Invesco Trimark Ltd. is launching a new dollar cost averaging service to help investors ease back into equity and fixed-income markets, the company announced Monday.

Under the Invesco Trimark Dollar-Cost Averaging Service, investors are given the opportunity to make an investment into one of two dollar-cost averaging series of AIM Canada Money Market Fund: Series DCA or Series DCA Heritage.

Over a one-year period, a proportionate amount of the investment will be systematically transferred into a selection of Invesco Trimark funds of the investor’s choosing that, over the longer term, may have the potential for greater growth.

“The Invesco Trimark Dollar-Cost Averaging Service helps ease investors back into the markets by providing a disciplined and systematic investment approach to meet their long-term financial goals,” says Peter Intraligi, president and chief operating officer of Invesco Trimark Ltd. “The service also helps take the emotion out of investing by eliminating the temptation to time the market.”

AGF Management Inc. unveiled a similar service earlier in the month.

IE