No changes have been made to the ETFs’ investment objectives or strategies
Investors can now choose to invest in the ETF on a hedged or unhedged basis
Unitholders to vote on change to investment objective
Equal-weight strategy can help mitigate risk and provide greater diversification
The investment management firm also announced risk classification changes to several mutual funds
11 funds to benefit from lower fees or fee waivers
Invesco Advantage Bond Fund to be renamed Invesco Active Multi-Sector Credit Fund
New names for more than 20 PowerShares ETFs take effect July 27
Fund company introduces global multi-sector credit and Canadian “core plus” strategies
The announcement follows Invesco Ltd.’s recent acquisition of Guggenheim Investments’ ETF business