Toronto-based Invesco Canada Ltd. Monday announced that two of its funds will be closing in December.

Invesco Global Equity Fund (series A, F and I) will terminate on December 21.

Prior to the close of the fund, unitholders will have the option to switch their investments into any of Invesco Canada’s family of funds or to redeem their units.

Additionally, PowerShares FTSE RAFI Emerging Markets Fundamental Index ETF will terminate on December 14. Invesco says no investors will be affected by this closure, as the ETF was never offered to the public or listed on any exchange due to current market conditions.