Invesco Canada

What Invesco Canada does

Invesco Canada Ltd. was the Canadian subsidiary of global asset manager Invesco Ltd. (NYSE: IVZ), offering a diversified platform of 98 mutual funds and exchange-traded funds covering major U.S. and Canadian indices (Nasdaq-100, S&P 500, S&P/TSX 60), factor and equal-weight strategies, sector themes (Aerospace & Defense, Clean Energy, ESG), and income solutions including the Income Advantage ETF Suite. The product shelf is built on index-tracking and rules-based factor methodologies rather than proprietary technology platforms, with revenue generated through recurring management fees on AUM distributed to individual investors, financial professionals, and institutional clients through advisor platforms and dedicated institutional channels.

The company's business model is asset-management-fee-based: management fees scale linearly with AUM. On January 13, 2026, CI Global Asset Management announced an agreement to acquire the Canadian fund business (approximately C$27 billion in AUM), and the transaction closed on June 1, 2026. Following the sale, CI GAM became manager of the 98 funds while Invesco affiliates retained a long-term sub-advisory mandate on 61 of the funds representing approximately C$13 billion. The Invesco Canada website now redirects to CI GAM, and 37 funds are scheduled to be rebranded under CI AIMvest, CI Invesco, or CI ETFs labels by July 31, 2026. Two funds (Invesco Managed Futures Fund and Invesco Global Real Estate Fund) are being terminated effective May 29, 2026, with their planned transition to CI GAM cancelled. Going forward, Invesco Canada's residual economic footprint consists of sub-advisory fee revenue on the retained C$13 billion mandate.

Name

Invesco Canada

Legal name

Invesco Canada Ltd.

Website

https://invesco.ca

Company type

Private

Founded year

2016

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

Invesco Canada Ltd. was a Toronto-based subsidiary of Invesco Ltd. offering 98 mutual funds and ETFs across major indices, factor, sector, and income strategies. Following the June 2026 sale to CI Global Asset Management, it now operates solely as a sub-advisor on 61 funds (approximately C$13 billion in AUM).

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282)

akta.pro primary industry

Broad Market Equity ETFs (FSAAAFAA)

akta.pro secondary industries

Sector & Industry Equity ETFs (FSAAAFAC), Fixed Income ETFs (Government, Corporate, Munis, TIPS) (FSAAAFAD), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Investment fund management
• Exchange-traded funds
• Mutual funds
• Asset management Canada
• Sub-advisory services

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fund Management Fees: Invesco generates revenue through management fees charged on the mutual funds and ETFs it manages or sub-advises. Following the acquisition, Invesco affiliates continue to sub-advise 61 funds with approximately C$13 billion in assets, generating sub-advisory fee revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

Core offering

Invesco Canada was a Toronto-based investment management firm that offered 98 mutual funds and exchange-traded funds (ETFs) to Canadian individual investors, financial professionals (advisors, planners, stockbrokers), and institutional investors. The fund lineup covered major equity indices (NASDAQ-100, S&P 500, S&P/TSX 60), specialized strategies including equal-weight, income, ESG, and factor-based approaches, and generated revenue through management fees on assets under management. Following the June 1, 2026 acquisition by CI Global Asset Management, Invesco affiliates continue as sub-advisor for 61 of the funds under a long-term strategic partnership.

Product overview

Invesco Canada (now transitioned to CI Global Asset Management as of June 1, 2026) offered a comprehensive suite of 98 mutual funds and exchange-traded funds. The product portfolio included core ETF offerings across major indices (Invesco QQQ tracking Nasdaq-100, Invesco S&P 500 Equal Weight ETF, Invesco NASDAQ 100 ETF, Invesco S&P 500 Top 50 ETF), specialized sector ETFs (Aerospace & Defense, WilderHill Clean Energy), and factor-based ETFs (Pure Value, GARP). The income-focused lineup included the Income Advantage ETF Suite with currency variants, while the Canadian market was served by the S&P/TSX 60 Equal Weight Index ETF. ESG offerings included the ESG NASDAQ 100 Index ETF. The fund business, comprising approximately C$27 billion in assets, was acquired by CI GAM with Invesco affiliates continuing as sub-advisor for 61 funds representing C$13 billion.

