This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

PowerShares Tactical Bond ETF - Opportunity For Higher Yields While Managing Risk

TORONTO, Aug. 24, 2012 /CNW/ - The fixed-income portion of a portfolio should provide capital preservation, risk management and income generation. In an environment of low yields and economic uncertainty, fixed-income investing has become very complicated. To simplify the process for investors and advisors alike, PowerShares Canada today announced the listing of PowerShares Tactical Bond ETF [TSX:PTB], a diversified fixed-income ETF that seeks to provide both income and capital growth.

This ETF has now closed the initial offering of its units and will be available for trading on TSX when the market opens today.

"This newest ETF provides diversified fixed-income exposure for investors and financial advisors through changing financial markets," said Michael Cooke, Head of Distribution for PowerShares Canada. "Compared to a traditional portfolio of Canadian government and investment-grade corporate bonds, PTB provides the opportunity for higher yields, while managing risk."

Strategically diversified across fixed-income asset classes, PTB invests primarily in a mix of Canadian government, investment-grade corporate and real return bonds, and U.S. high-yield corporate bonds. The ETF employs tactical shifts to take advantage of market opportunities while seeking to protect capital during market downturns.

PTB's holdings will be managed by Invesco's Global Asset Allocation team, which has more than 100 years of combined investment management experience and is led by portfolio manager Scott Wolle, named a 2012 Rising Star of Mutual Funds by "Institutional Investor Intelligence." The GAA team uses an overall diversification strategy that employs asset classes that have historically performed well in different economic cycles: recessionary, non-inflationary growth and inflationary growth.

For more information on PowerShares Canada's growing roster of TSX-listed 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 Canada Ltd. at www.powershares.ca.

This piece was produced by Invesco Canada Ltd. PowerShares Canada is a registered business name of Invesco Canada Ltd.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,086.63 -26.91 -0.16%
S&P 500 1,987.01 +3.48 0.18%
NASDAQ 4,473.6970 +17.6810 0.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs