Welcome!

Microsoft Cloud Authors: Pat Romanski, Liz McMillan, Lori MacVittie, Elizabeth White, Yeshim Deniz

News Feed Item

Invesco PowerShares to Expand Low Volatility Suite With US Mid-Cap & Small-Cap Listings

PowerShares International Low Volatility ETFs Cross One-Year Mark Achieving Better Risk-Adjusted Returns Than MSCI Benchmark Indexes

CHICAGO, IL -- (Marketwire) -- 02/13/13 -- Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today plans to expand its low volatility suite of ETFs with strategies covering the US mid-cap and small-cap segments. The new ETFs are expected to begin trading on Feb. 15, 2013 on the NYSE Arca and will expand the PowerShares Low Volatility suite to five portfolios.

Low Volatility Strategies (anticipated listing on Feb. 15, 2013):

  • PowerShares S&P MidCap Low Volatility Portfolio (XMLV)
  • PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)

"Investors continue to embrace low-volatility ETF strategies as a simple and effective way to maintain equity exposure while mitigating overall portfolio risk," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "The two new PowerShares ETFs will provide investors with convenient access to low volatility strategies covering the US mid-cap and small-cap segments."

The PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV) and PowerShares S&P International Developed Low Volatility Portfolio (IDLV) recently passed their one year anniversary. Since inception on January 13, 2012, both EELV and IDLV have achieved better risk-adjusted returns compared to their respective MSCI benchmarks*.

"We are very pleased with the one-year performance for the PowerShares Low Volatility ETFs covering emerging markets (EELV) and international developed markets (IDLV)," Fulton said. "Combined with the award-winning(1) PowerShares S&P Low Volatility Portfolio (SPLV), investors can efficiently achieve global access to a low volatility investment approach which has shown the potential to improve risk-adjusted returns."

Invesco PowerShares' existing family of low volatility ETFs based upon the S&P Dow Jones Indices have gathered more than $3 billion in AUM in less than two years.

  • PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV)
  • PowerShares S&P International Developed Low Volatility Portfolio (IDLV)
  • PowerShares S&P 500® Low Volatility Portfolio (SPLV)

----------------------------------------------------------------------------
    PowerShares Low
     Volatility ETF      Performance   Volatility  Return/Risk  30-day SEC
  vs. Market Benchmark      Since         Since        (%)        Yield*
         Index           Inception*    Inception*
----------------------------------------------------------------------------
EELV                       17.08%        10.21%       1.71%        2.28%
----------------------------------------------------------------------------
MSCI Emerging Markets
Index                      13.65%        14.37%       1.06%         N/A
----------------------------------------------------------------------------
IDLV                       15.37%         8.36%       2.21%        4.81%
----------------------------------------------------------------------------
MSCI EAFE Index            17.07%        15.36%       1.51%         N/A
----------------------------------------------------------------------------
SPLV                       10.30%        13.62%       1.73%        3.00%
----------------------------------------------------------------------------
S&P 500 Index              10.57%        19.52%       0.85%         N/A
----------------------------------------------------------------------------

*Source: Bloomberg L.P., as of Jan.31, 2013, Volatility measured by standard deviation, EELV and IDLV Inception: Jan. 13, 2012, SPLV Inception: May 5, 2011. Risk-Adjust Return is the realized rate of return per unit of risk, Return / Risk.

----------------------------------------------------------------------------
Standardized performance as of Dec. 31, 2012
Since Fund Inception                             EELV      IDLV      SPLV
----------------------------------------------------------------------------
NAV                                               17.08%    15.37%    10.30%
----------------------------------------------------------------------------
Market Price                                      17.89%    15.83%    10.25%
----------------------------------------------------------------------------

Performance data quoted represents past performance. As stated in the Funds' prospectuses, the expense ratios of 0.29% (EELV and IDLV) and 0.25% (SPLV) are expressed as a unitary fee to cover expenses incurred in connection with managing the portfolio. Past performance is not a guarantee of future results; current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and Shares, when redeemed, may be worth more or less than their original cost. See invescopowershares.com to find the most recent month-end performance numbers. Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.

The PowerShares S&P MidCap Low Volatility Portfolio (XMLV) is based on the S&P MidCap 400 Low Volatility Index. Standard & Poor's compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of 80 of the least volatile stocks from the S&P MidCap 400 Index over the past 12 months. S&P weights the securities within the Underlying Index based upon the inverse of each security's volatility, with the least volatile securities receiving the highest weights in the Underlying Index. S&P rebalances the Underlying Index quarterly.

The PowerShares S&P SmallCap Low Volatility Portfolio (XSLV) is based on the S&P SmallCap 600 Low Volatility Index. Standard & Poor's compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of 120 of the least volatile stocks from the S&P SmallCap 600 Index over the past 12 months. S&P weights the securities within the Underlying Index based upon the inverse of each security's volatility, with the least volatile securities receiving the highest weights in the Underlying Index. S&P rebalances the Underlying Index quarterly.

The PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV) is based on the S&P BMI Emerging Markets Low Volatility Index. Standard & Poor's compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of 200 of the least volatile stocks of the S&P Emerging BMI plus LargeMid Cap Index. The S&P Emerging BMI Plus LargeMid Cap Index includes all publicly listed equity securities with float-adjusted market values of at least $100 million and annual dollar value traded of at least $50 million from the following countries: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, South Korea, Malaysia, Mexico, Morocco, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.

The PowerShares S&P International Developed Low Volatility Portfolio (IDLV) is based on the S&P BMI International Developed Low Volatility Index. Standard & Poor's compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of 200 of the least volatile stocks of the S&P Developed ex US and South Korea LargeMid Cap BMI Index. The S&P Developed ex US and South Korea LargeMid Cap BMI Index includes all publicly listed equity securities with float adjusted market values of at least $100 million and annual dollar value traded of at least $50 million from the following countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom.

The PowerShares S&P 500® Low Volatility Portfolio (SPLV) is based on the S&P 500® Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500® Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund is rebalanced and reconstituted quarterly in Feb, May, Aug, and Nov.

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 $70 billion as of Dec. 31, 2012, PowerShares ETFs trade on both U.S. 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 retail, institutional and high net worth 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.

1 The PowerShares S&P 500® Low Volatility Portfolio (SPLV) received the William F. Sharpe ETF of the Year Award for having the most significant impact on the ETF market in 2012.

Volatility is the annualized standard deviation of index returns. Unforeseen market conditions may prevent the fund from achieving its goal of providing low volatility.

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.

Foreign securities have additional risks, including exchange-rate changes, decreased market liquidity, political instability and taxation by foreign governments. Shares are not FDIC insured, may lose value and have no bank guarantee.

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.

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 Capital Management LLC and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

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. Please read the prospectus carefully before investing.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contacts:
Kristin Sadlon
Porter Novelli
212-601-8192
Email Contact

Bill Conboy
303-415-2290
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
The Founder of NostaLab and a member of the Google Health Advisory Board, John is a unique combination of strategic thinker, marketer and entrepreneur. His career was built on the "science of advertising" combining strategy, creativity and marketing for industry-leading results. Combined with his ability to communicate complicated scientific concepts in a way that consumers and scientists alike can appreciate, John is a sought-after speaker for conferences on the forefront of healthcare science,...
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...