Suite of Fundamental Index
July 24, 2013
/CNW/ - PowerShares Canada, an affiliate of Invesco PowerShares Capital Management LLC (Invesco PowerShares), a leading global provider of exchange-traded funds (ETFs), announced the PowerShares suite of fundamental index ETFs recently surpassed
in assets under management (AUM) globally.
PowerShares fundamental-weighted index ETFs trade in
, the U.S. and
"Since launching in 2009, PowerShares Canada has been focused on providing investors with a diverse family of 'smart beta' strategies," said
, Head of Distribution, PowerShares Canada. "Investors looking for higher risk-adjusted returns than those of a cap-weighted benchmark are readily adopting ETFs that employ smart beta strategies, such as fundamental, low-volatility and high-beta indexing."
PowerShares Canada's Fundamental Index
ETFs and mutual funds are based on the Research Affiliates
strategy. This index methodology selects and weights constituents using four fundamental measures of company size: book value, cash flow, sales and dividends. By using four fundamental factors rather than one, this methodology is a more robust means of capturing a company's true economic footprint.
"PowerShares Canada's fundamentals-weighted funds and ETFs seek to provide investors with higher risk-adjusted returns compared to cap-weighted benchmarks," said Cooke. "We believe these funds and ETFs provide investors with an important alternative to passive cap-weighted strategies and also represents great value compared to many actively managed portfolios in the marketplace when relative performance and fees are considered."
PowerShares Canada currently offers four equity mutual funds, two equity ETFs and one fixed-income ETF based on the RAFI Fundamental Index
"We are proud to partner with PowerShares Canada on their suite of funds and ETFs," said
, Global Head of Affiliate Relations at Research Affiliates, LLC. "In an era of lower expected returns, it is important to provide investors better tools for their toolkit."
To learn more about PowerShares Canada, please visit
About Invesco Canada Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of
leading investment management companies. A subsidiary of Invesco Ltd., Invesco Canada's singular focus is on investment management, offering a diversified suite of solutions to institutions, organizations, companies and individual investors across
and around the world. Additional information is available at
About Invesco Ltd.
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 New York Stock Exchange under the symbol IVZ. Additional information is available at
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