Invesco PowerShares Capital Management LLC, a leading global
provider of exchange-traded funds (ETFs), announced today the
PowerShares Fundamental High Yield® Corporate Bond Portfolio (PHB)
received the William F. Sharpe Award for ETF Product of the Year at
the 2011 Super Bowl of Indexing Conference. The ETF Product of the
Year is awarded to the company responsible for the ETF product that
had the most significant impact on the ETF market over the previous
twelve months.
"The William F. Sharpe Awards recognize the best and the
brightest innovators in the field of indexing, ETFs, and investment
management," said Ben Fulton, Invesco PowerShares managing director
of global ETFs. "We are quite honored to receive the highly
regarded ETF Product of the Year award recognizing the innovative
investment opportunity the PowerShares Fundamental High Yield®
Corporate Bond Portfolio provides investors."
The PowerShares Fundamental High Yield® Corporate Bond Portfolio
is the first fixed-income ETF to use Research Affiliates'
Fundamental Index® methodology. Traditional bond indices give the
largest weights to the biggest debtors, potentially exposing
investors to greater risks of default. In contrast, the Fundamental
Index methodology uses fundamental measures of company size,
including book value of assets, sales, dividends and cash flow, to
set constituent weights.
"By weighting companies based on fundamental measures of their
resources available to service debt, we believe the PowerShares
Fundamental High Yield® Corporate Bond Portfolio represents an
important alternative to market-cap-weighted fixed-income
portfolios and provides investors the potential for improved
risk-adjusted returns," added Joseph Becker, senior fixed &
equity income product strategist at Invesco PowerShares.
The PowerShares Senior Loan Portfolio (BKLN) also received
recognition at the 2011 Super Bowl of Indexing as a runner-up in
the categories of ETF Product of the Year and ETF Innovation of the
Year, which is awarded to the company responsible for the most
significant new product, service, or strategy in ETF investing.
BKLN is the first ETF that provides investors access to a portfolio
of senior secured bank or floating rate loans.
The PowerShares Fundamental High Yield® Corporate Bond Portfolio
(PHB) is based on the RAFI® High Yield Bond Index ("Index"). The
Fund will normally invest at least 80% of its total assets in the
securities that comprise the Index. The Index is comprised of U.S.
dollar-denominated bonds registered for sale in the United States
whose issuers are public companies listed on major U.S. stock
exchanges. Only securities with greater than one year to maturity
qualify for inclusion in the Index. Based on the Fundamental Index®
methodology developed by Research Affiliates, LLC, the Index is
compiled and calculated by Ryan ALM, Inc. The Index is rebalanced
monthly.
The Super Bowl of Indexing Conference® was held in Phoenix,
Arizona December 4-7, 2011. The program is the largest of its kind
in the world and has become the annual meeting for the indexing
industry. It is attended by virtually the entire marketplace,
including public and private plan sponsors, institutional fund
managers, traders, investment consultants, financial advisors and
planners, ETF sponsors, hedge funds, index and service providers,
researchers and academics. The speaker faculty includes the world's
leading experts and practitioners in the field. At this year's
program, Information Management Network (IMN), which hosts the
Super Bowl of Indexing, teamed up with The Journal of Index
Investing -- a leading peer-reviewed journal that covers the latest
innovations in Exchange-Traded Funds (ETFs), investable indexes,
and mutual funds -- to produce the annual William F. Sharpe
Indexing Achievement Awards. On December 5, 2011, the industry's
contributions during the past year were recognized with six William
F. Sharpe Indexing Achievement Awards. Award categories include
Best Research Paper; Best Index Product; Best Indexing Innovation;
Best ETF Product; Best ETF Innovation; and Lifetime Achievement
Award. The winners of the awards are selected by a panel of the
world's leading practitioners and researchers in the field of
indexing research.
Invesco PowerShares Capital Management LLC is leading the
Intelligent ETF Revolution® through its family of more than 140
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 over $52.4 billion as of
September 30, 2011, PowerShares ETFs trade on both U.S. stock
exchanges. For more information, please visit us at
invescopowershares.com or follow us on Twitter @PowerShares.
Invesco is a leading independent global investment manager,
dedicated to helping investors worldwide achieve their financial
objectives. By delivering the combined power of our distinctive
investment management capabilities, Invesco provides a wide range
of investment strategies and vehicles to our retail, institutional
and high net worth clients around the world. Operating in more than
20 countries, the company is listed on the New York Stock Exchange
under the symbol IVZ. Additional information is available at
www.invesco.com.
Any reference to a ranking, a rating, or an award provides no
guarantee for future performance results and is not constant over
time.
There are risks involved with investing in ETFs, including
possible loss of money. Shares are not actively managed and are
subject to risks including those regarding short selling and margin
maintenance requirements. Ordinary brokerage commissions may
apply.
PHB's use of a representative sampling approach will result in
its holding a smaller number of securities than are in the
underlying Index, and may be subject to greater volatility.
Non-investment grade securities have additional risks, including
higher default risk and decreased market liquidity.
Research Affiliates, LLC, a global leader in innovative
investing and asset allocation strategies, operates from its
headquarters in Newport Beach, California. Dedicated to solving
complex investment issues, the firm creates innovative strategies
that respond to the current needs of the market. Leveraging its
strong research focus, Research Affiliates distributes innovative
investment products in partnership with some of the world's leading
financial institutions. The firm, founded in 2002 by Robert D.
Arnott, a renowned innovator in investment theory and practice, is
majority employee-owned. As of September 2011, approximately $78
billion in assets are managed worldwide using investment strategies
developed by Research Affiliates.
Fundamental Index®, Research Affiliates®, Fundamental High
Yield®, and all other Research Affiliates trademarks, trade names,
patented and patent-pending concepts are the exclusive property of
Research Affiliates, LLC. The RAFI Investment Grade Corporate Bond
Index is calculated and maintained by ALM Research Solutions, Inc.
(a wholly owned subsidiary of Ryan ALM, Inc.) in conjunction with
Research Affiliates LLC and is the exclusive property of Research
Affiliates. Research Affiliates is not affiliated with Invesco,
Ltd.
Not FDIC Insured | May Lose Value | No Bank
Guarantee Shares are not individually redeemable and owners of
the shares may acquire those shares from the Fund and tender those
shares for redemption to the Fund in Creation Units only, typically
consisting of aggregations of 50,000 shares.
Invesco Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trust II.
Note: Not all products available through all firms.
PowerShares® is a registered trademark of Invesco PowerShares
Capital Management LLC. Invesco PowerShares Capital Management LLC
and Invesco Distributors, Inc. are indirect, wholly owned
subsidiaries of Invesco Ltd.
An investor should consider the Fund's
investment objective, risks, charges and expenses carefully before
investing. For this and more complete information about the Fund
call 800 983 0903 or visit invescopowershares.com for a prospectus.
Please read the prospectus carefully before investing.
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Media Contacts: Kristin Sadlon Cohn & Wolfe
212.798.9864 Email Contact Bill Conboy 303-415-2290 Email
Contact
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