Home Breadcrumb caret Industry News Breadcrumb caret Industry Invesco Canada makes several fund changes Invesco Canada has made name changes to its lineup of mutual funds and institutional pooled funds. The investment objectives, strategies and portfolio management teams remain the same for all but five funds, as detailed below. The changes, which are effective at close of business Friday, are outlined in the following tables. Previous name New name […] By Staff | July 27, 2018 | Last updated on July 27, 2018 4 min read Invesco Canada has made name changes to its lineup of mutual funds and institutional pooled funds. The investment objectives, strategies and portfolio management teams remain the same for all but five funds, as detailed below. The changes, which are effective at close of business Friday, are outlined in the following tables. Previous name New name Invesco Canadian Balanced Fund Invesco Canadian Premier Balanced Fund Invesco Advantage Bond Fund Invesco Active Multi-Sector Credit Fund Trimark Diversified Yield Class Invesco Diversified Yield Class Trimark Global Balanced Fund/Class Invesco Global Balanced Fund/Class Trimark Global Diversified Income Fund Invesco Global Diversified Income Fund Trimark Income Growth Fund Invesco Income Growth Fund Trimark Select Balanced Fund Invesco Select Balanced Fund Trimark Canadian Fund/Class Invesco Canadian Fund/Class Trimark Canadian Endeavour Fund Invesco Canadian Endeavour Fund Trimark Canadian Opportunity Fund/Class Invesco Canadian Opportunity Fund/Class Trimark Canadian Plus Dividend Class Invesco Canadian Plus Dividend Class Trimark Canadian Small Companies Fund Invesco Canadian Small Companies Fund Trimark Fund Invesco Global Companies Fund Trimark Global Dividend Class Invesco Global Dividend Class Trimark Global Endeavour Fund/Class Invesco Global Endeavour Fund/Class Trimark Global Small Companies Class Invesco Global Small Companies Class Trimark Global Fundamental Equity Fund/Class Invesco Global Diversified Companies Fund/Class Trimark Emerging Markets Class Invesco Emerging Markets Class Trimark Europlus Fund Invesco Europlus Fund Trimark International Companies Fund/Class Invesco International Companies Fund/Class Invesco Short-Term Bond Fund Invesco Canadian Short-Term Bond Fund Trimark Interest Fund Invesco Canadian Interest Fund Trimark U.S. Money Market Fund Invesco U.S. Money Market Fund Trimark Energy Class Invesco Energy Class Trimark Resources Fund Invesco Resources Fund Trimark U.S. Companies Fund/Class Invesco U.S. Companies Fund/Class Trimark U.S. Small Companies Class Invesco U.S. Small Companies Class PowerShares fund name changes Previous name New name PowerShares 1-5 Year Laddered Corporate Bond Index Fund Invesco 1-5 Year Laddered Corporate Bond Index ETF Fund PowerShares Real Return Bond Index Fund Invesco Canadian Real Return Bond Index Fund PowerShares High Yield Corporate Bond Index Fund Invesco U.S. High Yield Bond Index Fund PowerShares Tactical Bond Fund Invesco Tactical Bond ETF Fund PowerShares Canadian Dividend Index Class Invesco Canadian Dividend Index ETF Class PowerShares Canadian Preferred Share Index Class Invesco Canadian Preferred Share Index ETF Class PowerShares Global Dividend Achievers Fund Invesco Global Dividend Achievers ETF Fund PowerShares FTSE RAFI® Canadian Fundamental Index Class Invesco FTSE RAFI Canadian Index ETF Class PowerShares FTSE RAFI® Emerging Markets Fundamental Class Invesco FTSE RAFI Emerging Markets ETF Class PowerShares FTSE RAFI® Global+ Fundamental Fund Invesco FTSE RAFI Global+ ETF Fund PowerShares FTSE RAFI® U.S. Fundamental Fund Invesco FTSE RAFI U.S. ETF Fund PowerShares Canadian Low Volatility Index Class Invesco S&P/TSX Composite Low Volatility Index ETF Class PowerShares U.S. Low Volatility Index Fund Invesco S&P 500 Low Volatility Index ETF Fund Institutional pool name changes Previous name New name Invesco Select Global Equity Pool Invesco Global Select Pool Invesco Select Global Equity ex-Tobacco Pool Invesco Global Select ex-Tobacco Pool Invesco Select Global Small Companies Equity Pool Invesco Global Small Companies Pool Invesco Select Emerging Markets Equity Pool Invesco Emerging Markets Select Pool Read: Now isn’t the time to expand cost reporting: IIAC to MFDA Risk rating changes Invesco also announced changes to the risk rating for the following funds or series, effective Friday: Fund Current risk classification Revised risk classification Invesco Intactive Maximum Growth Portfolio Medium Low to medium Invesco Intactive Maximum Growth Portfolio Class Medium Low to medium Invesco Active Multi-Sector Credit Fund Low to medium Low Invesco FTSE RAFI Global+ ETF Fund Medium Medium to high Invesco FTSE RAFI U.S. ETF Fund Medium Medium to high Invesco Global Small Companies Class Medium to high Medium Invesco U.S. Small Companies Class Medium to high Medium Invesco U.S. Companies Class – Series H Medium Medium to high The risk rating changes were made in accordance with the risk classification methodology introduced by the Canadian Securities Administrators to determine the risk level of mutual funds. There are no changes to the investment objectives, strategies or management of the funds other than the changes noted below. Read: CI changes risk ratings for funds Previously announced objective changes On July 17, 2018, securityholders approved changes to the investment objectives of the following funds: Invesco Active Multi-Sector Credit Fund (formerly known as Invesco Advantage Bond Fund) Invesco 1-5 Year Laddered Corporate Bond Index ETF Fund (formerly known as PowerShares 1-5 Year Laddered Corporate Bond Index Fund) Invesco Canadian Dividend Index ETF Class (formerly known as PowerShares Canadian Dividend Index Class) Invesco Canadian Preferred Share Index ETF Class (formerly known as PowerShares Canadian Preferred Share Index Class) Invesco FTSE RAFI Canadian Index ETF Class (formerly known as PowerShares FTSE RAFI Canadian Fundamental Index Class) Changes to the investment objectives of Invesco Active Multi-Sector Credit Fund were made to allow for a global multi-sector approach, a release said. Changes to the investment objectives of the other funds are expected to increase trading efficiency, as the portfolio management team can invest in the Invesco ETF that tracks each fund’s respective index, rather than buying and selling the underlying securities that make up each index. Also read: TDAM launches mutual fund series options, changes risk ratings Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo