Invesco PowerShares Expands Smart Beta Suite With New International
BuyBack Achievers ETF
CHICAGO, IL--(Marketwired - Feb 27, 2014) - Invesco PowerShares
Capital Management LLC, a leading global provider of
exchange-traded funds (ETFs), announced today the listing of the
PowerShares International BuyBack Achievers™ Portfolio (IPKW) on
the NASDAQ Stock Market, LLC. IPKW provides investors efficient
access to a portfolio of international companies classified as
International BuyBack Achievers™.
BuyBack Achievers are companies that have effected a net
reduction of 5% or more of their outstanding shares in their most
recent fiscal year, and have met additional criteria in accordance
with the guidelines and mandated procedures of the NASDAQ OMX
Group, Inc., the underlying index provider.
"The buyback methodology is generally more tax-efficient
relative to dividend payments and may provide investors enhanced
total shareholder return," said Lorraine Wang, Invesco PowerShares
global head of ETF products and research. "The merits of the
BuyBack Achievers methodology, and more broadly smart beta, are
demonstrated in our US-focused flagship product PowerShares BuyBack
Achievers (PKW), so we are excited to provide investors a way to
participate in global opportunities as well."
PowerShares International BuyBack Achievers Portfolio (IPKW) is
based on the NASDAQ International BuyBack Achievers™ Index. The
Fund includes common stocks of foreign companies classified as
International BuyBack Achievers in accordance with the NASDAQ OMX
Group, Inc. proprietary selection methodology. The Fund will
generally invest in all of the securities comprising the Underlying
Index, and is rebalanced quarterly in January, April, July and
October. The Fund has an expense ratio of 0.55%.
To learn more about the PowerShares International BuyBack
Achievers Portfolio (IPKW), or Smart Beta investing, please visit:
http://www.invescopowershares.com.
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 $96 billion* as of Dec.
31, 2013, 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.
*US franchise assets include QQQs, BLDRS and DB
Funds. ALPS Distributors, Inc. is the distributor of PowerShares
QQQ, BLDRS Funds and PowerShares DB Funds. PowerShares QQQ and
BLDRS Funds are unit investment trusts. Invesco PowerShares and
Invesco Distributors, Inc. are not affiliated with ALPS
Distributors, Inc.
Not FDIC Insured | May Lose Value | No Bank Guarantee
Important Risk Information
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. Smart beta funds may underperform cap-weighted benchmarks and
increase portfolio risk.
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
Fund's return may not match the return of the Underlying Index.
IPKW Common stocks may decline significantly in price over short
or extended periods of time and may be more volatile than other
types of investments.
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.
Investments focused in a particular industry are subject to
greater risk, and are more greatly impacted by market volatility
than more diversified investments.
Much of the income received by the Fund will be in foreign
currencies. Because the Fund's net asset value (NAV) is determined
in US dollars, the Fund's NAV could decline if the currency of the
non-US markets in which the Fund invests depreciate against the US
dollar.
A natural or other disaster could occur in a geographic region
in which the Fund invests, which could adversely impact the Fund's
investments in the affected region.
The Fund will invest in common stocks of foreign issuers,
because foreign exchanges may be open on days when the Fund does
not price its shares, the value of the non-US securities in the
Fund's portfolio may change on days when you will not be able to
purchase or sell your shares.
Investing in securities of small and medium-sized companies may
involve greater risk than is customarily associated with investing
in large companies.
The Fund is considered non-diversified and may be subject to
greater risks than a diversified fund.
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.
Note: Not all products, materials or services available at all
firms.
Invesco Registered Representatives should familiarize themselves
with its objective, structure, fees/charges, and risks of each
strategy prior to discussing the product with anyone outside the
firm. This may not be reproduced, shown or quoted to financial
advisors or to members of the general public or used in written
form as sales literature; any such use would be in violation of the
FINRA conduct rules. NASDAQ® is a registered trademark of The
NASDAQ OMX Group, Inc. and Buyback Achievers™ is a trademark of
Mergent, Inc. The marks are licensed for use by Invesco PowerShares
Capital Management LLC in connection with the PowerShares
International BuyBack Achievers Portfolio. The Fund is not
sponsored or endorsed by The NASDAQ OMX Group, Inc. or Mergent Inc.
and neither The NASDAQ OMX Group, Inc. nor Mergent, Inc. makes any
warranty or any representation as to the accuracy and/or
completeness of the Index or results to be obtained by any person
from use of the Index or trading of the ETF.
PowerShares® is a registered trademark of Invesco PowerShares
Capital Management LLC (Invesco PowerShares). Invesco PowerShares
and Invesco Distributors, Inc. are indirect, wholly owned
subsidiaries of Invesco Ltd.
Invesco Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trust and the PowerShares Exchange-Traded Fund
Trust II.
Note: Not all products available through all firms.
An investor should consider the Fund's investment objective,
risks, charges and expenses carefully before investing. The
prospectus contains this and other information about the Fund. 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.
022714 2930
Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Email
Contact Bill Conboy 303-415-2290 Email Contact
Invesco Senior Loan ETF (AMEX:BKLN)
Historical Stock Chart
From Nov 2024 to Dec 2024
Invesco Senior Loan ETF (AMEX:BKLN)
Historical Stock Chart
From Dec 2023 to Dec 2024