SOURCE: PowerShares Capital Management

March 15, 2006 16:09 ET

PowerShares Surpasses $5 Billion in Exchange Traded Fund Assets

PowerShares Assets Under Management Increased by $2 Billion Over the Past Three Months

CHICAGO, IL -- (MARKET WIRE) -- March 15, 2006 -- PowerShares Capital Management, LLC, an asset management firm specializing in the development and management of Intelligent Exchange Traded Funds (ETFs), announced today that it has exceeded $5 billion in assets under management. The PowerShares ETF family currently consists of 37 different funds.

"Advisors are continuing to embrace PowerShares and to incorporate them into client portfolios," said Bruce Bond, CEO of PowerShares Capital Management. "We are very encouraged with these early trends and remain committed to providing the most compelling ETF investments possible to investment professionals."

Below is a complete list of PowerShares family of exchange traded funds. Click on the fund for more detailed information.

Broad Market

PWC -Dynamic Market Portfolio
PWO -Dynamic OTC Portfolio
PRF -FTSE RAFI US 1000 Portfolio
Sector/Industry
PBE -Dynamic Biotechnology & Genome Portfolio
PBJ -Dynamic Food & Beverage Portfolio
PBS -Dynamic Media Portfolio
PBW -WilderHill Clean Energy Portfolio
PEJ -Dynamic Leisure & Entertainment Portfolio
PHO -Water Resources Portfolio
PHW -Dynamic Hardware & Consumer Electronics Portfolio
PIC -Dynamic Insurance Portfolio
PIV -Value Line Timeliness Select Portfolio
PJP -Dynamic Pharmaceuticals Portfolio
PKB -Dynamic Building & Construction Portfolio
PMR -Dynamic Retail Portfolio
PPA -Aerospace & Defense Portfolio
PSI -Dynamic Semiconductors Portfolio
PSJ -Dynamic Software Portfolio
PTE -Dynamic Telecommunications & Wireless Portfolio 
PUI -Dynamic Utilities Portfolio
PXE -Dynamic Energy Exploration & Production Portfolio
PXJ -Dynamic Oil & Gas Services Portfolio
PXN -Lux Nanotech Portfolio
PXQ -Dynamic Networking Portfolio
Style/Size
PWB -Dynamic Large Cap Growth Portfolio
PWV -Dynamic Large Cap Value Portfolio
PWJ -Dynamic Mid Cap Growth Portfolio
PWP -Dynamic Mid Cap Value Portfolio
PWT -Dynamic Small Cap Growth Portfolio
PWY -Dynamic Small Cap Value Portfolio
PZJ -Zacks Small Cap Portfolio
PZI -Zacks Micro Cap Portfolio
Dividend Income
PFM -Dividend Achievers Portfolio
PEY -High Yield Equity Dividend Achievers Portfolio
PID -International Dividend Achievers Portfolio
PHJ -High Growth Rate Dividend Achievers Portfolio
Foreign
PGJ -Golden Dragon Halter USX China Portfolio
PowerShares Capital Management, LLC

PowerShares Capital Management, LLC provides institutional caliber asset management and market exposure through the replication of enhanced indexes. PowerShares delivers this sophisticated asset management in one of the more benefit rich investment vehicles available today, the exchange traded fund. The firm is committed to theoretically sound portfolio construction and empirically verifiable investment management approaches. PowerShares' asset management philosophy and investment discipline are deeply rooted in the application of intuitive factor analysis and model implementation to enhance investment decisions.

Risks of Owning PowerShares

PowerShares funds are made up of publicly traded securities that can and will move higher and lower with market movements. You should anticipate that the value of the shares of each fund will advance or decline more or less in correlation with the advance or decline in value of the applicable index. The funds are not actively managed and shares of the funds may trade at or below the funds' NAV. Exchange traded funds are subject to risks similar to those of stocks, including risks associated with short-selling and margin account maintenance.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. A prospectus which contains more complete information about PowerShares, including, risks, fees and expenses can be obtained by visiting the PowerShares web site at www.PowerShares.com or by calling 800-983-0903. The prospectus should be read carefully before investing.

ALPS Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust.

Contact Information

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