Invesco to Launch New ETFs on NEO

Aequitas NEO Exchange Inc. (“NEO Exchange” or “NEO”) is pleased to announce that Invesco Canada Ltd. (“Invesco”) is expanding its presence on the NEO Exchange. Invesco has applied to list two new PowerShares ETFs and received approval to list two new series of its NEO-listed PowerShares DWA Global Momentum Index ETF (DWG).

PowerShares Canada has filed a preliminary prospectus with Canadian securities regulators for PowerShares S&P 500 High Dividend Low Volatility Index ETF and PowerShares S&P Global ex. Canada High Dividend Low Volatility Index ETF (collectively, the “PowerShares ETFs”). Subject to receiving regulatory and NEO Exchange approval, the following PowerShares ETFs are expected to launch during the first half of 2017:

Fund name

CAD Series
Ticker

USD Series
Ticker

CAD
Hedged
Series
Ticker

PowerShares S&P 500 High Dividend Low Volatility Index ETF UHD UHD.U UHD.F
PowerShares S&P Global ex. Canada High Dividend Low Volatility Index ETF GHD - GHD.F

Invesco has also received approval to list two new series of DWG on the NEO Exchange, which will provide investors with the ability to purchase DWG in U.S. dollars (DWG.U) and in a Canadian-dollar-hedged version (DWG.F). These new series are expected to begin trading in the coming weeks.

“We have seen firsthand that NEO offers enhanced transparency and a choice in service models that benefit Canadian investors,” said Christopher Doll, Vice President, Product and Business Strategy, PowerShares Canada. “Our decision to apply to list additional ETFs on NEO was driven by the efficiencies, quality of service and cost reductions that NEO has provided to the Canadian ETF industry. We look forward to strengthening our listing partnership in 2017.”

Invesco was the first company to list securities on NEO and continues to champion competition in Canada’s capital markets. The PowerShares ETFs will be joined on NEO by four planned Redwood Asset Management ETFs, consisting of six ETF listings and BlackRock Canada’s planned migration of certain iShares ETFs from the TSX to NEO.

“Invesco has been a true partner in helping us bring competition, innovation and a different set of values to the Canadian stock exchange space,” stated Jos Schmitt, President and Chief Executive Officer, NEO Exchange. “We are pleased they have decided to launch new ETFs with us and expand the currently listed DWG family. Invesco was a trailblazer in welcoming competition to the ETF trading landscape and has led the way for other fund providers to do the same.”

Invesco has filed its preliminary prospectus containing important information relating to PowerShares S&P 500 High Dividend Low Volatility Index ETF and PowerShares S&P Global ex. Canada High Dividend Low Volatility Index ETF with the securities regulatory authorities in each of the provinces and territories of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from Invesco Canada and are also available at sedar.com. There will not be any sale or acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued. This document does not provide full disclosure of all material facts relating to the securities offered. Investors should read the preliminary prospectus, the final prospectus and any amendment for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.

Invesco is a shareholder of Aequitas Innovations Inc., the parent company of NEO. Peter Intraligi, President of Invesco Canada and Head of North American Retail Distribution, is a director of Aequitas Innovations.

Invesco and PowerShares Canada are registered business names of Invesco Canada Ltd.

About NEO Exchange

Aequitas NEO Exchange is a new Canadian stock exchange using a bold new blueprint that puts investors, businesses looking to raise capital and dealers first. Launched in March 2015, the NEO Exchange currently offers an innovative trading venue, a value-added listing venue for capital-raising companies and investment products. The NEO Exchange is a wholly owned subsidiary of Aequitas Innovations Inc., a company founded by a diverse group of prominent investors representative of all Canadian capital market stakeholders. For more information, please visit aequitasNEOexchange.com.

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Contacts:

NEO Exchange
Media contact:
Joanne Kearney, 416-804-5949
joanne.kearney@aequin.com

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