TORONTO, May 18, 2016 /CNW/ - PowerShares Canada
today announced the May 2016
distributions for its exchange-traded funds (ETFs) listed on the
Toronto Stock Exchange (TSX). Unitholders of record on May 30, 2016 will receive cash distributions
payable on June 7, 2016. Details of
the "per-unit" distribution amounts are as follows:
PowerShares ETF
name
|
Ticker
symbol†
|
Distribution per
unit ($)
|
Payment
frequency
|
Asset
allocation
|
PowerShares Low
Volatility Portfolio ETF – CAD
|
PLV
|
0.04858
|
Monthly
|
Fixed
income
|
PowerShares Tactical
Bond ETF
|
PTB
|
0.05818
|
Monthly
|
PowerShares 1-3 Year
Laddered Floating Rate Note
Index ETF
|
PFL
|
0.01420
|
Monthly
|
PowerShares 1-5 Year
Laddered Investment Grade Corporate Bond Index ETF
|
PSB
|
0.06530
|
Monthly
|
PowerShares
LadderRite U.S. 0-5 Year Corporate
Bond Index ETF – CAD
|
USB
|
0.07432
|
Monthly
|
PowerShares
LadderRite U.S. 0-5 Year Corporate
Bond Index ETF – USD
|
USB.U
|
0.05761
|
Monthly
|
PowerShares Ultra
Liquid Long Term Government
Bond Index ETF
|
PGL
|
0.06736
|
Monthly
|
PowerShares Senior
Loan (CAD Hedged) Index ETF
|
BKL
|
0.07147
|
Monthly
|
PowerShares
Fundamental High Yield Corporate
Bond (CAD Hedged) Index ETF
|
PFH
|
0.07711
|
Monthly
|
Equity
income
|
PowerShares Canadian
Preferred Share Index ETF
|
PPS
|
0.07034
|
Monthly
|
PowerShares Canadian
Dividend Index ETF
|
PDC
|
0.08523
|
Monthly
|
PowerShares Global
Shareholder Yield ETF – CAD
|
PSY
|
0.01967
|
Monthly
|
PowerShares Global
Shareholder Yield ETF – USD
|
PSY.U
|
0.01525
|
Monthly
|
Low volatility
equity
|
PowerShares
S&P/TSX Composite Low Volatility Index ETF
|
TLV
|
0.07783
|
Monthly
|
PowerShares S&P
500 Low Volatility (CAD Hedged) Index ETF
|
ULV
|
0.04079
|
Monthly
|
†A ticker symbol ending with ".U" represents
U.S.-dollar-denominated units. Distributions are paid in U.S.
dollars. U.S.-dollar-denominated units do not provide a currency
hedge between the Canadian dollar and the U.S. dollar. The tax
composition of the PowerShares ETFs' distributions will be
determined on an annual basis and will only be available after the
PowerShares ETFs' tax year-end.
To learn more about PowerShares Canada's smart beta ETFs and
funds, visit www.powershares.ca or connect with Invesco Canada on
Twitter (@InvescoCanada), LinkedIn or Facebook.
About Invesco Canada Ltd.
Invesco Canada Ltd.,
operating under three distinct yet complementary product brands
(Trimark, Invesco and PowerShares), is one of Canada's 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 Canada and around
the world. Additional information is available at
www.invesco.ca.
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 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 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.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 the applicable index, and are 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
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.
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 registered trademarks of The Nasdaq OMX Group, Inc. ("Nasdaq
OMX") and LadderRite® is a registered trademark of
LadderRite Portfolios LLC ("LadderRite"). Nasdaq®,
OMX®, Nasdaq OMX® and LadderRite®
are collectively the "Marks". The Marks are used under licence to
PowerShares Capital Management LLC and Invesco Canada Ltd. The
product(s) have not been passed on by Nasdaq OMX or LadderRite as
to their legality or suitability. The product(s) are not issued,
endorsed, sold, or promoted by Nasdaq OMX or LadderRite, and NASDAQ
OMX AND LADDERRITE MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH
RESPECT TO THE PRODUCT(S).
FTSE TMX Global Debt Capital Markets Inc. ("FTDCM"), FTSE
International Limited ("FTSE"), the London Stock Exchange Group
companies (the "Exchange") or TSX Inc. ("TSX" and together with
FTDCM, FTSE and the Exchange, the "Licensor Parties"). The Licensor
Parties make no warranty or representation whatsoever, expressly or
impliedly, either as to the results to be obtained from the use of
the FTSE TMX Canada Investment Grade 1-5 Year Laddered Corporate
Bond Index, FTSE TMX Canada Ultra Liquid Long Government Bond Index
and FTSE TMX Canada 1-3 Year Laddered Floating Rate Note Index (the
"Indexes") and/or the figure at which the Indexes stand at any
particular time on any particular day or otherwise. The Indexes are
compiled and calculated by FTDCM and all copyright in the Indexes'
values and constituent lists vests in FTDCM. The Licensor Parties
shall not be liable (whether in negligence or otherwise) to any
person for any error in the Index and the Licensor Parties shall
not be under any obligation to advise any person of any error
therein.
"TMX" is a trademark of TSX Inc. and is used under licence.
"FTSE®" is a trademark of FTSE International Limited in
Canada and Taiwan, and "FTSE®" is a trademark
of the London Stock Exchange Group companies in the rest of the
world, and is used by FTDCM under licence.
S&P®, S&P 500®, and S&P 500
Low Volatility Index® are registered trademarks of
Standard & Poor's Financial Services LLC and have been licensed
for use by S&P Dow Jones Indices LLC and sublicensed for
certain purposes by Invesco Canada Ltd.
LSTA® is a registered trademark of Loan Syndications
and Trading Association and has been licensed for use by S&P
Dow Jones Indices LLC and Invesco Canada Ltd.
TSX is a trademark of TSX Inc. ("TSX") and has been licensed for
use by S&P Dow Jones Indices LLC and Invesco Canada Ltd.
The S&P/TSX Composite Low Volatility Index, S&P 500 Low
Volatility Index (CAD Hedged), S&P BMI International Developed
Low Volatility Index, S&P BMI Emerging Markets Low
Volatility Index and S&P/LSTA U.S. Leveraged Loan 100 Index
(CAD Hedged) (the "Indices") are products of S&P Dow Jones
Indices LLC, and have been licensed for use by Invesco
Canada Ltd. Invesco Canada Ltd.'s PowerShares Index ETFs are not
sponsored, endorsed, sold or promoted by S&P Dow Jones Indices
LLC, its affiliates, LSTA or TSX, and none of such parties make any
representation regarding the advisability of investing in such a
product.
PowerShares Canada 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., 2016
SOURCE Invesco Canada Ltd.