Invesco 1-5 Year Laddered Corporate Bond Index ETF Fund

Prospectus Fund Facts document

NAV

as of 2026-03-30

$8.751

NAV change $

as of 2026-03-30

+$0.010

NAV change %

as of 2026-03-30

+0.11%

Total assets

as of 2026-02-27

$188,282,510.15

Overview

Who is this Fund for?

Investors who: 

  • Want current income 
  • Prefer a fund that provides a fixed-income investment 
  • Are looking to gain exposure to a short-term Canadian corporate bond portfolio  
  • Own, or plan to own, other types of investments to diversify their holdings 
  • Are comfortable with low risk

Why invest

  • Enhanced yield: Corporate fixed-income securities generally provide a higher yield than government-issued fixed-income securities of similar maturity and credit quality.
  • Less interest-rate sensitivity: As interest rates rise, the value of a bond typically falls. Holding shorter-term bonds, which are less sensitive to such interest-rate changes, can be a good defensive strategy in a rising-rate environment.
  • Reinvestment risk management: Reinvestment risk is the risk that future proceeds will have to be reinvested at a lower interest rate. This risk is especially evident where a large portion of a bond portfolio matures during a period of falling interest rates. Bond ladders help manage the risk by spreading out bond maturities.

Fund details

Fund category
Canadian Short Term Fixed Income
MER (as of December 31, 2024)
1.00%
Inception date
January 19, 2010
Number of holdings (as of February 28, 2026)
50
Risk classification
Low

Fund code

Prefix: AIM

Load Fund code
SC 53203

Performance

Performance

as of February 28, 2026
 
NAV as of Feb. 28, 2026 1.10% 0.57% 0.77% 2.00% 3.63% 5.43% 2.20% 2.11% 2.17%

Calendar performance

  2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
NAV 3.78% 6.26% 5.90% -4.75% -1.61% 5.26% 3.49% 0.79% -0.15% 1.32%

Growth of $10,000 invested at start date

as of Mar. 31, 2026

Historical prices

Date Net asset value ($)
1- of

Historical prices

Date Net asset value ($)

Portfolio

Geographic allocation

as of February 28, 2026

Top holdings

as of February 28, 2026

Number of holdings: 50

% of net assets
AltaGas Ltd., 2.08%, due 5/30/28 Canada -Canadian corporate bonds 2.38%
Greater Toronto Airports Authority, 1.54%, due 5/3/28 Canada -Canadian corporate bonds 2.35%
Intact Financial Corp., 2.18%, due 5/18/28 Canada -Canadian corporate bonds 2.32%
Bell Canada, 2.20%, due 5/29/28 Canada -Canadian corporate bonds 2.32%
WSP Global Inc., 2.41%, due 4/19/28 Canada -Canadian corporate bonds 2.31%
TransCanada PipeLines Ltd., 3.39%, due 3/15/28 Canada -Canadian corporate bonds 2.23%
Pembina Pipeline Corp., 4.02%, due 3/27/28 Canada -Canadian corporate bonds 2.18%
Fortis Inc., 2.18%, due 5/15/28 Canada -Canadian corporate bonds 2.17%
Enbridge Inc., floating rate, due 4/12/78 Canada -Canadian corporate bonds 2.16%
Choice Properties Real Estate Investment Trust, 4.18%, due 3/8/28 Canada -Canadian corporate bonds 2.14%
Total top holdings 22.56%

Currency exposure

as of April 1, 2026

Currencies Exposure to this currency (before hedges) as a % of net assets % of this currency exposure hedged Total currency exposure of the fund (after hedges) (%)
Canadian dollar 27.50% 0.00% 27.50%
Chilean peso 27.50% 0.00% 27.50%
Danish krone 27.50% 0.00% 27.50%
Euro 27.50% 0.00% 27.50%
Hong Kong dollar 27.50% 0.00% 27.50%
U.S. dollar 27.50% 0.00% 27.50%

Distributions

Estimated Distributions

The 'Total Distributions' column represents the sum of the estimated total income and/or return of capital and capital gains as of the distribution date. The breakdown of income, capital gains, and any return of capital reflected in the estimated distribution amounts above may be reallocated and updated at year-end. The final year-end breakdown will be posted here in January following each year.

Distribution schedule

Distribution frequency
ROC, if any Monthly
Capital Gain, if any Annually
Income, if any Monthly

Team

Senior Portfolio Manager

Jeff Bennett

CFA

Portfolio Manager

Debbie Li

Documents

Disclaimer

On July 27, 2018, the investment objectives and strategies of the Fund were changed. The performance of this Fund for the period prior to this date  would have been, and the quartile rankings may have been, different had the current investment strategies been in place during that period.

Commissions, management fees and expenses may all be associated with investments in mutual funds and exchange-traded funds (ETFs). Trailing commissions may be associated with investments in mutual funds. For mutual funds the indicated rates of return are the historical annual compounded total returns, including changes in share/unit value and reinvestment of all distributions, and do not take into account sales, redemption, distribution or optional charges, or income taxes payable by any investor, which would have reduced returns. For ETFs unless otherwise indicated, rates of return for periods greater than one year are historical annual compound total returns including changes in unit value and reinvestment of all distributions, and do not take into account any brokerage commissions or income taxes payable by any unitholder that would have reduced returns. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs and mutual funds. Please read the prospectus before investing. Copies are available from your advisor or from Invesco Canada Ltd. 

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.

The Management Expense Ratio (MER) indicates the trailing 12-month expense ratio, representing the cost of operating the fund. This includes applicable taxes such as HST, GST, and QST, but excludes commissions and other portfolio transaction costs. The MER is expressed as a percentage of the daily average net asset value over the period, including the fund's proportionate share of any expenses from underlying funds, if applicable. Each fund's MER is detailed in its Management Report of Fund Performance (MRFP), which can be found in the Documents tab on invesco.com/ca

Short-term investments, cash and other net assets may include unsettled shareholder/portfolio trading activity and the fair value of forward foreign-currency contracts, which at times can be negative.

Series F, FDCA, FH, F4, F6 and F8 shares or units are available to investors who have fee-based accounts with their dealer or have access to a discount brokerage platform through their dealer. Sales charges and trailing commissions are not payable for Series F, FDCA, FH, F4, F6 and F8 shares or units; however, investors holding such series in fee-based accounts pay fees to their dealer for investment advice and other services. The performance and quartile rankings of various series may differ due to fees and expenses.

Portfolio managers are part of Invesco Advisers Inc, which is an affiliate of Invesco Canada Ltd and the subadvisor of the fund.