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PowerShares to List Global Nuclear Energy Portfolio
| Source: PowerShares Capital Management
CHICAGO, IL--(Marketwire - March 25, 2008) - PowerShares Capital Management LLC, a leading
provider of exchange-traded funds (ETFs), announced today the PowerShares
Global Nuclear Energy Portfolio (NYSE : PKN ) begins trading on the NYSE
Arca, Inc.
"Since 2001, nuclear power plants have achieved lower production costs than
coal, natural gas and oil,"(1) said Bruce Bond, president and CEO of
PowerShares Capital Management LLC. "We believe higher oil prices, rising
standards of living, and demand for cleaner sources of energy are favorable
trends powering worldwide growth for the nuclear energy industry. The
PowerShares Global Nuclear Energy Portfolio provides investors exposure to
the performance of the global nuclear energy industry in the benefit-rich
ETF format."
The PowerShares Global Nuclear Energy Portfolio (PKN) is based on the WNA
Nuclear Energy Index(SM). The Index is designed to track the overall
performance of globally traded companies that are engaged in the nuclear
energy industry with representation across reactors, utilities,
construction, technology, equipment, service providers and fuels. The
rules-based index is rebalanced quarterly from a universe of equity
securities traded on recognized stock exchanges in the Americas, Europe,
the Middle East, Africa and Asia/Pacific.
PowerShares Capital Management LLC is leading the intelligent ETF
revolution through its family of more than 100 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 of over
$35 billion, PowerShares ETFs trade on all three U.S. stock exchanges. For
more information, please visit us at www.powershares.com.
PowerShares is a part of Invesco, a leading independent global investment
management company, dedicated to helping people worldwide build their
financial security. By delivering the combined power of our distinctive
worldwide investment management capabilities, including AIM, Atlantic
Trust, Invesco, Perpetual, PowerShares, Trimark, and WL Ross, Invesco
provides a comprehensive array of enduring investment solutions for retail,
institutional and high net worth clients around the world. Operating in 20
countries, the company is currently listed on the New York Stock Exchange
under the symbol IVZ. Additional information is available at
www.invesco.com.
Important Risk Information
There are risks involved with investing in ETFs, including possible loss of
money. The Fund is not actively managed and is subject to risk similar to
stocks. Shares are subject to risks including those associated with
investing in small and medium-sized companies, foreign securities and
industry-specific risk. Please see the prospectus for more complete
information regarding an investment in the Fund. Shares are not FDIC
insured, may lose value and have no bank guarantee.
Shares may be sold throughout the day on the NYSE Arca, Inc. through any
brokerage account. Shares may only be redeemed directly from the Portfolio
by Authorized Participants in large blocks typically consisting of 100,000
Shares.
Investments in the securities of non-U.S. issuers involve risks beyond
those associated with investments in U.S. securities. These additional
risks include greater market volatility, the availability of less reliable
financial information, higher transactional costs, taxation by foreign
governments, decreased market liquidity and political instability. There is
also additional risk associated with an investment concentrated in the
nuclear energy industry. The energy industry can be significantly affected
by obsolescence of existing technology, short product cycles, falling
prices and profits, competition from new market entrants and general
economic conditions.
A I M Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trust II.
An investor should consider the Fund's investment objective, risks, charges
and expenses carefully before investing. The prospectus contains this and
other information about the Fund. For this and more complete information
about the Fund call 800.983.0903 or visit the website www.powershares.com
to obtain a prospectus. Please read the prospectus carefully before
investing.
The information in the prospectus is not complete and may be changed. The
portfolio may not sell its Shares until the registration statement filed
with the Securities and Exchange Commission is effective. The prospectus is
not an offer to sell the portfolio Shares, nor is the portfolio soliciting
an offer to buy its Shares in any jurisdiction where the offer or sale is
not permitted.
(1) Nuclear Energy Institute, as of 2007