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      Invesco Announces Fee Cut on PowerShares Active U.S. Real Estate Fund

      Invesco Ltd. logo. (PRNewsFoto/Invesco, Chris Wilson)

      News provided by

      PowerShares by Invesco

      Mar 09, 2018, 09:00 ET

      Share this article

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      DOWNERS GROVE, Ill., March 9, 2018 /PRNewswire/ -- Invesco (NYSE: IVZ), a leading global provider of exchange-traded funds (ETFs), announced today that management fees on the PowerShares Active U.S. Real Estate Fund (PSR) are being lowered from 0.80% to 0.35%, effective April 1, 2018.

      "Invesco continues to evaluate the cost-efficiency1 of its ETFs to offer investors the most effective, transparent2 access to leading investment solutions," said Lorraine Wang, Global Head ETF Products & Research at Invesco.

      Invesco Real Estate, which manages the active ETF, is a global leader in the real estate investment management business with $65.1 billion in assets under management.

      About Invesco
      Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.

      About PowerShares by Invesco
      PowerShares by Invesco is leading the Intelligent ETF Revolution® through its family of more than 140 domestic and international PowerShares exchange-traded funds (ETFs). PowerShares ETFs seek to outperform traditional benchmark indexes while providing advisors and investors access to an innovative array of focused investment opportunities. PowerShares has US franchise assets exceeding $135 billion as of December 29, 2017. For more information, please visit us at powershares.com or follow us on Twitter @PowerShares.

      Important Risk Information
      1 Since ordinary brokerage commissions apply for each buy and sell transaction, frequent trading activity may increase the cost of ETFs.
      2 ETFs disclose their full portfolio holdings daily.

      There are risks involved with investing in ETFs, including possible loss of money. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

      Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000, 75,000, 100,000 or 200,000 Shares.

      Before investing, investors should carefully read the prospectus/summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the Fund call 800 983 0903 or visit invescopowershares.com for the prospectus/summary prospectus.

      Invesco Distributors, Inc.   US2942

      SOURCE PowerShares by Invesco

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