Differentiator

Problem solved

Functional benefit

Products and services

• Mutual Funds Professionally managed mutual funds spanning equity, fixed income, and alternative strategies offered to Canadian individual investors, financial professionals, and institutional clients for diversified portfolio exposure.
• Exchange-Traded Funds (ETFs) Exchange-traded funds covering various indices and strategies including ESG, equal-weight, income, and sector-specific exposures offered to Canadian investors through CI GAM's funds.cifinancial.com platform.
• Invesco Income Advantage ETF Suite Income-focused ETF suite with currency-hedged variants providing income-driven investment solutions with reduced volatility, targeted at Canadian investors seeking yield-oriented equity exposure.
• Invesco S&P/TSX 60 Equal Weight Index ETF (EQLT) Canadian large-cap equal weight ETF tracking the S&P/TSX 60 Equal Weight Index, distributing holdings equally across constituents rather than by market capitalization to reduce concentration risk for Canadian equity exposure.
• Invesco CurrencyShares Canadian Dollar Trust ETF (FXC) Passive unhedged ETF providing exposure to CAD:USD exchange rate movements for investors seeking direct currency exposure as part of portfolio diversification.
• Invesco S&P 500 Equal Weight ETF (RSP) Equal-weight ETF tracking the S&P 500 Index, providing exposure to all 500 constituents on an equal-weight basis to reduce mega-cap concentration risk and offer balanced broad U.S. large-cap exposure.
• Invesco QQQ (Nasdaq-100 Tracking ETF) U.S. large-cap ETF tracking the Nasdaq-100 Index, providing exposure to 100 of the largest non-financial companies listed on the Nasdaq Stock Market for investors seeking technology and growth-oriented large-cap U.S. equity exposure.
• Invesco NASDAQ 100 ETF (QQQM) ETF tracking the NASDAQ-100 Index excluding financial companies, offering U.S. growth and technology large-cap equity exposure with a lower expense ratio than the legacy QQQ structure.
• Invesco S&P 500 Top 50 ETF (XLG) ETF tracking a mega-cap index of the 50 largest U.S. companies, providing concentrated exposure to leading U.S. large-cap equities for investors seeking mega-cap positioning.
• Invesco Aerospace & Defense ETF (PPA) Sector ETF providing exposure to aerospace and defense companies, including defense contractors and related industrial businesses, for investors seeking thematic sector allocation.
• Invesco WilderHill Clean Energy ETF (PBW) Equal-weighted thematic ETF tracking companies involved in cleaner energy production, energy conservation, and related clean technology sectors for investors seeking thematic sustainability exposure.
• Invesco S&P 500 Pure Value ETF (RPV) Large-cap value-focused ETF tracking a pure value index within the S&P 500 universe, providing concentrated value factor exposure for value-oriented investors.
• Invesco S&P 500 GARP ETF (SPGP) ETF focusing on a growth-at-reasonable-price (GARP) strategy within the S&P 500 universe, targeting companies with balanced growth and valuation characteristics for investors seeking balanced factor exposure.
• Invesco ESG NASDAQ 100 Index ETF ESG-focused ETF tracking the NASDAQ 100 Index with environmental, social, and governance screening criteria applied to constituent selection for sustainability-oriented investors.

Quantifiable outcome

• Income Advantage ETF Suite raised over CA$214 million since August 2024 launch
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• CI Global Asset Management (CI GAM)coreStrategic or Co-development Partner · 1 June 2026On June 1, 2026, CI Global Asset Management completed its acquisition of Invesco's Canadian fund business with approximately C$27 billion in assets under management across 98 mutual funds and ETFs. As part of the transaction, a long-term strategic partnership was formed where Invesco affiliates continue to sub-advise 61 funds with approximately C$13 billion in assets. This makes CI GAM one of Canada's largest investment fund companies with total AUM of approximately C$175 billion.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• CI Global Asset Management: Acquired Invesco Canada's fund business and now manages 98 of its former funds; directly comparable as a Canadian asset manager offering mutual funds and ETFs to individual and institutional investors.
• iShares (BlackRock Canada): Largest ETF provider globally with significant Canadian presence, offering competing ETFs tracking NASDAQ-100, S&P 500, and other indices where Invesco Canada competes.
• RBC Global Asset Management: One of Canada's largest asset managers offering both mutual funds and ETFs (RBC iShares), competing with Invesco for individual and institutional investor assets in Canada.
• TD Asset Management: Large Canadian asset manager with mutual fund and ETF offerings, part of TD Bank's wealth management ecosystem, competing for similar institutional and retail mandates.
• Manulife Investment Management: Global asset manager with significant Canadian operations offering mutual funds and ETFs that compete with Invesco's income and equity strategies.

Direct peers

• BMO Global Asset Management: Major Canadian asset manager and ETF provider (BMO ETFs) competing directly with Invesco's Canadian ETF lineup including broad market, equal-weight, and sector strategies.
• Vanguard Investments Canada: Major low-cost ETF provider in Canada with broad market equity ETFs that directly compete with Invesco's S&P 500, NASDAQ-100, and S&P/TSX 60 products.
• Mackenzie Investments: Canadian investment management firm offering mutual funds and ETFs with comparable distribution to financial advisors and individual investors in Canada.
• Fidelity Investments Canada: Major Canadian asset manager offering mutual funds and ETFs that directly compete with Invesco Canada's product suite for retail and institutional investors.

Regional players

• 1832 Asset Management: Canadian asset management arm of ScotiaBank offering mutual funds and ETFs with comparable product strategies and advisor distribution focus in Canada.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/invesco-canada

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Invesco Canada