Invesco launches high-dividend, low-volatility ETFs

Canadian investors are increasingly seeking income from their holdings but they may be concerned about the relatively limited opportunities within the domestic equity market. Foreign equity markets may provide greater diversification. To help investors achieve their income goals, Invesco has launched PowerShares S&P 500 High Dividend Low Volatility Index ETF (UHD) and PowerShares S&P Global ex. Canada High Dividend Low Volatility Index ETF (GHD). The initial offerings of units of UHD and GHD have now closed. Units in these ETFs will be available for trading on the NEO Exchange when the market opens today. "For many investors, receiving a monthly dividend payment is their primary investment goal," says Christopher Doll, Vice President, Product and Business Strategy, PowerShares Canada.