Invesco Canada announces change to risk rating on Canadian mutual fund
TORONTO, Feb. 16, 2023 /CNW/ -- Invesco Canada Ltd. announced today a risk rating change to a Canadian mutual fund. The change is effective immediately and details are included in the following table:
Previous Risk Rating
New Risk Rating
Invesco Balanced-Risk Allocation Pool
Low to Medium
Subject to the relief obtained, the risk rating change was made in accordance with the risk classification methodology set by the Canadian Securities Administrators to determine the risk level of investment funds. Invesco obtained relief on behalf of the Fund to allow the Fund to calculate its investment risk level using the Fund's actual performance returns notwithstanding those returns applying to a period prior to the Fund becoming a reporting issuer. No changes have been made to the investment objectives or strategies of the Fund.
For more information, please visit invesco.ca.
About Invesco Ltd.
Invesco Ltd. (NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed US$1.4 trillion in assets on behalf of clients worldwide as of December 31, 2022. For more information, visit www.invesco.com/corporate.
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 from Invesco Canada Ltd.
Invesco is a registered business name of Invesco Canada Ltd.
Invesco® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence.
© Invesco Canada Ltd., 2023
Contact: Gina Simonis email@example.com 212.278.9806
SOURCE Invesco Ltd.
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