American Stock Exchange Lists Five New PowerShares ETFs
September 27 2007 - 9:30AM
PR Newswire (US)
NEW YORK, Sept. 27 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today announced that it has launched trading in five new
exchange traded funds (ETFs) by PowerShares Capital Management LLC.
These new PowerShares ETFs bring the total number of ETF listings
on the Amex to 342. "The Amex continues to work with industry
leaders to bring innovative products to the marketplace," said
Scott Ebner, Senior Vice President of the Amex ETF Marketplace. "We
are proud to partner with PowerShares once again to launch five new
ETFs providing exposure to various international markets."
PowerShares FTSE RAFI Asia Pacific ex-Japan Small-Mid Portfolio
(AMEX:PDQ) aims to track the price and yield performance of the
FTSE RAFI Developed Asia Pacific ex Japan Mid Small Index, which is
comprised of Asia Pacific small and medium capitalization companies
with the largest fundamental value, selected from the constituents
of the FTSE Developed Asia Pacific ex Japan All Cap Index.
PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio
(AMEX:PDN) aims to track the FTSE RAFI Developed ex US Mid Small
1500 Index which is comprised of small and medium capitalization
companies with the largest fundamental value, selected from the
constituents of FTSE Developed ex US All Cap Index. PowerShares
FTSE RAFI Emerging Markets Portfolio (AMEX:PXH) aims to track the
FTSE RAFI Emerging Index, which is comprised of the emerging market
companies with the largest fundamental value, selected from the
constituents of the FTSE Emerging Large/Mid Cap Index. PowerShares
FTSE RAFI Europe Small-Mid Portfolio (AMEX:PWD) aims to track the
FTSE RAFI Developed Europe Mid Small Index, which is comprised of
the European small and medium capitalization companies with the
largest fundamental value, selected from the constituents of the
FTSE Developed Europe All Cap Index. PowerShares International
Listed Private Equity Portfolio (AMEX:PFP) aims to track the
International Listed Private Equity Index(SM) which is composed of
a diversified mix of listed private equity companies selected based
on the following criteria: valuation metrics, financial data,
historical performance, market capitalization and the need for
diversification within the portfolio. "Today's listings mark
another important step in PowerShares' continuing global
expansion," said Bruce Bond, president of PowerShares Capital
Management. "PowerShares is committed to the ongoing research of
today's rapidly changing global economy to provide investors with
the broadest and most diversified family of intelligent ETFs
available." Goldman Sachs Execution & Clearing, LP is the
specialist for PDN, PWD, PXH and PFP and Kellogg Capital Group, LLC
is the specialist for PDQ. Options will also be traded on PDQ, PXG
and PFP by Bluefin Specialists, LLC. 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 342 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/. PowerShares Capital
Management LLC is leading the intelligent ETF revolution through
its family of more than 90 domestic and international
exchange-traded funds, which seek to outperform traditional
benchmark indexes while providing advisors and investors access to
an innovative array of focused investment opportunities. With
franchise assets of nearly $35 billion, PowerShares ETFs trade on
all three U.S. stock exchanges and the PowerShares QQQ(TM), which
tracks 100 of the NASDAQ's fastest-growing companies, is the most
actively traded equity security in the world. For more information,
please visit us at http://www.powershares.com/. PowerShares is a
part of INVESCO PLC, a leading independent global investment
manager dedicated to helping people worldwide build their financial
security. Operating under the AIM, AIM Trimark, Atlantic Trust,
Invesco Perpetual, PowerShares and WL Ross & Co. brands,
INVESCO PLC strives to deliver outstanding products and services
through a comprehensive array of enduring investment solutions for
its retail, institutional and private wealth management clients
around the world. The company, which had approximately $492 billion
in assets under management as of Aug. 31, 2007, is listed on the
London, New York and Toronto stock exchanges with the symbol "IVZ."
Additional information is available at http://www.invesco.com/.
DATASOURCE: American Stock Exchange CONTACT: Mary Chung of the
American Stock Exchange, +1-212-306-1641, Web site:
http://www.amex.com/ http://www.powershares.com/
http://www.invesco.com/
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