PowerShares S&P 500 Low Volatility Portfolio Surpasses $4 Billion AUM Mark


CHICAGO, IL--(Marketwire - Mar 18, 2013) - Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today the PowerShares S&P 500 Low Volatility Portfolio (SPLV) has surpassed $4 billion in assets under management, demonstrating its broad appeal within the investment community.

"Invesco PowerShares pioneered low-volatility ETFs. We take pride in being first to market with groundbreaking products, and SPLV is a prime example of our ongoing commitment to innovation," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "As the flagship low-volatility ETF on the market, SPLV has averaged over $7.6 million in inflows per day since its inception."

The PowerShares S&P 500 Low Volatility Portfolio launched in May 2011 to help investors reduce portfolio volatility and improve risk-adjusted returns. SPLV continues to be the largest and most actively traded low-volatility ETF on the market today.1

"Investors have been allocating low-volatility ETF strategies as core portfolio holdings," said John Feyerer, head of product strategy & research at Invesco PowerShares. "PowerShares low-volatility ETFs are based on an index methodology that is easy to understand and are an effective way for investors to add or maintain equity exposures, while attempting to mitigate overall portfolio risk. We believe the PowerShares suite of low-volatility ETFs represent an attractive alternative to cap weighted strategies."

Invesco PowerShares has the largest family of low-volatility ETFs on the market, both in number of products as well as collective AUM:

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

PowerShares S&P 500 Low Volatility Portfolio tracks the S&P 500 Low Volatility Index which consists of 100 stocks selected from the S&P 500® Index with the lowest realized volatility over the past 12 months. Since May 2011, the S&P 500 Low Volatility Index has achieved better returns with lower volatility than both the MSCI USA Minimum Volatility Index and S&P 500 Index.

             
Performance   S&P 500
Low Volatility Index
  MSCI USA Minimum Volatility Index   S&P 500
Index
1 Year   17.40%   15.75%   13.46%
Since SPLV Inception on 5/5/11 (annualized)   14.26%   13.45%   9.63%
Dividend 12-Month Yield2   3.15%   2.79%   2.12%
             
Volatility   S&P 500
Low Volatility Index
  MSCI USA Minimum Volatility Index   S&P 500
Index
1 Year   8.67%   9.21%   12.83%
Since SPLV Inception   13.19%   13.65%   18.89%
             

1 Source: Bloomberg L.P., as of Feb, 28, 2013
2 Source: Bloomberg L.P. and Factset, as of March 13, 2013
Performance & volatility data source: Bloomberg L.P. as of Feb. 28, 2013

SPLV standardized performance as of Sept. 30, 2012 since fund inception (5/5/11)

         
PowerShares S&P 500 Low Volatility Portfolio   1 Year   Inception
NAV   10.03%   10.30%
After Tax Held   8.86%   9.07%
After Tax Sold   6.50%   8.06%
Market Price   9.87%   10.25%
         

SPLV 30-Day SEC Yield as of 3/14/13: 2.93%

Performance data quoted represents past performance. 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. After Tax Held represents total return after taxes on distributions and assumes Shares have not been sold. After Tax Sold represents total return after taxes on distributions and the sale of Fund Shares. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. 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. Unmanaged index returns do not reflect any fees, expenses, or sales charges. An investment cannot be made directly into an index.

For additional information on Low Volatility investing, please visit: http://PowerShares.com/Volatility

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.

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 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.

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.

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 Funds' investment objective, risks, charges and expenses carefully before investing. For this and more complete information about the Funds, call 800 983 0903. Please read the prospectus carefully before investing.

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