Invesco to merge six funds

Toronto-based Invesco Canada Ltd. plans to combine 12 of its mutual funds on Aug. 7: Invesco Select Canadian Equity Class with Trimark Canadian Class; Invesco Pure Canadian Equity Class with Trimark Canadian Opportunity Class; Invesco Canadian Equity Growth Class will merge with Invesco Canadian Premier Growth Class; PowerShares Tactical Bond Capital Yield Class with PowerShares Tactical Bond Fund; Trimark Diversified Income Class with Trimark Diversified Yield Class; and Trimark North American Endeavour Class will merge with Trimark U.S. Companies Class. As well, Invesco will terminate its PowerShares Global Agriculture Class Fund and PowerShares Tactical Canadian Asset Allocation Fund on the same day. For full details, visit www.invesco.ca.

(fcollie@investmentexecutive.com)