Toronto-based Invesco Canada Ltd. has merged Invesco Global Equity Class Fund into Trimark Global Dividend Class Fund, and Invesco Global Balanced Fund into Trimark Global Balanced Fund. In addition, the company has changed the risk ratings on four of its mutual funds. The risk ratings of Trimark Global Endeavour Fund and Trimark Global Endeavour Class have changed from “medium to high” to “medium.” And the risk ratings of PowerShares Tactical Bond Fund and PowerShares Tactical Bond Capital Yield Class fund have changed from “low to medium” to “low.” Says a news release from Invesco: “The updated ratings will provide investors with a more accurate description of the risk profiles they can expect from these four investment options.” The new ratings do not reflect any changes to the investment objectives, strategies or management of the funds’ mandates.
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