Does buying Funds in U.S. dollars protect against currency risk? Find out.
Effective yield on 7 days: 0.02%
No. When you buy shares or units in U.S. dollars, the Funds, other than Trimark U.S. Money Market Fund, convert the purchase price into Canadian dollars at the prevailing exchange rate. You are in the same position as if you bought the Funds in Canadian dollars, so there is no protection from any currency risk the Funds might be exposed to. However, buying in U.S. dollars may be more convenient for you.
Trimark U.S. Money Market Fund invests in U.S. securities and is priced only in U.S. dollars. The Fund itself has no currency risk to the U.S. dollar in which it is priced, but you will be exposed to the currency risk of holding U.S. dollars vis-a-vis the Canadian dollar.
* Money market performance is an annualized historical yield based on the seven-day period ended on said date, annualized in the case of effective yield by compounding the seven-day return and does not represent actual one-year return.
** Series DCA Heritage purchase option is selected based on the Transfer Fund(s) you select on the Invesco Trimark Dollar-Cost Averaging Service Fund Instruction Form.
† Effective August 11, 2010, Invesco Trimark Canada Fund Inc. has been renamed Invesco Canada Fund Inc.
†† Effective August 11, 2010, Invesco Trimark Corporate Class Inc. has been renamed Invesco Corporate Class Inc.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Unless otherwise indicated, rates of return for periods greater than one year are historical annual compound total returns including changes in unit or share value and reinvestment of all distributions, and do not take into account any sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns.
Mutual funds unlike GICs are not guaranteed and are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. Their values change frequently and past performance may not be repeated. In the case of a money market fund there can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you.
Please read the relevant prospectus before investing. Copies of the prospectus are also available from your financial advisor or Invesco Trimark Ltd. by calling 1.800.874.6275 or e-mail us at inquiries@invescotrimark.com
