Invesco Canada expands ETF lineup with four new actively managed funds

These two ETFs are designed for investors who want to participate in core, trusted equity indices with less volatility and downside risk. The strategies focus on providing consistent monthly income while balancing yield and growth, making them appealing for long-term investment goals. 

The Invesco Canadian Core Plus Bond ETF and Invesco Global Bond ETF, on the other hand, focus on consistent income and capital growth.

These ETFs primarily invest in investment-grade fixed-income securities from governments, corporations, and other issuers, offering investors an opportunity for diversification while maintaining steady income and growth. 

The initial offering for these ETFs has closed, and units will be available for trading on the Toronto Stock Exchange (TSX) when the market opens today. 

Invesco also provided clarification on the use of ‘bps’ in their announcements. Basis points, abbreviated as ‘bps,’ are a unit of measurement used to describe percentage values or rates, where one basis point is equivalent to 0.01 percent, or 0.0001 in decimal form.