Invesco PowerShares Capital Management LLC, a leading global
provider of exchange-traded funds (ETFs), today announced the
anticipated listing of two new ETFs that will provide investors
with access to high-beta strategies covering emerging and
international developed markets. The ETFs are expected to begin
trading February 24, 2012 on the NYSE Arca. The two new portfolio
names and ticker symbols are as follows:
High Beta Strategies:
- EEHB PowerShares S&P Emerging Markets High
Beta Portfolio
- IDHB PowerShares S&P International
Developed High Beta Portfolio
On May 5, 2011, Invesco PowerShares launched the first
exchange-traded funds covering high beta and low volatility
strategies for the U.S market. Today, with over $1.3 billion in
AUM, the suite of PowerShares Global Factor-Driven ETFs provide
advisors and investors with a disciplined approach and full range
of tools for increasing beta or lowering volatility in their
portfolios.
High Beta and Low Volatility Strategies (listed May 5,
2011):
- SPHB PowerShares S&P 500® High Beta Portfolio
- SPLV PowerShares S&P 500® Low Volatility Portfolio
Global Low Volatility Strategies (listed January 13, 2012):
- EELV PowerShares S&P Emerging Markets Low
Volatility Portfolio
- IDLV PowerShares S&P International
Developed Low Volatility Portfolio
"PowerShares Global Factor-Driven ETFs represent a new way for
investors seeking to manage equity exposure by using specific
factor weighted ETFs as building blocks," said Ben Fulton, Invesco
PowerShares managing director of global ETFs. "Investors are
seeking a more tactical approach to investing and we believe the
PowerShares Global Factor-Driven ETFs can provide an efficient
means to capitalize on bull markets by adding beta to their
portfolio, while having the flexibility to reduce risk in flat or
bear markets by adding low volatility strategies to their
portfolio."
The PowerShares S&P Emerging Markets High Beta Portfolio
(EEHB) is based on the S&P BMI Emerging Markets High Beta Index
("the Index"). The Fund will invest at least 90% of its total
assets in the securities of companies that comprise the Index. The
Index is compiled, maintained and calculated by Standard &
Poor's and consists of the 200 stocks in the S&P Emerging BMI
Plus LargeMid Cap Index that are the most sensitive to changes in
market returns (or beta) over the past 12 months. Constituents are
weighted by their corresponding beta, with the most sensitive
stocks receiving the highest weights.
The PowerShares S&P International Developed High Beta
Portfolio (IDHB) is based on the S&P BMI International
Developed High Beta Index ("the Index"). The Fund will invest at
least 90% of its total assets in the securities of companies that
comprise the Index. The Index is compiled, maintained and
calculated by Standard & Poor's and consists of the 200 stocks
in the S&P Developed ex. US and South Korea LargeMid Cap BMI
Index that are the most sensitive to changes in market returns (or
beta) over the past 12 months. Constituents are weighted by their
corresponding beta, with the most sensitive stocks receiving the
highest weights. Although the funds seek to add beta, there is no
assurance that the funds will meet that goal.
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 $57.6 billion as of
December 31, 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.
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.
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 Trusts.
Investing in securities of medium capitalization companies
involves greater risk than customarily is associated with investing
in larger, more established companies. These companies' securities
may be more volatile and less liquid than those of more established
companies.
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 holding a smaller number of securities than are in the
Underlying Index.
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.
Standard & Poor's® and S&P® are registered trademarks of
Standard & Poor's Financial Services LLC ("Standard &
Poor's") and have been licensed for use by the Adviser. The Funds
are not sponsored, endorsed, sold or promoted by Standard &
Poor's or its Affiliates, and Standard & Poor's and its
Affiliates make no representation, warranty or condition regarding
the advisability of buying, selling or holding shares of the
Funds.
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
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