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BRIEF-Invesco changes product lineup in response to tax-treatment changes in 2013 federal budget

Published 2016-11-07, 11:05 a/m
© Reuters.  BRIEF-Invesco changes product lineup in response to tax-treatment changes in 2013 federal budget

Nov 7 (Reuters) - Invesco Ltd IVZ.N :

* Invesco simplifies product offering

* Plans to merge shares of Invesco Intactive Strategic Capital Yield portfolio class into units of Invesco Intactive Strategic Yield portfolio

* Concurrently, plans to terminate series F8, series PT8 and series T8 of Invesco Intactive Strategic Capital Yield portfolio class

* Plans to discontinue U.S.-dollar purchase options of series PT6 and series T6

* Fund will no longer be able to provide tax-efficient benefits at expiration of its forward contract in 2017

* Has announced changes to its product lineup in response to tax-treatment changes made in 2013 federal budget Source text for Eikon: ID:nCNWRZqbLa Further company coverage: IVZ.N

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