Product launch

Invesco launches three PowerShares ETFs

A day after launching two fixed income ETFs, Invesco has unveiled three more PowerShares ETFs, including one equity and two equity-income mandates. PowerShares QQQ (CAD Hedged) Index ETF seeks to replicate, before fees and expenses, the performance of the NASDAQ-100 Currency Hedged CAD Index. The ETF will distribute income quarterly. PowerShares Canadian Preferred Share Index […]

By Staff |June 16, 2011

1 min read

First PowerShares listed in Canada

Invesco has listed two PowerShares ETFs on TSX today, the company’s first-ever ETF launch on a Canadian exchange. “The arrival of PowerShares ETFs on TSX establishes an exciting new footprint in the Canadian marketplace, expanding the range of next-generation ETF solutions available to investors in Canada,” said Ben Fulton, Invesco PowerShares managing director of global […]

By Staff |June 15, 2011

1 min read

XTF launches convertible bond ETF

XTF Capital Corp. has launched the Canadian Convertible Liquid Universe ETF, Canada’s first Convertible Bond ETF. It will begin trading on the TSX on June 7. “The Convertible Bond XTF is unique to Canada,” said Barry Gordon, president and CEO of XTF Capital Corp. and its parent company, First Asset. “Our deep experience with convertible […]

By Staff |June 6, 2011

1 min read

Vanguard launches Canadian business

The Pennsylvania-based investment management company, Vanguard, has opened a Canadian arm—Vanguard Investments Canada Inc. “Extending our reach to the Canadian market in a significant way is an important step in the development of our global business,” said Vanguard chair and CEO William McNabb. “Although Canada has a very well-developed asset management market, we believe our […]

By Staff |June 6, 2011

2 min read