May 14, 2009 at 09:30 AM EDT
Invesco PowerShares Recognized With ETF Industry Awards
CHICAGO, IL -- (Marketwire) -- 05/14/09 -- Invesco PowerShares, a leading provider of exchange-traded funds (ETFs) was recognized for launching the "Most Innovative ETF Product" in 2008 and for its ongoing "Contribution to the ETF Sector" at two ETF industry conferences held recently in New York City.
Invesco PowerShares received the 2008 award for "Most Innovative ETF Product" for the Americas at the 5th Annual Global ETF Awards®. Invesco PowerShares introduced the industry's first actively managed equity ETFs in April 2008, listing the PowerShares Active Mega Cap Fund (PMA), PowerShares Active AlphaQ Fund (PQY), and PowerShares Active Multi-Cap Fund (PQZ). As part of the same listing, Invesco PowerShares also launched the PowerShares Active Low Duration Fund (PLK), and in November 2008, the company listed the first actively managed U.S. Real Estate ETF -- PowerShares Active U.S. Real Estate Fund (PSR).
Actively managed ETFs combine the goals associated with active management (reduced volatility, managed risk and benchmark outperformance) with the traditional benefits of ETFs, such as tax efficiency and transparency.
"It is truly an honor to be recognized by our peers as a leading innovator in the ETF Industry," said Bruce Bond, president and CEO of Invesco PowerShares. "We believe our diverse suite of ETF portfolios is at the forefront of the industry delivering value and market-leading ideas to investors."
Separately, Edward McRedmond, senior vice president of portfolio strategies at Invesco PowerShares, was presented with the 2008 award for his "Contribution to the ETF Sector" at the 8th Annual Closed-End Fund & ETF Awards Capital Link Forum. This marks the second consecutive year Mr. McRedmond has received the award and the fifth consecutive year for Invesco PowerShares.
"It's been my privilege to work and interact with so many wonderful and talented people in the ETF industry over the years," said McRedmond. "On behalf of Invesco PowerShares, I am deeply honored to be receiving the award for Contribution to the ETF Sector."
The Global ETF Awards and Workshop is hosted by exchangetradedfunds.com. Its purpose is to recognize those who have contributed to the development of the ETF industry worldwide and to allow ETF participants from the international community to discuss their respective markets. The Global ETF Awards winners were selected from voting forms sent to ETF industry entities worldwide and tabulation of statistical ranking information. The Global ETF Awards took place on Thursday, April 30, 2009, in New York City.
The Annual Closed End Fund & ETF Awards, an initiative of Capital Link, aims to identify and recognize annually those fund sponsors and executives who consistently apply high standards of financial disclosure, investor and shareholder relations and innovation. The CEF & ETF Awards are based on nominations by a committee of analysts and industry specialists who actively follow CEFs and ETFs. The Awards were presented on Wednesday, April 29, 2009, in New York City.
Invesco PowerShares Capital Management LLC is leading the intelligent ETF revolution through its family of more than 130 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 $25.8 billion as of March 31, 2009, PowerShares ETFs trade on both U.S. stock exchanges. For more information, please visit us at www.invescopowershares.com.
Invesco PowerShares is a wholly owned subsidiary of Invesco Ltd., a leading independent global investment management firm dedicated to helping people worldwide build their financial security. 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 firm 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. Index-based ETFs are not actively managed. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Both index-based and actively managed ETFs are subject to risk similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply.
Invesco PowerShares does not offer tax advice. Please consult your own tax advisor for information regarding your own tax situation.
Shares are not FDIC insured, may lose value and have no bank guarantee.
© 2009 Invesco PowerShares Capital Management LLC
PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares Capital Management LLC and Invesco Aim Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.
Invesco Aim Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust, the PowerShares Exchange-Traded Fund Trust II, the PowerShares India Exchange-Traded Fund Trust and the PowerShares Actively Managed Exchange-Traded Fund Trust.
An investor should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. For a copy of the prospectus which contains this and other information about the Funds, call 800.983.0903 or visit www.invescopowershares.com. Please read the prospectus carefully before investing.
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.
POWERSHARES 1-30 LADDERED TREASURY PORTFOLIO POWERSHARES ACTIVE U.S. REAL ESTATE FUND POWERSHARES AEROSPACE & DEFENSE PORTFOLIO POWERSHARES BUYBACK ACHIEVERS PORTFOLIO POWERSHARES CALIFORNIA AMT-FREE MUNICIPAL 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 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 MARKET PORTFOLIO POWERSHARES DYNAMIC MEDIA PORTFOLIO POWERSHARES DYNAMIC NETWORKING PORTFOLIO POWERSHARES DYNAMIC OIL SVCS PORTFOLIO POWERSHARES DYNAMIC PHARMACEUTICALS PORTFOLIO POWERSHARES DYNAMIC RETAIL PORTFOLIO POWERSHARES DYNAMIC SEMICONDUCTORS PORTFOLIO POWERSHARES DYNAMIC SOFTWARE 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 US 1000 PORTFOLIO POWERSHARES FUNDAMENTAL HIGH YIELD CORPORATE BOND PORTFOLIO POWERSHARES FUNDAMENTAL PURE LARGE CORE 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 INTERNATIONAL DIVIDEND ACHIEVERS PORTFOLIO POWERSHARES NATIONAL AMT-FREE MUNICIPAL BOND PORTFOLIO POWERSHARES NEW YORK AMT-FREE MUNICIPAL BOND PORTFOLIO POWERSHARES PREFERRED PORTFOLIO POWERSHARES QQQ POWERSHARES S&P INTERNATIONAL DEVELOPED HIGH QUALITY PORTFOLIO POWERSHARES VRDO TAX FREE WEEKLY PORTFOLIO POWERSHARES WATER RESOURCE PORTFOLIO POWERSHARES WILDERHILL CLEAN ENERGY PORTFOLIO POWERSHARES WILDERHILL PROGRESSIVE ENERGY PORTFOLIO POWERSHARES ZACKS MICRO CAP PORTFOLIO PWRSHS US 1500 SMLL PowerShares DB Agriculture Fund PowerShares DB Energy Fund PowerShares DB Oil Fund S&P 500 HIGH QUALITY PORTFOLIO
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here