Invesco PowerShares Capital Management LLC, a leading global
provider of exchange traded funds (ETFs), announced today the
PowerShares S&P 500® Low Volatility Portfolio (SPLV) received
the William F. Sharpe Award for ETF Product of the Year. Listed on
May 5, 2011, SPLV represents the first and largest low-volatility
weighted ETF available to US investors. The ETF recently surpassed
$3 billion in assets under management.
The William F. Sharpe Awards recognize the best and the
brightest innovators in the field of indexing, ETFs, and investment
management. This year's awards were presented at the 2012 Global
Indexing & ETFs Conference held in Phoenix, AZ from December
2-5, 2012.
SPLV was recognized as ETF Product of the Year for having the
most significant impact on the ETF market over the previous 12
months. This is the second consecutive year a PowerShares ETF has
received this prestigious award, following the PowerShares
Fundamental High Yield® Corporate Bond Portfolio (PHB) as the 2011
recipient.
"We would like to thank our industry peers for honoring Invesco
PowerShares with the 2012 William F. Sharpe Award for ETF Product
of the Year," said Ben Fulton, Invesco PowerShares managing
director of global ETFs. "The PowerShares S&P 500® Low
Volatility Portfolio (SPLV) was a groundbreaking listing that
opened the door for investors seeking to reduce volatility in their
core portfolios and has become the flagship ETF in this space. The
concept of using low-volatility strategies to achieve long term
capital growth objectives has been steadily gaining interest with
advisors and investors."
Since inception through November 30, 2012, the PowerShares
S&P 500® Low Volatility Portfolio (SPLV) achieved a total
return including dividends of 18.31% vs. a total return of 9.91%
for the S&P 500® Index, and it has done so with approximately
30% less volatility(1).
Leading the Intelligent ETF Revolution, Invesco PowerShares was
early to recognize the advantages low volatility investing. Based
upon the highly regarded S&P Dow Jones Indices, the PowerShares
family of low volatility ETFs provides investors with
diversification opportunities across key market segments.
- PowerShares S&P 500® Low Volatility Portfolio
(SPLV)
- PowerShares S&P Emerging Markets Low
Volatility Portfolio (EELV)
- PowerShares S&P International Developed
Low Volatility Portfolio (IDLV)
SPLV standardized performance as of Sept. 30,
2012 since fund inception (5/5/11)
----------------------------------------------------------------------------
PowerShares S&P 500 YTD 1 Year Inception
Low Volatility Portfolio
----------------------------------------------------------------------------
NAV 11.06% 22.66% 13.00%
----------------------------------------------------------------------------
After Tax Held 10.21% 21.34% 11.76%
----------------------------------------------------------------------------
After Tax Sold 7.16% 14.66% 10.32%
----------------------------------------------------------------------------
Market Price 11.02% 22.50% 13.03%
----------------------------------------------------------------------------
Performance data quoted represents past performance. Past
performance is not a guarantee of future results; current
performance may be higher or lower than performance quoted.
Investment returns and principal value will fluctuate and Shares,
when redeemed, may be worth more or less than their original cost.
See invescopowershares.com to find the most recent month-end
performance numbers. After Tax Held represents total return after
taxes on distributions and assumes Shares have not been sold. After
Tax Sold represents total return after taxes on distributions and
the sale of Fund Shares. After-tax returns reflect the highest
federal income tax rate but exclude state and local taxes. Market
returns are based on the midpoint of the bid/ask spread at 4 p.m.
ET and do not represent the returns an investor would receive if
shares were traded at other times. Unmanaged index returns do not
reflect any fees, expenses, or sales charges. An investment cannot
be made directly into an index.
The PowerShares S&P 500® Low Volatility Portfolio (SPLV)
is based on the S&P 500® Low Volatility Index (Index). The Fund
will invest at least 90% of its total assets in common stocks that
comprise the Index. The Index is compiled, maintained and
calculated by Standard & Poor's and consists of the 100 stocks
from the S&P 500® Index with the lowest realized volatility
over the past 12 months. Volatility is a statistical measurement of
the magnitude of up and down asset price fluctuations over time.
The Fund is rebalanced and reconstituted quarterly in Feb, May,
Aug, and Nov.
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 $74 billion as of Sept
30, 2012, 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, Ltd. Is a leading independent global investment
management firm, 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 firm is listed on the New
York Stock Exchange under the symbol IVZ. Additional information is
available at www.invesco.com.
(1) Source: Bloomberg L.P., as of Nov. 30, 2012
Volatility is the annualized standard deviation of index
returns.
Unforeseen market conditions may prevent the fund from achieving
its goal of providing low volatility.
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 apply. The
fund's return may not match the return of the underlying index.
The prices of equity securities change in response to many
factors, including the historical and prospective earnings of the
issuer, the value of its assets, general economic conditions,
interest rates, investor perceptions and market liquidity.
Foreign securities have additional risks, including
exchange-rate changes, decreased market liquidity, political
instability and taxation by foreign governments.
Investment in securities in emerging market countries involves
risks not associated with investments in securities in developed
countries.
The Fund's use of a representative sampling approach will result
in its holding a smaller number of bonds than are in the underlying
Index, and may be subject to greater volatility.
Investing in securities of medium capitalization companies
involves greater risk than customarily is associated with investing
in larger, more established companies.
The Funds are non-diversified and can invest a greater portion
of their assets in securities of individual issuers than a
diversified fund. As a result, changes in the market value of a
single investment could cause greater fluctuations in Share price
than would occur in a diversified fund. This may increase the
Funds' volatility and cause the performance of a relatively small
number of issuers to have a greater impact on the Funds'
performance.
Investors cannot directly invest in an index and that unmanaged
index returns do not reflect any fees, expenses or sales charges,
past performance cannot guarantee future results.
The S&P 500® Index is an unmanaged index considered
representative of the U.S. stock market.
Standard & Poor's® and S&P® are registered trademarks of
Standard & Poor's Financial Services LLC ("S&P") and have
been licensed for use by Invesco PowerShares Capital Management
LLC. The Fund is not sponsored, endorsed, sold or promoted by
S&P or its affiliates, and S&P and its affiliates make no
representation, warranty or condition regarding the advisability of
buying, selling or holding units/shares in the Fund.
Note: Not all products available through all firms.
Invesco Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trust II.
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.
Not FDIC Insured - No Bank Guarantee - May Lose Value
Shares are not individually redeemable and owners of the shares
may acquire those shares from the Funds and tender those shares for
redemption to the Funds in Creation Unit aggregations only,
typically consisting of 50,000 shares.
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. Please read the prospectus carefully before
investing.
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