Invesco Canada Transfers Management of ETFs to CI Global Asset Management

Invesco Canada Ltd. has announced a significant transition in the management of its Canadian exchange-traded funds (ETFs). On January 13, 2026, the firm revealed it had signed a definitive agreement to transfer the management agreements for its Canadian funds business to CI Investments Inc., operating as CI Global Asset Management (CI GAM). The change will officially take effect upon the closing of the transaction, expected in the near future.

Once the transaction closes, CI GAM will take over as the manager and portfolio manager for several mutual funds and ETFs previously managed by Invesco. This shift means that Northwest & Ethical Investments L.P. (NEI) will no longer provide non-discretionary advice on environmental, social, and governance (ESG) matters for a selection of Invesco ETFs, which include:

– Invesco ESG NASDAQ 100 Index ETF
– Invesco S&P 500 ESG Index ETF
– Invesco S&P International Developed Dividend Aristocrats ESG Index ETF
– Invesco S&P International Developed ESG Index ETF
– Invesco S&P US Dividend Aristocrats ESG Index ETF
– Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF
– Invesco S&P/TSX Composite ESG Index ETF

Prior to the transaction’s closing, Invesco Capital Management LLC will continue to serve as the discretionary sub-advisor for these ETFs. Following the transition, CI GAM will assume full investment responsibility for the funds. Importantly, the exit of NEI as a non-discretionary sub-advisor will not alter the investment objectives or strategies of the Invesco ETFs.

Background on Invesco and CI Global Asset Management

Invesco Ltd. is a prominent player in the global asset management industry, serving clients across more than 120 countries. As of December 31, 2025, Invesco managed approximately USD 2.2 trillion in assets. The firm offers a wide range of investment solutions, including active and passive strategies, tailored to meet the needs of both retail and institutional investors.

CI Global Asset Management, part of CI Financial Corp., is recognized for its comprehensive investment offerings. The acquisition of Invesco’s Canadian fund management business represents a strategic move to expand CI GAM’s capabilities and enhance its service offerings to investors.

Investors are encouraged to review the prospectus for the Invesco ETFs before making any investment decisions. The prospectus provides essential details, including potential risks associated with investing in ETFs.

For more information on this transition and the affected funds, visit the official Invesco Canada website at invesco.com/ca.

This change highlights the ongoing evolution within the asset management landscape, as firms adapt to meet the growing demand for sustainable investment solutions. The financial sector continues to navigate a competitive environment, with firms like Invesco and CI GAM striving to provide innovative investment strategies that align with investors’ values and objectives.