Toronto-based Invesco Canada Ltd. Friday announced the expansion of its Private Investor series (Series P), offering more choices and greater tax-efficiency for advisors and investors.

With the addition of eight funds, Series P is now available on 35 Invesco funds, spanning 90 series, including Invesco’s highly customizable T-FLEX series for investors seeking a tax-preferred income stream.

Series P provides the benefit of reduced fees across a broad range of Invesco products, including mutual funds, managed portfolios and tax-efficient corporate class products.

The series is reserved exclusively for investors with at least $100,000 household assets invested in Invesco funds. This threshold is within reach for many families, as investors may link their personal accounts with those held by their spouse or family members residing at the same address. For example, a husband and wife could link their RRSP accounts with the RESPs of their children, assuming all assets are held in Invesco funds.

A household group may also include corporate accounts for which the investor or other members of the household beneficially own more than 50% of the voting equity.

Investors may also qualify for additional tiered management fee rebates on higher asset levels. These rebates may be reinvested or received in cash.

Series P is available for both commission-based and fee-based accounts.

Invesco Private Investor series consists of the following series: P, PF, PF4, PF6, PH, PT4, PT6 and PT8.