Invesco PowerShares Launches Actively-Managed Equity ETFs

PowerShares Active Low Duration Fund (ticker: PLK) seeks to provide total return by investing in a portfolio of U.S. government, corporate, and agency debt securities selected by Invesco World-Wide Fixed Income, according to the announcement. The fund seeks to outperform its benchmark, Lehman Brothers 1-3 Year U.S. Treasury Index, by applying an actively managed, top-down portfolio construction and bottom-up security selection total return strategy.

PowerShares Active Mega Cap Fund (PMA) seeks to provide long-term growth of capital by investing primarily in the equity securities of mega-capitalization companies according to a quantitative approach developed by Invesco Quantitative Strategies, the announcement said. The methodology seeks to outperform its benchmark, the Russell Top 200 Index, by employing a systematic approach to portfolio management that includes quantitative models based on fundamental and technical evaluations and an optimization process that seeks to effectively manage relative risk.

PowerShares Active AlphaQ Fund (PQY) seeks to provide long-term capital appreciation by investing in a portfolio of approximately 50 securities listed on the Nasdaq Global Market, selected pursuant to a proprietary stock screening methodology developed by AER Advisors, Inc. AER’s investment process seeks to achieve returns in excess of the NASDAQ 100 Index.

PowerShares Active Alpha Multi-Cap Fund (PQZ) seeks to provide long-term capital appreciation by investing in a portfolio of approximately 50 securities selected pursuant to a proprietary stock screening methodology developed by AER Advisors, Inc. The investment process seeks to achieve returns in excess of the S&P 500 Index.

For more information, visit www.invescopowershares.com.