TORONTO, April 28, 2021 /CNW/ -- Invesco Canada Ltd.
("Invesco") today announced changes to an existing Invesco Canada
Fund, the Invesco QQQ Index ETF (QQC.F).
Invesco will change the name of the Invesco QQQ Index ETF
(QQC.F) to the Invesco NASDAQ 100 Index ETF. QQC.F currently holds
securities of Invesco QQQ Trust, Series 1 (Nasdaq ticker:
QQQ). Invesco will change the QQC.F investment strategies so
that it holds securities of QQQ and/or securities of the Invesco
NASDAQ 100 ETF (Nasdaq ticker: QQQM). Each of QQQ and QQQM provides
exposure to the NASDAQ-100 Index. Additionally, the
management fee will be reduced from 0.25% to 0.20%. Each of
these changes will be effective on or about May 14, 2021.
|
Current
|
New (effective on
or about May 14, 2021)
|
|
Fund
Name
|
Invesco QQQ Index
ETF
|
Invesco NASDAQ 100
Index ETF
|
|
Management Fee (%
of NAV)
|
0.25%
|
0.20%
|
Please contact Invesco at 1.800.874.6275. You can also connect
with Invesco on Twitter (@InvescoCanada), LinkedIn, Facebook,
or through the Invesco Canada blog.
About Invesco Ltd.
Invesco Ltd. (Ticker NYSE: IVZ) is a global independent
investment management firm dedicated to delivering an investment
experience that helps people get more out of life. Our distinctive
investment teams deliver a comprehensive range of active, passive
and alternative investment capabilities. With offices in more than
20 countries, Invesco managed US$1.35
trillion in assets on behalf of clients worldwide as of
December 31, 2020. For more
information, visit invesco.com.
Commissions, management fees and expenses may all be associated
with investments in exchange-traded funds (ETFs). 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.invesco.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. The Invesco 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 and the ETF will
continue to provide exposure to each of the securities in the
index
Invesco is a registered business name of Invesco Canada Ltd.
Nasdaq®, is registered trademarks of The Nasdaq OMX
Group, Inc. ("Nasdaq OMX") and is used under licence to Invesco
Capital Management LLC and Invesco Canada Ltd. The product(s) have
not been passed on by Nasdaq OMX as to their legality or
suitability. The product(s) are not issued, endorsed, sold, or
promoted by Nasdaq OMX and NASDAQ OMX MAKES 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.
© Invesco Canada Ltd., 2021
Contact: Gina Simonis, Invesco
Media Relations 917-715-8839
SOURCE Invesco Ltd.
