Invesco PowerShares Capital Management LLC, a leading global
provider of exchange-traded funds (ETFs), announced today the
anticipated listing of the PowerShares DWA SmallCap Technical
Leaders
™ Portfolio on July 19, 2012 on the
NYSE Arca. The new Fund is expected to trade under the ticker DWAS
and represents the first US small-cap ETF based on the concept of
relative strength ranking.
The PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS)
will be the fourth ETF that Invesco PowerShares has listed based on
the DWA Technical Leaders strategy since 2007. Technical Leaders
are companies identified by the DWA selection methodology that
possess strong relative strength characteristics compared to their
peers and industry benchmarks. The existing products have attracted
$750 million in assets under management as of June 30, 2012.
"We are pleased to once again partner with Dorsey, Wright &
Associates for the PowerShares DWA SmallCap Technical Leaders
Portfolio (DWAS), providing investors with a full suite of
Technical Leaders ETFs based on the firm's respected research,"
said Ben Fulton, Invesco PowerShares managing director of global
ETFs. "The DWA Technical Leaders strategy, based on relative
strength, is widely followed by advisors and professional asset
managers."
Relative strength is a quantitative measure of a stock's
performance in relation to the rest of the market, expressed
generally in percentage form. Numerous studies have demonstrated
relative strength may be a powerful tool for stock selection. A key
strength of this methodology is that it's based on unbiased,
objective market data, as opposed to a more subjective forecasting
and research model.
PowerShares DWA Technical Leaders Strategies:
DWAS PowerShares DWA SmallCap Technical™ Leaders Portfolio (Anticipated
listing 7/19/12)
PDP PowerShares DWA Technical Leaders™ Portfolio
PIE PowerShares DWA Emerging Markets Technical Leaders Portfolio
PIZ PowerShares DWA Developed Markets Technical Leaders Portfolio
The PowerShares DWA SmallCap Technical Leaders
Portfolio (DWAS) is based on the Dorsey Wright SmallCap
Technical Leaders™ Index. The Fund generally will invest at least
90% of its total assets in equity securities of small
capitalization companies that comprise the Underlying Index. The
Index includes approximately 200 companies pursuant to a
proprietary selection methodology that is designed to identify
companies that demonstrate powerful relative strength
characteristics from a small-cap universe of approximately 2,000
US-listed companies. The Fund is rebalanced and reconstituted
quarterly.
Dorsey, Wright & Associates, Inc. is an independent and
privately owned registered investment advisory firm. Founded in
1987, Point & Figure, a form of technical market analysis first
popularized by Charles Dow in the late 1800s, is central to Dorsey
Wright's investment philosophy.
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 $65 billion as of June
30, 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.
There are risks involved with investing in ETFs, including
possible loss of money. Shares 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' return may not
match the return of the Underlying Index.
Investments focused in a particular industry are subject to
greater risk, and are more greatly impacted by market volatility,
than more diversified investments.
Investing in securities of small and medium capitalization
companies may involve greater risk than is customarily associated
with investing in large companies.
The Fund is considered non-diversified and may be subject to
greater risks than a diversified fund.
The Technical Leaders™ Ranking System is a trademark of Dorsey
Wright & Associates that is licensed to Invesco PowerShares
Capital Management LLC. This product is not sponsored, recommended,
sold or promoted by Dorsey Wright & Associates or any of its
affiliates.
The Dorsey Wright SmallCap Technical Leaders
Index is calculated by Dow Jones, the marketing name and a licensed
trademark of CME Group Index Services LLC ("CME Indexes"). "Dow
Jones Indexes" is a service mark of Dow Jones Trademark Holdings
LLC ("Dow Jones"). Products based on the Dorsey Wright SmallCap
Technical Leaders Index(SM), are not sponsored, endorsed, sold or promoted by CME
Indexes, Dow Jones and their respective affiliates make no
representation regarding the advisability of investing in such
product(s).
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 shares.
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 Fund's
investment objective, risks, charges and expenses carefully before
investing. For this and more complete information about the Fund
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 Cohn & Wolfe
212.798.9864 Email Contact Bill Conboy 303-415-2290 Email
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