DOWNERS GROVE, Ill. and
NEW YORK, May 26, 2015 /PRNewswire/ -- Invesco PowerShares
Capital Management LLC, a leading global provider of
exchange-traded funds (ETFs), expanded its relationship with six
Pure Style ETFs that are open for trading on the NYSE Arca. The six
ETFs are based on the Russell Pure Style Indexes, a new series of
smart beta indexes introduced by FTSE Russell to build on its
signature growth and value indexes. The PowerShares Russell Pure
Style Portfolios provide investors who are seeking more control
over style exposures in their portfolio with an optimum balance
between growth and value segments within large-, mid-, and
small-cap companies.
The PowerShares Russell Pure Style Portfolios include six ETFs
that can be used as tactical tools to tilt an existing style
allocation according to market dynamics. Unlike traditional style
indexes that weight constituents based upon market capitalization,
the Russell Pure Style Index methodology weights constituents based
upon their relative style characteristics, delivering enhanced
style precision and eliminating the overlap between growth and
value stocks that is inherent in traditional methodology.
Russell's U.S. equity indexes are amongst the most broadly
utilized in the world, with their style methodology adopted by both
institutional and retail investors for its elegance in measuring
the growth and value segments of equity markets. Since
Russell launched the first value and growth indexes in 1987,
Russell style indexes have become leading benchmarks for style
investing in the U.S.
The names and tickers of the complete portfolio lineup are
listed below.
|
Value
|
Growth
|
Top
200
|
PowerShares Russell
Top 200
Pure Value
Portfolio (PXLV)
|
PowerShares Russell
Top 200
Pure Growth
Portfolio (PXLG)
|
Mid-Cap
|
PowerShares Russell
Midcap
Pure Value Portfolio (PXMV)
|
PowerShares Russell
Midcap
Pure Growth Portfolio (PXMG)
|
2000
|
PowerShares Russell
2000 Pure
Value Portfolio (PXSV)
|
PowerShares Russell
2000
Pure Growth Portfolio (PXSG)
|
"We are pleased to offer a suite of products that offer precise,
stylistically-pure investment solutions to investors' portfolios,"
said Dan Draper, Managing Director
of Invesco PowerShares. "Through our partnership with FTSE Russell,
we are able to provide clients access to a unique style methodology
that offers sharp, focused and non-overlapping exposure."
"We are so excited to be expanding our relationship with Invesco
PowerShares and growing our collaboration in developing and
delivering smart beta-oriented index solutions for investors," said
Ron Bundy, CEO of North American
Benchmarks for FTSE Russell. "We hope to continue to build on our
collaboration to benefit our clients going forward."
"In a landscape where the needs of institutional and retail
investors continue to evolve, the PowerShares Russell Pure Style
portfolios offer investors greater control over the style exposures
within their portfolios," added John
Feyerer, Director of Equity ETF Product Strategy at Invesco
PowerShares. "As one of the most broadly utilized style
methodologies in the world, the Russell Pure Style indexes can help
to build a customized investment portfolio when it is imperative
that style allocation be sharp, focused, and stylistically
pure."
In January 2015, Invesco
PowerShares and FTSE Russell announced the launch of the
PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to offer
advisors another smart beta option as building blocks for a
diversified investment portfolio. Following that launch, in
March 2015, Invesco PowerShares
announced the transition of the underlying index and index provider
of their pure style portfolios to the Russell Pure Style
methodology in an effort to align its fund offerings with a
changing market dynamic and better meet investors' long-term
goals.
About Invesco PowerShares Capital Management LLC and Invesco,
Ltd.
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
$100 billion as of March 31, 2015 PowerShares ETFs trade on both US
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 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.
About FTSE Russell:
FTSE Russell is a global index leader that provides innovative
benchmarking, analytics and data solutions for investors
worldwide. FTSE Russell calculates thousands of indexes that
measure and benchmark markets and asset classes in more than 80
countries, covering 98% of the investable market globally and
trading on over 25 exchanges worldwide.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Leading asset
owners, asset managers, ETF providers and investment banks use FTSE
Russell indexes to benchmark their investment performance and
create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance. FTSE Russell is also focused on
index innovation and client collaboration as it seeks to enhance
the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com.
Beta is a measure of risk representing how a security is
expected to respond to general market movements. Smart Beta
represents an alternative and selection index based methodology
that seeks to outperform a benchmark or reduce portfolio risk, or
both in active or passive vehicles. Smart beta funds may
underperform cap-weighted benchmarks and increase portfolio
risk.
Important Risk Information
There are risks involved with investing in ETFs, including
possible loss of money. Index-based ETFs 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 Funds' returns may not
match the return of the Underlying Indices.
Investing in securities of small and medium-sized companies may
involve greater risk than is customarily associated with investing
in large companies.
Investments focused in a particular industry are subject to
greater risk, and are more greatly impacted by market volatility,
than more diversified investments.
In general, equity values fluctuate, sometimes widely, in
response to activities specific to the company as well as general
market, economic and political conditions.
The Funds are considered non-diversified and may be subject to
greater risks than a diversified fund.
The Funds are subject to certain other risks. Please see the
current prospectus for more information regarding the risk
associated with an investment in the Funds.
A value style of investing is subject to the risk that the
valuations never improve or that the returns will trail other
styles of investing or the overall stock markets.
Growth stocks tend to be more sensitive to changes in their
earnings and can be more volatile.
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 Units only, typically consisting
of aggregations of 50,000, 75,000, 100,000 or 200,000 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). 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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