Recognizes innovative Platform Traded
FundsTM (PTFTM)
TORONTO, Nov. 26, 2015 /CNW/ - Invesco Canada
("Invesco") is pleased to accept the Morningstar Canada Award for Best Use of
Technology. The award, which recognizes the innovation behind
Invesco's Platform Traded Funds (PTFs), was announced last night at
the 2015 Morningstar Awards gala in Toronto.
PTFs offer an entirely new process for delivering active money
management. PTFs are designed exclusively for fee-based investors
who work with either discretionary or non-discretionary
advisors.
"I am immensely proud of what the Invesco team has achieved in
developing PTFs," says Peter
Intraligi, President of Invesco Canada. "This award is a
testament to their many months of hard work and relentless focus on
delivering a superior investment experience for our clients."
The patent-pending technology behind PTFs is currently the only
method for an advisor to place orders for a traditional actively
managed mutual fund through their equity-trading platform.
Fee-based advisors place orders for PTFs through their
equity-trading platforms as they would an ETF or stock, simply
using the PTF ticker symbol. There are no minimum investment
requirements and orders are filled using end-of-day net asset value
(NAV), avoiding bid-ask spreads. Since PTFs transact on an
equity-trading platform, features like bulk trading are also
available for discretionary advisors.
This trading system creates significant efficiencies, and
materially reduces the cost of investing for the end investor.
"In developing PTFs, we deconstructed the delivery of active
money management to create a process that is far more efficient,"
says Intraligi. "This isn't just about lower cost; we've solved a
number of challenges that are unique to fee-based investing. It's a
real breakthrough."
For more information, please visit www.invesco.ca. You
can also connect with Invesco Canada on Twitter (@InvescoCanada),
LinkedIn or Facebook, and get insights from the Trimark portfolio
managers on the Trimark Investments blog.
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.
About Morningstar Research, Inc. and Morningstar,
Inc.
Morningstar Research, Inc. is a Canadian subsidiary of
Chicago-based Morningstar, Inc., a
leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of
products and services for individual investors, financial advisors,
asset managers, and retirement plan providers and sponsors.
Morningstar provides data on more than 500,000 investment
offerings, including stocks, mutual funds, and similar vehicles,
along with real-time global market data on more than 17 million
equities, indexes, futures, options, commodities, and precious
metals, in addition to foreign exchange and Treasury markets.
Morningstar also offers investment management services through its
investment advisory subsidiaries, with more than US$170 billion in assets under advisement and
management as of Sept. 30, 2015. The
company has operations in 27 countries.
Commissions, trailing commissions, management fees and expenses
may all be associated with mutual fund investments. Mutual funds
are not guaranteed, their values change frequently and past
performance may not be repeated. Please read the simplified
prospectus before investing. Copies are available from your advisor
or Invesco Canada Ltd.
* Invesco®, Platform Traded FundTM,
PTFTM 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. Trimark®, Knowing
pays® and all associated trademarks are trademarks of
Invesco Canada Ltd.
© Invesco Canada Ltd., 2015
SOURCE Invesco Canada Ltd.