Invesco PowerShares Capital Management LLC, a leading provider of
exchange-traded funds (ETFs), announced today the listing of the
PowerShares Global Progressive Transportation Portfolio. The new
portfolio will begin trading on Sept. 18, 2008, on the Nasdaq Stock
Market.
-- PTRP - PowerShares Global Progressive Transportation
Portfolio
"Improving the efficiency of moving people and goods worldwide
through reduced fuel consumption and shortened transit times are
just a few of the important issues progressive transportation
companies are working to address," said Bruce Bond, president and
CEO of Invesco PowerShares. "We believe the PowerShares Progressive
Transportation ETF seeks to provide investors a convenient way to
invest in a global portfolio of companies focused on sustainable
transportation through the benefit-rich ETF structure."
The World Business Council for Sustainable Development defines
sustainable transportation as the ability to meet the needs of
society to move freely, gain access, communicate, trade and
establish relationships without sacrificing other essential human
or ecological values today or in the future.
The PowerShares Global Progressive Transportation Portfolio
(PTRP) is based on the Wilder NASDAQ OMX Global Energy Efficient
Transport Index(SM). The index tracks the performance of a global
group of companies focused on technologies for utilization of
greener, more efficient sources of energy to initiate a societal
transition toward cleaner, less costly and more efficient means of
transportation. The Index includes companies listed on global stock
exchanges involved in four core focus areas: alternative vehicles;
rail and subway systems; sea, land, air and intermodal; and
transport innovation. The Index is rebalanced quarterly using a
modified market capitalization-weighting methodology with
consideration to trading volume and float-adjusted market
capitalization minimums.
Index Weightings as of June 30, 2008.
Index
Weight
Country (%)
United States 42.18
Italy 5.14
Chile 2.78
Canada 10.08
Japan 7.32
Taiwan 7.83
Germany 4.94
China 2.27
Mexico 2.67
Brazil 2.67
Greece 2.67
France 4.73
United Kingdom 2.36
Malaysia 2.36
Source: The NASDAQ OMX Group, Inc., based on hypothetical Index information
as of June 30, 2008.
Invesco PowerShares is leading the intelligent ETF revolution
through its family of more than 100 domestic and international
index-based and actively managed exchange-traded funds. With assets
under management as of June 30, 2008, of approximately $13.95
billion, PowerShares ETFs trade on all of the major U.S. stock
exchanges that trade ETFs. For more information, please visit us at
www.invescopowershares.com.
Invesco PowerShares is a part of Invesco Ltd., a leading
independent global investment management company dedicated to
helping people worldwide build their financial security. By
delivering the combined power of its distinctive worldwide
investment management capabilities, including AIM, Atlantic Trust,
Invesco, Perpetual, PowerShares, Trimark, and WL Ross, 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 company is currently 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 risk similar to stocks and covered call options, as well
as those risks related to short selling and margin maintenance.
Ordinary brokerage commissions apply.
Shares are not FDIC insured, may lose value and have no bank
guarantee.
Small and Medium-Sized Company Risk Information
An investment in securities of small and medium-sized companies
involves greater risk than is customarily associated with investing
in more established, larger sized companies.
Foreign Risk Information
An investment in the securities of non-U.S. issuers involves
risks beyond those associated with investments in U.S. securities,
including, but not limited to: greater market volatility, the
availability of less reliable financial information, higher
transactional and custody costs, taxation by foreign governments,
decreased market liquidity, political instability, negative impact
of changes in currency exchange rates or foreign governmental
regulation, currency risk, fluctuation due to changes in interest
rates, effects of monetary policies issued by the United States,
foreign governments, central banks or supranational entities and
currency controls or other national or global political economic
developments, among others.
Non-Diversified Fund Risk Information
The Fund is considered non-diversified and can invest a greater
portion of 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.
Industry and Sector Risk
When a Fund is focused in a specific industry or sector, it
presents greater risks than if it were broadly diversified over
numerous industries and sectors of the economy. There are
additional risks associated with investing in companies involved in
the transportation industry. Please read the prospectus for a
summary of these risks pertaining to each industry or sector.
PowerShares� is a registered trademark of Invesco PowerShares
Capital Management LLC. Invesco PowerShares Capital Management LLC
and Invesco Aim Distributors, Inc. are indirect, wholly owned
subsidiaries of Invesco Ltd. NASDAQ�, OMX(TM) and Wilder NASDAQ OMX
Global Sustainable Transportation Index(SM) are trade/service marks
of The NASDAQ OMX Group, Inc. (which with its affiliates is
referred to as the "Corporations") and are licensed for use by
Invesco PowerShares. The Fund has not been passed on by the
Corporations as to their legality or suitability. The Fund is not
issued, endorsed, sold or promoted by the Corporations. The
Corporations make no warranties and bear no liability with respect
To The Fund.
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 100,000 shares.
Invesco Aim Distributors, Inc. is the distributor of the
PowerShares Exchange-Traded Fund Trust II.
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 for
a prospectus. The prospectus contains this and other information
regarding the Fund. Please read the prospectus carefully before
investing.
The information in the prospectus is not complete and may be
changed. The Funds may not sell their Shares until the registration
statement filed with the Securities and Exchange Commission is
effective. The prospectus is not an offer to sell the portfolios'
Shares, nor are the portfolios soliciting an offer to buy their
Shares in any jurisdiction where the offer or sale is not
permitted.
Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Email
Contact Bill Conboy BC Capital Partners 303-415-2290 Email
Contact
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