CHICAGO, IL -- (Marketwire) -- 03/14/11 -- Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs) with more than $61 billion in franchise assets, announced a major plan for expanding its geographic coverage through a series of cross-listings in Mexico. Effective March 11, 2011, 38 PowerShares ETFs have been cross-listed on the international segment of Bolsa Mexicana de Valores (BMV), adding to 10 existing products that were trading in Mexico before these new cross-listings.
"We are very excited to be expanding the range of ETF solutions available to institutional investors in Mexico," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "We believe there will be strong demand from investors for our innovative family of peso-denominated ETFs that provide efficient access to a wide selection of global opportunities."
"With the addition of these new cross-listings, Invesco PowerShares in now the second largest provider of ETFs in Mexico by number of funds," added Bryon Lake, senior product manager at Invesco PowerShares. "We look forward to working closely with our sponsoring brokers to provide ongoing education and support for this important initiative."
Invesco PowerShares appointed local divisions of Deutsche Bank and J.P. Morgan as sponsoring brokers to cross-list the ETFs on the BMV. The ETFs trade through Mexican Depository Receipts denominated in pesos and the sponsoring brokers service all corporate actions including disseminating shareholder information in the Mexican market. Additionally, the sponsoring brokers have dedicated representatives available in Mexico to provide local expertise and guidance to investors. A list of the newly cross-listed ETF portfolios follows.
Ticker Name PGX PowerShares Preferred Portfolio PHO PowerShares Water Resources Portfolio PCY PowerShares Emerging Markets Sovereign Debt Portfolio PRF PowerShares FTSE RAFI US 1000 Portfolio PVI PowerShares VRDO Tax-Free Weekly Portfolio BAB PowerShares Build America Bond Portfolio PZA PowerShares Insured National Municipal Bond Portfolio PIN PowerShares India Portfolio PBW PowerShares WilderHill Clean Energy Portfolio PXH PowerShares FTSE RAFI Emerging Markets Portfolio PGJ PowerShares Golden Dragon Halter USX China Portfolio PID PowerShares International Dividend Achievers Portfolio PHB PowerShares Fundamental High Yield Corporate Bond Portfolio PIE PowerShares DWA Emerging Markets Technical Leaders Portfolio PRFZ PowerShares FTSE RAFI US 1500 Small-Mid Portfolio PWV PowerShares Dynamic Large Cap Value Portfolio PIO PowerShares Global Water Portfolio PSP PowerShares Global Listed Private Equity Portfolio PDP PowerShares DWA Technical Leaders Portfolio PLW PowerShares 1-30 Laddered Treasury Portfolio PWB PowerShares Dynamic Large Cap Growth Portfolio PXF PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio PWC PowerShares Dynamic Market Portfolio PBE PowerShares Dynamic Biotechnology & Genome Portfolio PFM PowerShares Dividend Achievers Portfolio PXR PowerShares Emerging Markets Infrastructure Portfolio PXJ PowerShares Dynamic Oil & Gas Services Portfolio PCEF PowerShares CEF Income Composite Portfolio PEY PowerShares High Yield Equity Dividend Achievers Portfolio PBD PowerShares Global Clean Energy Portfolio PZD PowerShares Cleantech Portfolio PWJ PowerShares Dynamic Mid Cap Growth Portfolio PBJ PowerShares Dynamic Food & Beverage Portfolio PIZ PowerShares DWA Developed Markets Technical Leaders Portfolio PPA PowerShares Aerospace & Defense Portfolio PIV PowerShares S&P 500 High Quality Portfolio PZI PowerShares Zacks Micro Cap Portfolio PMNA PowerShares MENA Frontier Countries Portfolio
For more information on the Bolsa Mexicana de Valores, please visit www.bmv.com.mx.
Invesco PowerShares Capital Management LLC is leading the Intelligent ETF Revolution® through its family of more than 145 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 $61 billion as of Feb. 28, 2011, PowerShares ETFs trade on both U.S. stock exchanges. For more information, please visit us at invescopowershares.com.
Invesco is a leading independent global investment manager, 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 company is 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 risks including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply.
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 Unit aggregations only, typically consisting of 50,000 Shares.
Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trusts.
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.
Note: Not all products available through all firms.
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.