DOWNERS GROVE, Ill.,
Nov. 5, 2015 /PRNewswire/
-- Invesco PowerShares Capital Management, LLC, a leading
global provider of exchange-traded funds (ETFs), announced the
launch of two new ETFs; the PowerShares Russell 1000® Low Beta
Equal Weight Portfolio (USLB) and PowerShares FTSE International
Low Beta Equal Weight Portfolio (IDLB).
Both USLB and IDLB offer multi-factor concepts, which combine
individual factors that may offer excess or differentiated returns.
Multi-factor investing centered around low beta may potentially
enhance returns while reducing risk and ultimately provide for
better risk-adjusted returns.
The new USLB strategy is based on the Russell 1000® Low Beta
Equal Weight Index, offering risk-adjusted exposure to domestic
equity. USLB's factor selection focuses on risk management, which
centers on low beta, earnings and equal weighting.
The new IDLB strategy also offers risk-adjusted exposure, but is
focused on international equity based on the FTSE Developed ex US
Low Beta Equal Weight Index.
"We're excited to be rolling out two new low beta strategies,"
said Dan Draper, Managing Director,
Global Head, Invesco PowerShares. "Both ETFs have potential to
reduce risk for investors by following disciplined index
methodologies while offering exposure to risk-management
factors."
"We are happy to be able to offer innovative new methodologies
on our flagship US domestic and global indexes for investors who
seek exposure through exchange-traded funds," said Ron Bundy, CEO of North America benchmarks for FTSE Russell. "In
addition, we are excited to expand on our growing relationship with
Invesco PowerShares to provide indexes to underlie their family of
exchange-traded funds."
The launch of USLB and IDLB boosts PowerShares lineup to more
than 140 ETFs. To learn more about the Invesco PowerShares ETFs,
please visit our Resources page and consider our latest paper
'Getting Smart about Beta' here:
https://www.invesco.com/portal/site/us/financial-professional/active-passive-investing/
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 of nearly
$100 billion as of October 2, 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.
Important Information
Not FDIC Insured | May Lose Value | No Bank Guarantee
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 apply. The
funds are subject to certain other risks. Please see the prospectus
for more information regarding the risks associated with an
investment in the funds.
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 may outperform a benchmark or reduce portfolio risk or both.
Smart beta funds may underperform cap-weighted benchmarks and
increase portfolio risk.
Investments focused in a particular industry or sector are
subject to greater risk, and are more greatly impacted by market
volatility, than more diversified investments.
IDLB
Stocks of medium-sized companies tend to be more vulnerable to
adverse developments, may be more volatile, and may be illiquid or
restricted as to resale.
The risks of investing in securities of foreign issuers can
include fluctuations in foreign currencies, political and economic
instability, and foreign taxation issues.
The Russell 1000® Low Beta Equal Weight Index is designed to
track the performance of stocks in the Russell 1000 Index that
exhibit low beta characteristics. The Russell 1000 Index is
designed to measure the performance of the U.S. equity market. It
is composed of the stocks of the largest 1,000 companies by
capitalization in the U.S.
The FTSE Developed ex US Low Beta Equal Weight Index is designed
to track the performance of stocks in the FTSE Developed ex US
Index that exhibit low beta characteristics. The FTSE Developed ex
US Index is designed to measure the performance of the developed
international equity markets, and consists of large and mid-cap
companies from developed markets throughout the world, excluding
the U.S.
An investment cannot be made directly in an index.
The Russell 1000® Low Beta Equal Weight Index and
FTSE Developed ex US Low Beta Equal Weight Index are a trademarks
of Frank Russell Company and has been licensed for use by Invesco
PowerShares. The Products are not sponsored, endorsed, sold or
promoted by Frank Russell Company and Frank Russell Company makes
no representation regarding the advisability of investing in the
Products.
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, 75,000 and 100,000 shares.
Note: Not all products available through all firms.
Before investing, investors should carefully read the
prospectus/summary prospectus and carefully consider the investment
objectives, risks, charges and expenses. For this and more complete
information about the Fund call 800 983 0903 or visit
invescopowershares.com for the prospectus/summary
prospectus.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/invesco-powershares-adds-two-low-beta-equal-weight-strategies-to-smart-beta-lineup-300173219.html
SOURCE Invesco PowerShares