Sept. 17, 2012
/CNW/ - PowerShares Canada announced today that it has reached a significant milestone, recently topping
in Canadian assets under management in its PowerShares ETFs and PowerShares
TSX-listed ETF assets have grown in excess of 25% since
, making the company the fastest-growing new exchange-traded fund (ETF) provider in
"Our tremendous growth over the last year is a testament to our commitment and dedication to changing the Canadian ETF landscape," said
, Head of Distribution for PowerShares Canada.
, PowerShares Canada has launched 14 TSX-listed ETFs, complementing its lineup of 21 distinct PowerShares mutual funds.
In a market dominated by cap-weighted index ETFs, PowerShares Canada is leading the intelligent ETF revolution. Calling the last 12 months "a year of firsts," Cooke highlighted the following ETF innovations for PowerShares Canada:
- Canada's first suite of low-volatility index ETFs, PowerShares S&P/TSX Composite Low Volatility Index ETF [TSX:TLV] and PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF [TSX:ULV];
- Canada's first high-beta index ETFs, PowerShares S&P/TSX Composite High Beta Index ETF [TSX:THB] and PowerShares S&P 500 High Beta (CAD Hedged) Index ETF [TSX:UHB];
- Canada's first fundamental high-yield ETF, PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF [TSX:PFH]; and
- Canada's first senior loan ETF, PowerShares Senior Loan (CAD Hedged) Index ETF [TSX:BKL].
, Cooke will join Invesco Canada President
to ring the opening bell for the TSX, celebrating the recent launch of PowerShares Tactical Bond ETF [TSX:PTB], PowerShares Canada's first actively managed ETF.
Part of the Invesco Ltd. family, PowerShares Canada is now the nation's fourth-largest ETF provider. For more information on PowerShares Canada's innovative lineup of ETFs and mutual funds, please visit
About Invesco Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of
largest investment management companies. A subsidiary of Invesco Ltd., Invesco Canada offers a diversified suite of investment solutions to institutions, organizations, companies and individual investors across
and around the world. 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 retail, institutional and high-net-worth clients around the world. Operating in more than 20 countries, the firm is listed on the
Stock Exchange under the symbol IVZ. Additional information is available at
Commissions, management fees and expenses may all be associated with investments in exchange-traded funds (ETF's). 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
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.