Invesco Canada Announces Fee Waiver Extension of Certain Active ETFs and Name Change to Invesco 1-3 Year Laddered Floating Rate Note Index ETF

TORONTO, Jan. 31, 2025 /CNW/ -- Invesco Canada Ltd. ("Invesco") announced that it will waive the full 34 bps management fee on Invesco S&P 500 Equal Weight Income Advantage ETF (QQCI) and Invesco NASDAQ 100 Income Advantage ETF (EQLI) until at least June 30, 2025 as detailed in the table below. 

This extends the fee waiver period Invesco previously announced, which was until February 28, 2025.

Also, effective today, Invesco announced that Invesco 1-3 Year Laddered Floating Rate Note Index ETF ("PFL") will change its name to Invesco Canadian Government Floating Rate Index ETF. This change is a result of a change to the name of the index PFL tracks and will better align with PFL's investment strategy and objectives. The ISIN and ticker will not change.  

About Invesco Ltd.

Invesco Ltd. 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$1.85 trillion in assets on behalf of clients worldwide as of December 31, 2024. For more information, visit 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 invesco.ca.

S&P 500^® Equal Weight Index (the "Index") is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and have been licensed for use by Invesco Capital Management LLC and its sublicensees (collectively, the "Licensees"). S&P^® and S&P 500^® are registered trademarks of S&P Global or its affiliates ("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 SPDJI and sublicensed for certain purposes by the Licensees. Invesco S&P 500 Equal Weight Income Advantage ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, and their respective affiliates and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the Indices.

Invesco NASDAQ 100 Index ETF is a registered trademark of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and is licensed for use by Invesco Capital management LLC and sub-licensed by Invesco Canada Ltd.  Invesco NASDAQ 100 Income Advantage ETF (the "Product") has not been passed on by the Corporations as to its legality or suitability. The Product is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT.

Invesco Canadian Government Floating Rate Index ETF (formerly, Invesco 1-3 Year Laddered Floating Rate Note Index ETF) has been developed solely by Invesco. Invesco Canadian Government Floating Rate Index ETF is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). FTSE Russell is a trading name of certain of the LSE Group companies.  All rights in the FTSE Canada Government Floating Rate Note Index (formerly, FTSE Canada 1-3 Year Laddered Floating Rate Note Index) (the "FTSE Index") vests in the relevant LSE Group company, which owns the FTSE Index. "FTSE®" is a trademark of the relevant LSE Group company and is used by any other LSE Group company under license. The FTSE Index is calculated by or on behalf of FTSE International Limited, FTSE Fixed Income, LLC or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the FTSE Index or (b) investment in or operation of the Invesco Canadian Government Floating Rate Index ETF. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from Invesco Canadian Government Floating Rate Index ETF or the suitability of the FTSE Index for the purpose to which it is being put by Invesco.  

Invesco^® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence.

Invesco is a registered business name of Invesco Canada Ltd.

© Invesco Canada Ltd., 2025

Contact: Samantha Brandifino, +1 332.323.5557, [email protected]

 

SOURCE Invesco Ltd.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2025/31/c6953.html