January 13, 2012 at 09:30 AM EST
Invesco PowerShares Expands Low Volatility Family of ETFs
PowerShares S&P 500(R) Low Volatility Portfolio (SPLV) Surpasses $1 Billion in AUM
CHICAGO, IL -- (Marketwire) -- 01/13/12 -- Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that trading has begun on NYSE Arca for two new PowerShares ETFs that provide investors with access to low volatility strategies covering emerging and developed markets. The portfolio names and ticker symbols are as follows.
Following the successful launch of the PowerShares S&P 500® Low Volatility Portfolio (SPLV), which has attracted the highest monthly inflows of all ETFs listed in 2011 and over $1 billion in AUM, the two new ETFs expand PowerShares' suite of low volatility strategies to include key market segments outside of the United States providing investors with further diversification opportunities. The three ETFs are designed to work synergistically to optimize investors' global low volatility exposures and reduce overall portfolio risk.
"Given today's market environment, investors are naturally seeking better ways to reduce volatility in their portfolios," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "We believe the PowerShares family of low volatility ETFs may provide investors a degree of protection in down cycles while still participating in upward trending cycles, and have the potential to improve risk-adjusted returns over the long term."
The PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV) is based on the S&P BMI Emerging Markets Low Volatility Index. Standard & Poor's compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of 200 of the least volatile stocks of the S&P Emerging BMI plus LargeMid Cap Index. The S&P Emerging BMI Plus LargeMid Cap Index includes all publicly listed equity securities with float-adjusted market values of at least $100 million and annual dollar value traded of at least $50 million from the following countries: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, South Korea, Malaysia, Mexico, Morocco, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.
The PowerShares S&P International Developed Low Volatility Portfolio (IDLV) is based on the S&P BMI International Developed Low Volatility Index. Standard & Poor's compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of 200 of the least volatile stocks of the S&P Developed ex US and South Korea LargeMid Cap BMI Index. The S&P Developed ex US and South Korea LargeMid Cap BMI Index includes all publicly listed equity securities with float adjusted market values of at least $100 million and annual dollar value traded of at least $50 million from the following countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom.
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.
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 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.
BLDRS Asia 50 ADR Index Fund BLDRS Developed Markets 100 ADR INDEX FUND BLDRS Emerging Markets 50 ADR INDEX FUND BLDRS Europe 100 ADR Index FunD POWERSHARES 1-30 LADDERED TREASURY PORTFOLIO POWERSHARES ACTIVE U.S. REAL ESTATE FUND POWERSHARES AEROSPACE & DEFENSE PORTFOLIO POWERSHARES BUILD AMERICA BOND PORTFOLIO POWERSHARES BUYBACK ACHIEVERS PORTFOILIO POWERSHARES CEF INCOME COMPOSITE PORTFOLIO POWERSHARES CHINESE YUAN DIM SUM BOND PORTFOLIO POWERSHARES CLEANTECH PORTFOLIO POWERSHARES DB BASE METALS FUND POWERSHARES DB COMMODITY INDEX TRACKING FUND POWERSHARES DB G10 CURRENCY HARVEST FUND POWERSHARES DB GOLD FUND POWERSHARES DB PRECIOUS METALS FUND POWERSHARES DB SILVER FUND POWERSHARES DB US DOLLAR INDEX BEARISH FUND POWERSHARES DB US DOLLAR INDEX BULLISH FUND POWERSHARES DIVIDEND ACHIEVERS PORTFOLIO POWERSHARES DWA BASIC MATERIALS MOMENTUM PORTFOLIO POWERSHARES DWA CONSUMER CYCLICALS MOMENTUM PORTFOLIO POWERSHARES DWA CONSUMER STAPLES MOMENTUM PORTFOLIO POWERSHARES DWA DEVELOPED MARKETS MOMENTUM PORTFOLIO POWERSHARES DWA EMERGING MARKETS