PowerShares Canada announces cash distributions for TSX-listed ETFs

TORONTO, July 21, 2014 /CNW/ - PowerShares Canada today announced the July 2014 distributions for its exchange-traded funds (ETFs) listed on the Toronto Stock Exchange. Unitholders of record on July 30, 2014 will receive cash distributions payable on August 8, 2014. Details of the "per-unit" distribution amounts are as follows:

^† On April 15, 2014, PowerShares Ultra DLUX Long Term Government Bond Index ETF was renamed PowerShares Ultra Liquid Long Term Government Bond Index ETF. The name change reflects the new name of its underlying index.

The tax composition of the PowerShares ETFs' distributions will be determined on an annual basis and will only be available after the PowerShares ETFs' tax year-end.

To learn more about TSX-listed PowerShares ETFs, please visit www.powershares.ca.

About Invesco Canada Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of Canada's leading investment management companies. A subsidiary of Invesco Ltd., Invesco Canada's singular focus is on investment management, offering a diversified suite of solutions to institutions, organizations, companies and individual investors across Canada and around the world. Additional information is available at www.invesco.ca.

About Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

Commissions, management fees and expenses may all be associated with investments in exchange-traded funds (ETFs). ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus before investing. Copies are available from Invesco Canada Ltd. at www.powershares.ca.

There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Ordinary brokerage commissions apply to purchases and sales of ETF units.

Most PowerShares ETFs seek to replicate, before fees and expenses, the performance of the applicable Index, and are not actively managed. This means that the Sub-advisor will not attempt to take defensive positions in declining markets and the ETF will continue to provide exposure to each of the securities in the Index regardless of whether the financial condition of one or more issuers of securities in the Index deteriorates. In contrast, if a PowerShares ETF is actively managed, then the Sub-advisor has discretion to adjust that PowerShares ETF's holdings in accordance with the ETF's investment objectives and strategies.

ETFs are not diversified investments.

The NASDAQ Select Canadian Dividend Index has been licensed for use by Invesco Canada Ltd. The product is not sponsored, endorsed, sold or promoted by NASDAQ OMX, and NASDAQ OMX makes no representation regarding the advisability of investing in PowerShares Canadian Dividend Index ETF.

NASDAQ Select Canadian Preferred Share Index has been licensed for use by Invesco Canada Ltd. The product is not sponsored, endorsed, sold or promoted by NASDAQ OMX, and NASDAQ OMX makes no representation regarding the advisability of investing in PowerShares Canadian Preferred Share Index ETF.

FTSE^® is a trade mark owned by the London Stock Exchange Group companies and is used by FTSE International Limited ("FTSE") under licence. The FTSE RAFI^® Index Series is calculated by FTSE in conjunction with Research Affiliates LLC ("RA"). Neither FTSE nor RA sponsor, endorse or promote this product and are not in any way connected to it and do not accept any liability in relation to its issue, operation and trading. Any intellectual property rights in the index values and constituent list vests in FTSE.

Investors should be aware of the risks associated with data sources and quantitative processes used in our investment management process. Errors may exist in data acquired from third party vendors, the construction of model portfolios, and in coding related to the index and portfolio construction process. While Research Affiliates takes steps to identify data and process errors so as to minimize the potential impact of such errors on index and portfolio performance, we cannot guarantee that such errors will not occur.

"Fundamental Index^®" and/or "Research Affiliates Fundamental Index^®" and/or "RAFI^®" and/or all other RA trademarks, trade names, patented and patent-pending concepts are the exclusive property of Research Affiliates, LLC.

NASDAQ^®, OMX^®, NASDAQ OMX^® and QQQ are trade/service marks of The NASDAQ OMX Group, Inc. (which with its affiliates is referred to as the "Corporations") and are used under licence to PowerShares Capital Management LLC and Invesco Canada Ltd. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Standard & Poor's^® and S&P^® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and have been sublicensed for certain purposes by Invesco Canada Ltd. TSX is a registered trademark of TSX Inc. and LSTA is a registered trademark of Loan Syndications and Trading Association and both have been licensed for use by S&P Dow Jones Indices LLC and Invesco Canada Ltd. The S&P/TSX Composite Low Volatility Index, S&P/TSX Composite High Beta Index, S&P 500 Low Volatility Index (CAD Hedged), S&P 500 High Beta Index (CAD Hedged) and S&P/LSTA U.S. Leveraged Loan 100 Index (CAD Hedged) are products of S&P Dow Jones Indices LLC, and have been licensed for use by Invesco Canada Ltd. None of the Funds or ETFs that utilize such indices are sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates, or third party licensors and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates nor their third party licensors make any representation regarding the advisability of investing in such products.

PowerShares Canada is a registered business name of Invesco Canada Ltd.

Invesco^® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. PowerShares^®, Leading the Intelligent ETF Revolution^® and all associated trademarks are trademarks of Invesco PowerShares Capital Management LLC (Invesco PowerShares), used under licence.

© Invesco Canada Ltd., 2014

SOURCE: Invesco Canada Ltd.