Invesco PowerShares Announces Major Expansion of ETF Listings in Mexico
March 14 2011 - 5:05PM
Marketwired
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.
General Risks
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.
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Media Contacts: Kristin Sadlon Porter Novelli
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