MOMENTUM PORTFOLIO POWERSHARES DWA ENERGY MOMENTUM PORTFOLIO POWERSHARES DWA FINANCIAL MOMENTUM PORTFOLIO POWERSHARES DWA HEALTHCARE MOMENTUM PORTFOLIO POWERSHARES DWA INDUSTRIALS MOMENTUM PORTFOLIO POWERSHARES DWA MOMENTUM PORTFOLIO POWERSHARES DWA NASDAQ MOMENTUM PORTFOLIO POWERSHARES DWA TECHNOLOGY MOMENTUM PORTFOLIO POWERSHARES DWA UTILITIES MOMENTUM PORTFOLIO POWERSHARES DYNAMIC BIOTECHNOLOGY & GENOME PORTFOLIO POWERSHARES DYNAMIC BUILDING & CONSTRUCTION PORTFOLIO POWERSHARES DYNAMIC ENERGY EXPLORATION & PRODUCTION PORTFOLIO POWERSHARES DYNAMIC FOOD & BEVERAGE POWERSHARES DYNAMIC LARGE CAP GROWTH PORTFOLIO POWERSHARES DYNAMIC LARGE CAP VALUE PORTFOLIO POWERSHARES DYNAMIC LEISURE & ENTERTAINMENT PORTFOLIO POWERSHARES DYNAMIC MAGNIQUANT PORTFOLIO POWERSHARES DYNAMIC MARKET PORTFOLIO POWERSHARES DYNAMIC MEDIA PORTFOLIO POWERSHARES DYNAMIC NETWOKING PORTFOLIO POWERSHARES DYNAMIC OIL SVCS PORTFOLIO POWERSHARES DYNAMIC PHARMACEUTICALS PORTFOLIO POWERSHARES DYNAMIC RETAIL PORTFOLIO POWERSHARES DYNAMIC SEMICONDUCTORS PORTFOLIO POWERSHARES DYNAMIC SOFTWARE PORTFOLIO POWERSHARES EMERGING INFRASTRUCTURE PORTFOLIO POWERSHARES EMERGING MARKETS SOVEREIGN DEBT PORTFOLIO POWERSHARES FINANCIAL PREFERRED PORTFOLIO POWERSHARES FTSE RAFI ASIA PACIFIC EX-JAPAN PORTFOLIO POWERSHARES FTSE RAFI DEVELOPED MARKETS EX-U.S.PORTFOLIO POWERSHARES FTSE RAFI DEVELOPED MARKETS EX-US SMALL-MID PORTFOLIO POWERSHARES FTSE RAFI EMERGING MARKETS PORTFOLIO POWERSHARES FTSE RAFI US 1000 PORTFOLIO POWERSHARES FUNDAMENTAL HIGH YIELD CORPORATE BOND PORTFOLIO POWERSHARES FUNDAMENTAL INVESTMENT GRADE CORPORATE BOND PORTFOLIO POWERSHARES FUNDAMENTAL PURE LARGE CORE PORTFOLIO POWERSHARES FUNDAMENTAL PURE LARGE GROWTH PORTFOLIO POWERSHARES FUNDAMENTAL PURE LARGE VALUE PORTFOLIO POWERSHARES FUNDAMENTAL PURE MID CORE PORTFOLIO POWERSHARES FUNDAMENTAL PURE MID GROWTH PORTFOLIO POWERSHARES FUNDAMENTAL PURE MID VALUE PORTFOLIO POWERSHARES FUNDAMENTAL PURE SMALL CORE PORTFOLIO POWERSHARES FUNDAMENTAL PURE SMALL GROWTH PORTFOLIO POWERSHARES FUNDAMENTAL PURE SMALL VALUE PORTFOLIO POWERSHARES GLOBAL CLEAN ENERGY PORTFOLIO POWERSHARES GLOBAL LISTED PRIVATE EQUITY PORTFOLIO POWERSHARES GLOBAL WATER PORTFOLIO POWERSHARES GOLDEN DRAGON CHINA PORTFOLIO POWERSHARES HIGH YIELD EQUITY DIVIDEND ACHIEVERS PORTFOLIO POWERSHARES INDIA PORTFOLIO POWERSHARES INSURED CALIFORNIA MUNICIPAL BOND PORTFOLIO POWERSHARES INSURED NATIONAL MUNICIPAL BOND PORTFOLIO POWERSHARES INSURED NEW YORK MUNICIPAL BOND PORTFOLIO POWERSHARES INTERNATIONAL CORPORATE BOND PORTFOLIO POWERSHARES INTERNATIONAL DIVIDEND ACHIEVERS PORTFOLIO POWERSHARES KBW BANK PORTFOLIO POWERSHARES KBW CAPITAL MARKETS PORTFOLIO POWERSHARES KBW HIGH DIVIDEND YIELD FINANCIAL PORTFOLIO POWERSHARES KBW INSURANCE PORTFOLIO POWERSHARES KBW INTERNATIONAL FINANCIAL PORTFOLIO POWERSHARES KBW PREMIUM YIELD EQUITY REIT PORTFOLIO POWERSHARES KBW PROPERTY & CASUALTY INSURANCE PORTFOLIO POWERSHARES KBW REGIONAL BANKING PORTFOLIO POWERSHARES LUX NANOTECH PORTFOLIO POWERSHARES PREFERRED PORTFOLIO POWERSHARES S&P 500 BUYWRITE PORTFOLIO POWERSHARES S&P 500R HIGH BETA PORTFOLIO POWERSHARES S&P 500R LOW VOLATILITY PORTFOLIO POWERSHARES S&P EMERGING MARKETS LOW VOLATILITY PORTFOLIO POWERSHARES S&P INTERNATIONAL DEVELOPED HIGH QUALITY PORTFOLIO POWERSHARES S&P INTERNATIONAL DEVELOPED LOW VOLATILITY PORTFOLIO POWERSHARES VRDO TAX FREE WEEKLY PORTFOLIO POWERSHARES WATER RESOURCE PORTFOLIO POWERSHARES WILDERHILL CLEAN ENERGY PORTFOLIO POWERSHARES WILDERHILL PROGRESSIVE ENERGY PORTIFOLIO POWERSHARES ZACKS MICRO CAP PORTFOLIO PowerShares Active Low Duration Portfolio PowerShares Active Mega-Cap Portfolio PowerShares Convertible Securities Portfolio PowerShares DB Agriculture Fund PowerShares DB Energy Fund PowerShares DB Oil Fund PowerShares Dynamic Banking Sector Portfolio PowerShares ETF Trust Dynamic Insurance Portfolio PowerShares FTSE RAFI US 1500 Small-Mid Portfolio 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