Join Fund Library now and get free access to personalized features to help you manage your investments.

Invesco Long Term Government Bond Index ETF - CAD Units (PGL : NEO)

Cdn Long Term Fixed Inc

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Close
(04-19-2024)
$17.23
Change
$0.03 (0.17%)
Open $17.30
Day Range $17.21 - $17.30
Volume 21,212

As at March 31, 2024

As at March 31, 2024

Period
Loading...
Loading...

Legend

Invesco Long Term Government Bond Index ETF - CAD Units

Compare Options


Fund Returns

Inception Return (June 15, 2011): 2.51%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.30% -4.30% 10.35% -4.30% -0.99% -4.71% -5.14% -4.71% -2.48% -0.90% -0.17% -0.16% -0.17% 1.74%
Benchmark 0.16% -3.92% 10.29% -3.92% 0.19% -3.67% -4.17% -3.39% -1.65% -0.25% 0.54% 0.64% 0.50% 2.30%
Category Average 0.23% 10.39% 10.39% -4.06% -0.39% -4.36% -5.18% -4.25% -2.54% -1.13% -0.49% -0.33% -0.51% 1.18%
Category Rank 10 / 20 12 / 20 11 / 19 12 / 20 12 / 19 12 / 18 12 / 18 12 / 17 12 / 16 9 / 13 9 / 13 8 / 12 7 / 12 5 / 12
Quartile Ranking 2 3 3 3 3 3 3 3 3 3 3 3 3 2

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.78% -2.55% 1.05% -3.03% -1.21% -6.55% -0.30% 8.86% 6.24% -3.69% -0.93% 0.30%
Benchmark 1.92% -2.28% 0.77% -2.50% -1.12% -6.12% -0.12% 8.37% 6.05% -3.29% -0.82% 0.16%

Best Monthly Return Since Inception

8.86% (November 2023)

Worst Monthly Return Since Inception

-7.43% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 17.72% 4.46% 1.08% 5.93% 0.31% 11.79% 11.96% -5.48% -23.25% 8.46%
Benchmark 17.61% 4.02% 2.23% 7.03% 0.15% 12.68% 11.67% -4.70% -21.48% 8.81%
Category Average 15.93% 2.14% 1.40% 5.39% -0.88% 11.59% 10.99% -5.70% -22.75% 8.49%
Quartile Ranking 1 2 3 3 2 3 3 3 3 3
Category Rank 2/ 12 5/ 12 8/ 12 7/ 12 5/ 13 11/ 16 10/ 17 12/ 18 12/ 18 11/ 18

Best Calendar Return (Last 10 years)

17.72% (2014)

Worst Calendar Return (Last 10 years)

-23.25% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 99.70
Cash and Equivalents 0.30

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 99.70
Cash and Cash Equivalent 0.30

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Canada Government 2.00% 01-Dec-2051 6.05
Canada Government 1.75% 01-Dec-2053 4.84
Canada Government 3.00% 01-Jun-2034 4.34
Canada Government 2.75% 01-Dec-2055 3.55
Quebec Province 3.10% 01-Dec-2051 2.72
Ontario Province 2.90% 02-Dec-2046 2.63
Ontario Province 3.45% 02-Jun-2045 2.62
Ontario Province 3.75% 02-Dec-2053 2.62
Quebec Province 4.40% 01-Dec-2055 2.52
Ontario Province 4.15% 02-Dec-2054 2.46

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

Invesco Long Term Government Bond Index ETF - CAD Units

Median

Other - Cdn Long Term Fixed Inc

3 Yr Annualized

Standard Deviation 13.94% 12.67% 10.61%
Beta 1.09% 1.03% 1.04%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.98% 0.97% 0.98%
Sharpe -0.50% -0.29% 0.09%
Sortino -0.70% -0.51% -0.10%
Treynor -0.06% -0.04% 0.01%
Tax Efficiency - - 34.49%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 14.64% 13.94% 12.67% 10.61%
Beta 1.07% 1.09% 1.03% 1.04%
Alpha -0.01% -0.01% -0.01% -0.01%
Rsquared 1.00% 0.98% 0.97% 0.98%
Sharpe -0.33% -0.50% -0.29% 0.09%
Sortino -0.33% -0.70% -0.51% -0.10%
Treynor -0.04% -0.06% -0.04% 0.01%
Tax Efficiency - - - 34.49%

Fund Details

Start Date June 15, 2011
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $315
52 Week High $19.41
52 Week Low $16.11
Annual Dividend $0.64
Annual Yield -
Index FTSE TMX Canada Ultra Liquid Long Term Government Bond Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

PGL seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the FTSE Canada Ultra Liquid Long Term Government Bond Index, or any successor thereto. This Invesco ETF invests primarily in Canadian government bonds.

Investment Strategy

In order to achieve its investment objective, PowerShares Ultra Liquid Long Term Government Bond Index ETF currently holds the Constituent Securities of the FTSE TMX Canada Ultra Liquid Long Term Government Bond Index in approximately the same proportion as they are reflected in that Index.

Portfolio Manager(s)

Name Start Date
Invesco Canada Ltd. 06-08-2011
Invesco Capital Management LLC 06-08-2011

Management and Organization

Fund Manager Invesco Canada Ltd.
Advisor Invesco Canada Ltd.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.28%
Management Fee 0.25%

Join Fund Library now and get free access to personalized features to help you manage your investments.