American Stock Exchange Lists Three New Invesco PowerShares ETFs
May 20 2008 - 10:26AM
PR Newswire (US)
NEW YORK, May 20 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today announced that it has launched trading in three new
ETFs by Invesco PowerShares Capital Management LLC: PowerShares
Autonomic Growth NFA Global Asset Portfolio (AMEX:PTO), PowerShares
Autonomic Balanced Growth NFA Global Asset Portfolio (AMEX:PAO) and
PowerShares Autonomic Balanced NFA Global Asset Portfolio
(AMEX:PCA). Invesco PowerShares' new family of global asset
allocation ETFs are the first to seek global, risk-controlled asset
allocation strategies through investment in other ETFs. "We take
great pride in continuing to support Invesco PowerShares as they
celebrate the five-year anniversary of their entrance into the ETF
marketplace and introduce three more innovative products," said
Scott Ebner, Senior Vice President of the Amex ETF Marketplace.
"These new ETF asset allocation products are a welcome addition to
the Amex ETF line-up and bring the total number of ETF listings on
the Amex to 401." PTO aims to track the price and yield performance
of the New Frontier Global Dynamic Growth Index(TM). The Index
includes ETFs selected pursuant to a proprietary methodology of New
Frontier Advisors designed to identify ETFs covering a combination
of asset classes expected to maximize long-term returns for a risk
profile targeting approximately 90% equities and 10% fixed income.
PAO aims to track the price and yield performance of the New
Frontier Global Dynamic Balanced Growth Index(TM). The Index
includes ETFs selected pursuant to a proprietary methodology of New
Frontier Advisors designed to identify ETFs covering a combination
of asset classes expected to maximize long-term returns for a risk
profile targeting approximately 75% equities and 25% fixed income.
PCA aims to track the price and yield performance of the New
Frontier Global Dynamic Balanced Index(TM). The Index includes ETFs
selected pursuant to a proprietary methodology of New Frontier
Advisors designed to identify ETFs covering a combination of asset
classes expected to maximize long-term returns for a risk profile
targeting approximately 60% equities and 40% fixed income. Kellogg
Capital Group is the specialist for PTO, PAO and PCA. About the
American Stock Exchange The American Stock Exchange(R) (Amex(R))
offers trading across a full range of equities, options and
exchange traded funds (ETFs), including structured products and
HOLDRS(SM). In addition to its role as a national equities market,
the Amex is the pioneer of the ETF, responsible for bringing the
first domestic product to market in 1993. Leading the industry in
ETF listings, the Amex lists 401 ETFs to date. The Amex is also one
of the largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign
stocks. For more information, please visit http://www.amex.com/.
DATASOURCE: American Stock Exchange CONTACT: Bari Trontz of
American Stock Exchange, +1-212-306-8964, Web site:
http://www.amex.com/
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