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Invesco PowerShares and FTSE Russell Expand Smart Beta Relationship with Complete Pure Style Portfolios

SPGP, XSVM, IVZ

Six ETFs based on the Russell Pure Style Methodology Enable Index-Based Investors to Take Style Investing to Another Level Include only stocks with pure growth and pure value characteristics Eliminates overlap inherent in traditional methodology

DOWNERS GROVE, Ill. and NEW YORK, May 26, 2015 /PRNewswire/ -- Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), expanded its relationship with six Pure Style ETFs that are open for trading on the NYSE Arca. The six ETFs are based on the Russell Pure Style Indexes, a new series of smart beta indexes introduced by FTSE Russell to build on its signature growth and value indexes. The PowerShares Russell Pure Style Portfolios provide investors who are seeking more control over style exposures in their portfolio with an optimum balance between growth and value segments within large-, mid-, and small-cap companies.

PowerShares by Invesco

The PowerShares Russell Pure Style Portfolios include six ETFs that can be used as tactical tools to tilt an existing style allocation according to market dynamics. Unlike traditional style indexes that weight constituents based upon market capitalization, the Russell Pure Style Index methodology weights constituents based upon their relative style characteristics, delivering enhanced style precision and eliminating the overlap between growth and value stocks that is inherent in traditional methodology.

Russell's U.S. equity indexes are amongst the most broadly utilized in the world, with their style methodology adopted by both institutional and retail investors for its elegance in measuring the growth and value segments of equity markets.  Since Russell launched the first value and growth indexes in 1987, Russell style indexes have become leading benchmarks for style investing in the U.S.

The names and tickers of the complete portfolio lineup are listed below.

 


Value

Growth

Top 200

PowerShares Russell Top 200

 Pure Value Portfolio (PXLV)

PowerShares Russell Top 200

 Pure Growth Portfolio (PXLG)

Mid-Cap

PowerShares Russell Midcap
Pure Value Portfolio (PXMV)

PowerShares Russell Midcap
Pure Growth Portfolio (PXMG)

2000

PowerShares Russell 2000 Pure
Value Portfolio (PXSV)

PowerShares Russell 2000
Pure Growth Portfolio (PXSG)

 

"We are pleased to offer a suite of products that offer precise, stylistically-pure investment solutions to investors' portfolios," said Dan Draper, Managing Director of Invesco PowerShares. "Through our partnership with FTSE Russell, we are able to provide clients access to a unique style methodology that offers sharp, focused and non-overlapping exposure."

"We are so excited to be expanding our relationship with Invesco PowerShares and growing our collaboration in developing and delivering smart beta-oriented index solutions for investors," said Ron Bundy, CEO of North American Benchmarks for FTSE Russell. "We hope to continue to build on our collaboration to benefit our clients going forward." 

"In a landscape where the needs of institutional and retail investors continue to evolve, the PowerShares Russell Pure Style portfolios offer investors greater control over the style exposures within their portfolios," added John Feyerer, Director of Equity ETF Product Strategy at Invesco PowerShares. "As one of the most broadly utilized style methodologies in the world, the Russell Pure Style indexes can help to build a customized investment portfolio when it is imperative that style allocation be sharp, focused, and stylistically pure."

In January 2015, Invesco PowerShares and FTSE Russell announced the launch of the PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to offer advisors another smart beta option as building blocks for a diversified investment portfolio.  Following that launch, in March 2015, Invesco PowerShares announced the transition of the underlying index and index provider of their pure style portfolios to the Russell Pure Style methodology in an effort to align its fund offerings with a changing market dynamic and better meet investors' long-term goals. 

About Invesco PowerShares Capital Management LLC and Invesco, Ltd.

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 $100 billion as of March 31, 2015 PowerShares ETFs trade on both US 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 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.

About FTSE Russell:

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide.  FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 80 countries, covering 98% of the investable market globally and trading on over 25 exchanges worldwide.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Leading asset owners, asset managers, ETF providers and investment banks use FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance. FTSE Russell is also focused on index innovation and client collaboration as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group.

For more information, visit www.ftserussell.com.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both in active or passive vehicles. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

Important Risk Information

There are risks involved with investing in ETFs, including possible loss of money. Index-based ETFs are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Funds' returns may not match the return of the Underlying Indices.

Investing in securities of small and medium-sized companies may involve greater risk than is customarily associated with investing in large companies.

Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

In general, equity values fluctuate, sometimes widely, in response to activities specific to the company as well as general market, economic and political conditions.

The Funds are considered non-diversified and may be subject to greater risks than a diversified fund.

The Funds are subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Funds.

A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets.

Growth stocks tend to be more sensitive to changes in their earnings and can be more volatile.

Note: Not all products are available through all firms.

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 Units only, typically consisting of aggregations of 50,000, 75,000, 100,000 or 200,000 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).  Invesco PowerShares Capital Management LLC and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

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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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/invesco-powershares-and-ftse-russell-expand-smart-beta-relationship-with-complete-pure-style-portfolios-300088712.html

SOURCE Invesco PowerShares Capital Management LLC