CHICAGO, IL -- (Marketwire) -- 12/13/12 -- 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) received the William F. Sharpe Award for ETF Product of the Year. Listed on May 5, 2011, SPLV represents the first and largest low-volatility weighted ETF available to US investors. The ETF recently surpassed $3 billion in assets under management.
The William F. Sharpe Awards recognize the best and the brightest innovators in the field of indexing, ETFs, and investment management. This year's awards were presented at the 2012 Global Indexing & ETFs Conference held in Phoenix, AZ from December 2-5, 2012.
SPLV was recognized as ETF Product of the Year for having the most significant impact on the ETF market over the previous 12 months. This is the second consecutive year a PowerShares ETF has received this prestigious award, following the PowerShares Fundamental High Yield® Corporate Bond Portfolio (PHB) as the 2011 recipient.
"We would like to thank our industry peers for honoring Invesco PowerShares with the 2012 William F. Sharpe Award for ETF Product of the Year," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "The PowerShares S&P 500® Low Volatility Portfolio (SPLV) was a groundbreaking listing that opened the door for investors seeking to reduce volatility in their core portfolios and has become the flagship ETF in this space. The concept of using low-volatility strategies to achieve long term capital growth objectives has been steadily gaining interest with advisors and investors."
Since inception through November 30, 2012, the PowerShares S&P 500® Low Volatility Portfolio (SPLV) achieved a total return including dividends of 18.31% vs. a total return of 9.91% for the S&P 500® Index, and it has done so with approximately 30% less volatility(1).
Leading the Intelligent ETF Revolution, Invesco PowerShares was early to recognize the advantages low volatility investing. Based upon the highly regarded S&P Dow Jones Indices, the PowerShares family of low volatility ETFs provides investors with diversification opportunities across key market segments.
•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)
SPLV standardized performance as of Sept. 30, 2012 since fund inception (5/5/11)
----------------------------------------------------------------------------PowerShares S&P 500 YTD 1 Year InceptionLow Volatility Portfolio----------------------------------------------------------------------------NAV 11.06% 22.66% 13.00%----------------------------------------------------------------------------After Tax Held 10.21% 21.34% 11.76%----------------------------------------------------------------------------After Tax Sold 7.16% 14.66% 10.32%----------------------------------------------------------------------------Market Price 11.02% 22.50% 13.03%----------------------------------------------------------------------------
