Welcome!

News Feed Item

Invesco announces estimated 2012 annual distributions for TSX-listed PowerShares ETFs

TORONTO, Nov. 23, 2012 /CNW/ - Invesco today announced estimated 2012 annual distributions for the PowerShares exchange-traded funds (ETFs) listed on Toronto Stock Exchange. Unitholders of record on December 28, 2012 will receive these distributions, which will generally consist of capital gains only. The distributions will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their investment.

Note that these figures are estimates only, as of November 16, 2012, and are subject to change prior to the December 15, 2012 taxation year-end of the ETFs. These estimates are for annual amounts only and do not include estimates of ongoing monthly or quarterly cash distributions.

Final year-end distribution amounts, as well as the ongoing monthly and quarterly cash distribution amounts, will be announced on or about December 17, 2012. The tax characteristics for all distributions declared in 2012 will be reported before the end of February 2013.

PowerShares ETF name Ticker Estimated
annual
distribution
per unit ($)
Fixed Income
PowerShares Tactical Bond ETF PTB 0.00000
PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF PSB 0.00000
PowerShares Ultra DLUX Long Term Government Bond Index ETF PGL 0.05559
PowerShares Senior Loan (CAD Hedged) Index ETF BKL 0.06249
PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF PFH 0.00000
Equity Income
PowerShares Canadian Preferred Share Index ETF PPS 0.00000
PowerShares Canadian Dividend Index ETF PDC 0.30201
Fundamental Equity
PowerShares FTSE RAFI Canadian Fundamental Index ETF PXC 0.00000
PowerShares FTSE RAFI US Fundamental (CAD Hedged) Index ETF PXU 0.00000
Low Volatility Equity
PowerShares S&P/TSX Composite Low Volatility Index ETF TLV 0.00000
PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF ULV 0.07974
High Beta Equity
PowerShares S&P/TSX Composite High Beta Index ETF THB 0.00000
PowerShares S&P 500 High Beta (CAD Hedged) Index ETF UHB 0.00000
US Equity
PowerShares QQQ (CAD Hedged) Index ETF QQC 0.15471

To learn more about TSX-listed PowerShares ETFs, please visit www.powershares.ca.

About Invesco Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of Canada's 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 Canada 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 New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

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 www.powershares.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.

Most PowerShares ETFs seek to replicate, before fees and expenses, the performance of an applicable Index and are 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 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 a PowerShares ETF is actively managed, then the Sub-advisor has discretion to adjust that PowerShares ETF's holdings in accordance with the ETF's investment objectives and strategies.

This piece was produced by Invesco Canada Ltd. ETFs are not diversified investments. PowerShares Canada is a registered business name of Invesco Canada Ltd.

PowerShares Canadian Dividend Index ETF and PowerShares Canadian Preferred Share Index ETF are not in any way sponsored, endorsed, sold or promoted by Mergent, Inc. (Indxis) and Indxis does not make any warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Indxis Select Canadian Dividend Index or the Indxis Select Canadian Preferred Share Index (the "Indexes") and/or the figure at which the said Indexes stand at any particular time on any particular day or otherwise. The Indexes are compiled and calculated by Indxis. Indxis shall not be liable (whether in negligence or otherwise) to any person for any error in the Indexes and Indxis shall not be under any obligation to advise any person of any error therein. The Indexes are the exclusive property of Indxis, Inc.

DEX Investment Grade 1-5 Year Laddered Corporate Bond Index and DEX Ultra DLUX Long Government Bond Index are trademarks of PC-BOND. These marks have been sublicensed for use for certain purposes to Invesco Canada Ltd. by PC-Bond, a business unit of TSX Inc. PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF and PowerShares Ultra DLUX Long Term Government Bond Index ETF (the "Products") are not sponsored, endorsed, sold or promoted by PC-BOND, its affiliates (including TSX Group Inc.) and third party data suppliers (collectively, "PC-Bond Group"). PC-Bond Group make no representation, warranty, or condition regarding the advisability of investing in the Products.

Investors should be aware of the risks associated with data sources and quantitative processes used in our investment management process. Errors may exist in data acquired from third party vendors, the construction of model portfolios, and in coding related to the index and portfolio construction process. While Research Affiliates takes steps to identify data and process errors so as to minimize the potential impact of such errors on index and portfolio performance, we cannot guarantee that such errors will not occur. "Fundamental Index®" and/or "Research Affiliates Fundamental Index®" and/or "RAFI®" and/or all other RA trademarks, trade names, patented and patent-pending concepts are the exclusive property of Research Affiliates, LLC.

NASDAQ®, OMX® and NASDAQ OMX® are trade/service marks of The NASDAQ OMX Group, Inc. (which with its affiliates is referred to as the "Corporations") and are used under licence to PowerShares Capital Management LLC and 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).

Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P Dow Jones Indices are trademarks of S&P and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates and sublicensed for certain purposes by Invesco Canada Ltd. The Indices are products of S&P Dow Jones Indices LLC and has been licensed for use by Invesco Canada Ltd. Invesco Canada Ltd.'s product(s) is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates, and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates make any representation regarding the advisability of investing in such product(s).

Invesco is a registered business name of Invesco Canada Ltd.

Invesco® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. PowerShares®, Leading the Intelligent ETF Revolution®, and all associated trademarks are trademarks of Invesco PowerShares Capital Management, LLC (Invesco PowerShares), used under licence.

© Invesco Canada Ltd., 2012

SOURCE Invesco Canada Ltd.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
SaaS companies can greatly expand revenue potential by pushing beyond their own borders. The challenge is how to do this without degrading service quality. In his session at 18th Cloud Expo, Adam Rogers, Managing Director at Anexia, discussed how IaaS providers with a global presence and both virtual and dedicated infrastructure can help companies expand their service footprint with low “go-to-market” costs.
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.