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BRIEF-Invesco Canada says reducing management, advisory fees on select series across several funds, effective May 23, 2017

Published 2017-05-08, 11:51 a/m
© Reuters.  BRIEF-Invesco Canada says reducing management, advisory fees on select series across several funds, effective May 23, 2017

May 8 (Reuters) - Invesco Canada

* Invesco canada says it is reducing management and advisory fees on select series across several funds, effective may 23, 2017

* Invesco canada says operating expenses for select fee-based series of certain funds are being capped

* Invesco canada - maf reductions and operating expense caps are expected to have an immediate effect on 75 fund series, beginning may 23, 2017

* Invesco canada expects management expense ratios (mers) will be reduced by an average of 0.17 percentage points Source text for Eikon: ID:nCNWT1Trpa Further company coverage: IVZ.N

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