE RAFI US Fundamental (CAD Hedged) Index ETF||PXU||0.07800||Quarterly|
|PowerShares S&P/TSX Composite Low Volatility Index ETF||TLV||0.05474||Monthly|
|PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF||ULV||0.04419||Monthly|
|PowerShares S&P/TSX Composite High Beta Index ETF||THB||0.04486||Quarterly|
|PowerShares S&P 500 High Beta (CAD Hedged) Index ETF||UHB||0.03486||Quarterly|
|PowerShares QQQ (CAD Hedged) Index ETF||QQC||0.05017||Quarterly|
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 TSX-listed PowerShares ETFs, please visit www.powershares.ca.
Commissions, management fees and expenses may all be associated with investments in exchange-traded funds. Exchange-traded funds 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 at www.powershares.ca.
There are risks involved with investing in ETFs, including the risk of error in replicating the underlying Index. 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. ETFs are not diversified investments.
Each PowerShares ETF seeks to replicate, before fees and expenses, the performance of the applicable Index and is not actively managed. This means that the Sub-advisor will not attempt to take defensive positions in declining markets but rather 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.
This piece was produced by Invesco. Invesco is a registered business name of Invesco Canada Ltd.
A subsidiary of Invesco Ltd., Invesco Canada offers a diversified suite of investment solutions to institutions, organizations, companies and individual investors across Canada and around the world. Invesco 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 retail, institutional and high net worth 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.
NASDAQ®, OMX®, NASDAQ OMX®, NASDAQ-lOO®, NASDAQ-lOO Index®, NASDAQ-100 Currency Hedged CAD IndexSM, NASDAQ-100 Index Tracking Stock® and QQQ® are registered trademarks and service marks of The NASDAQ OMX GROUP, Inc. (which with its affiliates is referred to as the "Corporations") and are used under license to PowerShares Capital Management LLC., which has sub-licensed certain rights to Invesco Canada Ltd. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
Invesco and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares).
© Invesco Canada Ltd., 2012
Vice President, Corporate Affairs