Sign up for free newsletter

 

Four fingers

Four PowerShares funds now offer monthly income

PowerShares Canada has increased the frequency of distributions paid by its suite of dividend-income funds from quarterly to monthly.

Beginning in August, the following PowerShares Funds will distribute income on a monthly basis:
•             PowerShares Canadian Dividend Index Class
•             PowerShares Canadian Preferred Share Index Class
•             PowerShares Diversified Yield Fund
•             PowerShares Global Dividend Achievers Fund
 
"Whether you're funding your retirement or helping to pay for your child's education, monthly distributions match most fixed spending patterns," says Michael Cooke, head of distribution, PowerShares Canada.
 
The increased frequency is the only change to the distribution policy of these funds. There will be no change to the calculation methodology of distributions.


Subscribe to free daily newsletter
MediaWatch WA awards 2015

See interviews and presentation at the Wealth Adviser 2015 awards ceremony, held at Sketch, Mayfair on the 15th May .... »

latestjobs
Corporate Derivatives Marketer- NYC Invest. Bank

Thu, 30 Jul 2015 00:00:00 GMT

Senior Security Engineer - Midtown Manhattan(NYC)

Thu, 30 Jul 2015 00:00:00 GMT

LATAM Corporate Salesperson

Thu, 30 Jul 2015 00:00:00 GMT

events
3 weeks 2 days from now - New York
4 weeks 3 days from now - Texas
5 weeks 4 days from now - New York
5 weeks 5 days from now - New York
specialreports