CHICAGO, IL -- (Marketwire) -- 02/13/13 -- Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today plans to expand its low volatility suite of ETFs with strategies covering the US mid-cap and small-cap segments. The new ETFs are expected to begin trading on Feb. 15, 2013 on the NYSE Arca and will expand the PowerShares Low Volatility suite to five portfolios.
Low Volatility Strategies (anticipated listing on Feb. 15, 2013):
•PowerShares S&P MidCap Low Volatility Portfolio (XMLV) •PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)
"Investors continue to embrace low-volatility ETF strategies as a simple and effective way to maintain equity exposure while mitigating overall portfolio risk," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "The two new PowerShares ETFs will provide investors with convenient access to low volatility strategies covering the US mid-cap and small-cap segments."
The PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV) and PowerShares S&P International Developed Low Volatility Portfolio (IDLV) recently passed their one year anniversary. Since inception on January 13, 2012, both EELV and IDLV have achieved better risk-adjusted returns compared to their respective MSCI benchmarks*.
"We are very pleased with the one-year performance for the PowerShares Low Volatility ETFs covering emerging markets (EELV) and international developed markets (IDLV)," Fulton said. "Combined with the award-winning(1) PowerShares S&P Low Volatility Portfolio (SPLV), investors can efficiently achieve global access to a low volatility investment approach which has shown the potential to improve risk-adjusted returns."
Invesco PowerShares' existing family of low volatility ETFs based upon the S&P Dow Jones Indices have gathered more than $3 billion in AUM in less than two years.
•PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV) •PowerShares S&P International Developed Low Volatility Portfolio (IDLV) •PowerShares S&P 500® Low Volatility Portfolio (SPLV)
---------------------------------------------------------------------------- PowerShares Low Volatility ETF Performance Volatility Return/Risk 30-day SEC vs. Market Benchmark Since Since (%) Yield* Index Inception* Inception*----------------------------------------------------------------------------EELV 17.08% 10.21% 1.71% 2.28%----------------------------------------------------------------------------MSCI Emerging MarketsIndex 13.65% 14.37% 1.06% N/A----------------------------------------------------------------------------IDLV 15.37% 8.36% 2.21% 4.81%----------------------------------------------------------------------------MSCI EAFE Index 17.07% 15.36% 1.51% N/A----------------------------------------------------------------------------SPLV 10.30% 13.62% 1.73% 3.00%----------------------------------------------------------------------------S&P 500 Index 10.57% 19.52% 0.85% N/A----------------------------------------------------------------------------
