PowerShares to List Global Nuclear Energy Portfolio
March 25 2008 - 9:05AM
Marketwired
CHICAGO, IL , announced today the PowerShares Global Nuclear
Energy Portfolio (NYSE: PKN) begins trading on the NYSE Arca,
Inc.
"Since 2001, nuclear power plants have achieved lower production
costs than coal, natural gas and oil,"(1) said Bruce Bond,
president and CEO of PowerShares Capital Management LLC. "We
believe higher oil prices, rising standards of living, and demand
for cleaner sources of energy are favorable trends powering
worldwide growth for the nuclear energy industry. The PowerShares
Global Nuclear Energy Portfolio provides investors exposure to the
performance of the global nuclear energy industry in the
benefit-rich ETF format."
The PowerShares Global Nuclear Energy Portfolio (PKN) is based
on the WNA Nuclear Energy Index(SM). The Index is designed to track
the overall performance of globally traded companies that are
engaged in the nuclear energy industry with representation across
reactors, utilities, construction, technology, equipment, service
providers and fuels. The rules-based index is rebalanced quarterly
from a universe of equity securities traded on recognized stock
exchanges in the Americas, Europe, the Middle East, Africa and
Asia/Pacific.
PowerShares Capital Management LLC is leading the intelligent
ETF revolution through its family of more than 100 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 over $35 billion,
PowerShares ETFs trade on all three U.S. stock exchanges. For more
information, please visit us at www.powershares.com.
PowerShares is a part of Invesco, a leading independent global
investment management company, dedicated to helping people
worldwide build their financial security. By delivering the
combined power of our distinctive worldwide investment management
capabilities, including AIM, Atlantic Trust, Invesco, Perpetual,
PowerShares, Trimark, and WL Ross, Invesco provides a comprehensive
array of enduring investment solutions for retail, institutional
and high net worth clients around the world. Operating in 20
countries, the company is currently listed on the New York Stock
Exchange under the symbol IVZ. Additional information is available
at www.invesco.com.
Important Risk Information
There are risks involved with investing in ETFs, including
possible loss of money. The Fund is not actively managed and is
subject to risk similar to stocks. Shares are subject to risks
including those associated with investing in small and medium-sized
companies, foreign securities and industry-specific risk. Please
see the prospectus for more complete information regarding an
investment in the Fund. Shares are not FDIC insured, may lose value
and have no bank guarantee.
Shares may be sold throughout the day on the NYSE Arca, Inc.
through any brokerage account. Shares may only be redeemed directly
from the Portfolio by Authorized Participants in large blocks
typically consisting of 100,000 Shares.
Investments in the securities of non-U.S. issuers involve risks
beyond those associated with investments in U.S. securities. These
additional risks include greater market volatility, the
availability of less reliable financial information, higher
transactional costs, taxation by foreign governments, decreased
market liquidity and political instability. There is also
additional risk associated with an investment concentrated in the
nuclear energy industry. The energy industry can be significantly
affected by obsolescence of existing technology, short product
cycles, falling prices and profits, competition from new market
entrants and general economic conditions.
A I M Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trust II.
An investor should consider the Fund's investment objective,
risks, charges and expenses carefully before investing. The
prospectus contains this and other information about the Fund. For
this and more complete information about the Fund call 800.983.0903
or visit the website www.powershares.com to obtain a prospectus.
Please read the prospectus carefully before investing.
The information in the prospectus is not complete and may be
changed. The portfolio may not sell its Shares until the
registration statement filed with the Securities and Exchange
Commission is effective. The prospectus is not an offer to sell the
portfolio Shares, nor is the portfolio soliciting an offer to buy
its Shares in any jurisdiction where the offer or sale is not
permitted.
(1) Nuclear Energy Institute, as of 2007
Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Email
Contact Bill Conboy 303-415-2290 Email Contact
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