{"id":45263,"date":"2023-05-13T12:46:36","date_gmt":"2023-05-13T17:46:36","guid":{"rendered":"https:\/\/prefblog.com\/?p=45263"},"modified":"2023-05-13T12:46:36","modified_gmt":"2023-05-13T17:46:36","slug":"pps-powershares-canadian-preferred-share-index-class-terminated","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=45263","title":{"rendered":"PPS: PowerShares Canadian Preferred Share Index Class Terminated"},"content":{"rendered":"

Invesco has announced<\/a> [on 2023-1-23] (although not on their website, as far as I can see):<\/p>\n

Invesco Canada Ltd. (“Invesco”) announced today proposed changes to its Canadian exchange-traded funds (ETFs) and mutual fund line-up. The objective of this initiative is to simplify the firm’s product offerings to enable it to sharpen the focus on areas of highest client demand. Another benefit will be increased capacity to provide better service and support while investing in those high demand products. The products listed below will be set to be terminated in 2023:<\/p>\n

The firm plans to terminate the following TSX-Listed ETFs, effective close of business on or about April 21, 2023:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
Terminating fund<\/td>\nTicker Symbol<\/td>\n<\/tr>\n
Invesco Canadian Preferred Share Index ETF<\/td>\nPPS<\/td>\n<\/tr>\n
Invesco FTSE RAFI Canadian Small-Mid Index ETF<\/td>\nPZC<\/td>\n<\/tr>\n
Invesco FTSE RAFI Global+ Index ETF<\/td>\nPXG, PXG.U<\/td>\n<\/tr>\n
Invesco Global Shareholder Yield ETF<\/td>\nPSY, PSY.U<\/td>\n<\/tr>\n
Invesco LadderRite U.S. 0-5 Year Corporate Bond Index ETF<\/td>\nUSB, USB.U<\/td>\n<\/tr>\n
Invesco S&P\/TSX REIT Income Index ETF<\/td>\nREIT<\/td>\n<\/tr>\n
Invesco S&P Emerging Markets Low Volatility Index ETF<\/td>\nELV<\/td>\n<\/tr>\n
Invesco S&P International Developed Low Volatility Index ETF<\/td>\nILV, ILV.F<\/td>\n<\/tr>\n
Invesco Senior Loan Index ETF<\/td>\nBKL.C, BKL.U, BKL.F<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

The TSX-Listed ETFs will continue to be listed on the Toronto Stock Exchange (“TSX”) until the close of business on or about April 17, 2023, when they are expected to cease trading and be delisted. No further subscription orders for units of the TSX-Listed ETFs will be accepted after the close of business on April 5, 2023. Unitholders of the TSX-Listed ETFs may continue to submit requests to exchange units until close of business on or about April 14, 2023 and to redeem units until April 21, 2023.<\/p><\/blockquote>\n

There goes another! It just goes to show what a 10+ year long bear market can do to retail sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"

Invesco has announced [on 2023-1-23] (although not on their website, as far as I can see): Invesco Canada Ltd. (“Invesco”) announced today proposed changes to its Canadian exchange-traded funds (ETFs) and mutual fund line-up. The …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-45263","post","type-post","status-publish","format-standard","hentry","category-indices-and-etfs"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45263"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45263\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}