Invesco PowerShares Capital Management LLC, a leading global
provider of exchange-traded funds (ETFs), announced today the
anticipated listing of the PowerShares S&P 500® High Dividend
Portfolio on October 18, 2012 on the NYSE Arca. The new ETF, based
upon the S&P Low Volatility High Dividend index, is expected to
trade under the ticker SPHD and will provide access to the 50
securities in the S&P 500 Index that historically have provided
high dividend yields with lower volatility.
High Dividend Strategies (Anticipated listing on October 18,
2012):
- PowerShares S&P 500® High Dividend Portfolio
(SPHD)
"The PowerShares S&P 500 High Dividend Portfolio (SPHD)
combines two key objectives that are important to many investors
today: an emphasis on high dividend equities with the
well-documented benefits of low-volatility securities," said Ben
Fulton, Invesco PowerShares managing director of global ETFs. "The
Fund's underlying Index is designed to perform well in absolute
terms and on a risk-adjusted basis compared to the S&P 500
Index, and had an average dividend yield of 4.51% as of Sept 30,
2012.
"We are pleased to once again join with S&P Dow Jones
Indices for the PowerShares S&P 500® High Dividend Portfolio
(SPHD)," continued Fulton. "S&P Dow Jones Indices is well
respected in financial circles and their Index methodology uses a
simple, transparent model for constituent selection that we believe
will resonate well with investors seeking higher yields and lower
volatility. Invesco PowerShares currently has approximately $4.25
billion in AUM in ETFs based on S&P branded indices."
The PowerShares S&P 500® High Dividend Portfolio (SPHD)
listing will expand the available range of PowerShares
Factor-Driven ETFs to 13, making it the largest Factor Driven suite
of ETFs available today. With over $3.7 billion in AUM, the
PowerShares suite of Factor-Driven ETFs provide advisors and
investors with a disciplined approach for optimizing portfolios to
changing market conditions using factor tilts to low volatility,
high beta, high quality, relative strength and soon high dividend
strategies.
Low Volatility Strategies:
- 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)
High Beta Strategies:
- PowerShares S&P 500® Low Volatility Portfolio
(SPHB)
- PowerShares S&P Emerging Markets High
Beta Portfolio (EEHB)
- PowerShares S&P International Developed
High Beta Portfolio (IDHB)
High Quality Strategies:
- PowerShares S&P 500® High Quality Portfolio
(SPHQ)
- PowerShares S&P International Developed
High Quality Portfolio (IDHQ)
The PowerShares S&P 500® High Dividend Portfolio (SPHD)
is based on the S&P Low Volatility High Dividend index. The
Fund will generally invest at least 90% of its total assets in
securities that comprise the Underlying Index. The Index is
compiled, maintained and calculated by S&P Dow Jones Indices
and is designed to track the performance of 50 securities selected
from the S&P 500® Index that have historically provided high
dividend yields with lower volatility. The Index Provider screens
the S&P 500® Index for the 75 securities with the highest
dividend yields over the past 12 months and, from those securities,
selects the 50 securities with the lowest realized volatility for
inclusion in the Underlying Index. The Index Provider weights each
of the securities in the Index by its dividend yield, with the
highest dividend-yielding stocks receiving the highest weights. The
Index is rebalanced semi-annually.
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.
Standard & Poor's and S&P are registered trademarks of
Standard & Poor's Financial Services LLC ("S&P"), a
subsidiary of The McGraw-Hill Companies, Inc. Dow Jones is a
registered trademark of Dow Jones Trademark Holdings LLC ("Dow
Jones"). These trademarks have been licensed to S&P Dow Jones
Indices LLC. It is not possible to invest directly in an index.
S&P Dow Jones Indices LLC, Dow Jones, S&P and their
respective affiliates (collectively "S&P Dow Jones Indices") do
not sponsor, endorse, sell, or promote any investment fund or other
investment vehicle that is offered by third parties and that seeks
to provide an investment return based on the performance of any
index. This document does not constitute an offer of services in
jurisdictions where S&P Dow Jones Indices does not have the
necessary licenses. S&P Dow Jones Indices receives compensation
in connection with licensing its indices to third parties.
There are risks involved with investing in ETFs, including
possible loss of money. Shares are not actively managed and are
subject to risks similar to those of stocks, 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.
Securities that pay high dividends as a group can fall out of
favor with the market, causing such companies to underperform
companies that do not pay high dividends.
Unforeseen market conditions may prevent the Fund from achieving
its goal of providing low volatility.
Investments focused in a particular industry are subject to
greater risk, and are more greatly impacted by market volatility,
than more diversified investments. The Fund is considered
non-diversified and may be subject to greater risks than a
diversified fund.
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.
Investing in securities of medium capitalization companies
involves greater risk than customarily associated with investing in
larger, more established companies.
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.
Note: Not all products are available through all firms.
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 Unit aggregations only,
typically consisting of 50,000 shares.
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.
An investor should consider the Funds'
investment objectives, risks, charges and expenses carefully before
investing. For this and more complete information about the Funds
call 800 983 0903 or visit invescopowershares.com for a prospectus.
Please read the prospectus carefully before investing.
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