-- PLK - PowerShares Active Low Duration Fund
-- PMA - PowerShares Active Mega Cap Fund
-- PQY - PowerShares Active AlphaQ Fund
-- PQZ - PowerShares Active Alpha Multi-Cap Fund
"PowerShares is honored to participate in ushering in the Actively Managed
ETF revolution, the most significant industry event since its inception 15
years ago," said Bruce Bond, president and CEO of Invesco PowerShares. "We
believe the advent of actively-managed ETFs has the potential to change the
way people invest in the future, thus altering the investing landscape as
we know it today. The introduction of Active ETFs further amplifies
PowerShares' ongoing commitment to providing investment advisers with
innovative financial excellence."
Invesco PowerShares is a part of Invesco, Ltd. a leading independent global
investment management company.
"The introduction of active equity ETFs represents a milestone for Invesco
and for the investment management industry," said Invesco President and CEO
Martin L. Flanagan. "It enables us to provide clients further access to our
comprehensive, high-quality investment management capabilities through the
convenience of an ETF."
PowerShares Active Low Duration Fund and PowerShares Active Mega Cap Fund
will be managed by Invesco. PowerShares Active AlphaQ Fund and PowerShares
Active Alpha Multi-Cap Fund will be subadvised by AER Advisors, Inc.
PowerShares Active Low Duration Fund 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. 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. The Fund's effective duration is
estimated to be in the range of zero to three years. The Fund's portfolio
holdings will be disclosed daily on the Fund's website.
Brendan Gau and Scot Johnson, who have more than 25 years of investment
experience between them, will serve as portfolio managers for the
PowerShares Active Low Duration Portfolio. The fund's unitary fee will be
0.29%.
PowerShares Active Mega Cap Fund 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 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. The Fund's
portfolio holdings will be disclosed daily on the Fund's website.
Jeremy S. Lefkowitz is the lead manager of the portfolio management team at
Invesco Quantitative Strategies. Mr. Lefkowitz has 40 years of investment
experience. For more than 23 years, Invesco Quantitative Strategies Group
has managed equity strategies using an active research-based stock
selection process with careful risk management in an attempt to provide
clients with consistent returns. Central to the investment process is a
proprietary Stock Selection Model designed to consistently capture alpha
through the systematic application of key financial indicators and
behavioral concepts. The Fund's unitary fee will be 0.75%.
PowerShares Active AlphaQ Fund 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 by focusing on the stocks identified through AER's proprietary stock
screening methodology. The Fund's portfolio holdings will be disclosed
daily on the Fund's website.
David J. O'Leary, who has more than 35 years of investment industry
experience, will serve as lead Portfolio Manager to the fund. The Fund
seeks to outperform traditional ETFs by using proprietary research methods,
and by measuring money flows and fundamentals from current public data. The
fund's unitary fee will be 0.75%.
PowerShares Active Alpha Multi-Cap Fund 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 by focusing on the stocks identified through
AER's stock screening methodology. The Fund's portfolio holdings will be
disclosed daily on the Fund's website.
David J. O'Leary, who has more than 35 years of investment industry
experience, will serve as lead Portfolio Manager to the fund. The Fund
seeks to outperform traditional ETFs by using proprietary research methods,
and by measuring money flows and fundamentals from current public data. The
Fund's unitary fee will be 0.75%.
Invesco PowerShares is leading the intelligent ETF revolution through its
family of more than 100 domestic, international and active exchange-traded
funds. With assets under management of $12.75 billion, PowerShares ETFs
trade on all of the major U.S. stock exchanges that trade ETFs. For more
information, please visit us at www.invescopowershares.com.
Invesco PowerShares is a part of Invesco, Ltd. a leading independent global
investment management company, dedicated to helping people worldwide build
their financial security. By delivering the combined power of its
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.
AER Advisors is a private financial services firm located in Rye Beach,
N.H. The firm's primary focus is on product development of actively managed
ETFs. The PowerShares Active Alpha ETFs are based on a flexible universe of
over 3,000 U.S. exchange listed stocks and seeks to outperform traditional
index ETFs by using a proprietary research methodology developed by AER
Advisors, Inc. For more information, please visit www.aeradvisors.com.
Risks of Owning Actively Managed Exchange-Traded Funds
There are risks involved with investing in the Funds. The Funds are
actively managed and because actively managed ETFs have a limited trading
history, there can be no assurance as to whether and to what extent the
Funds' shares will trade at premiums or discounts to net asset value.
Shares are not FDIC insured, may lose value and have no bank guarantee. You
may lose money investing in the Funds.
The PowerShares Active Low Duration Fund may be subject to risks associated
with interest rate fluctuations, investments in high yield below investment
grade securities and mortgage- and asset-backed securities. Please read the
prospectus for more information.
The PowerShares Active Mega Cap Fund and PowerShares Active Low Duration
Fund may be subject to risks associated with the use of derivatives,
engaging in leverage transactions and their status as non-diversified
portfolios. The value of derivatives may rise or fall more rapidly than
other investments. The use of leverage may cause the Funds' portfolios to
liquidate portfolio positions when it may not be advantageous to do so to
satisfy their obligations.
Additionally, the PowerShares Active Mega Cap Fund, PowerShares Active
AlphaQ Fund and PowerShares Active Alpha Multi-Cap Fund may be subject to
market risk, equity risk and small- and medium-capitalization company risk.
Small- and mid-cap companies tend to be more vulnerable to adverse
developments and more volatile than larger companies.
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.
All four funds will be advised by Invesco PowerShares Capital Management
LLC. PowerShares Active Low Duration Fund and PowerShares Active Mega Cap
Fund will be managed by the Invesco World-Wide Fixed Income and Invesco
Quantitative Strategies teams, respectively, both of which are groups
within Invesco Institutional (N.A.), Inc., sub-adviser to the funds.
PowerShares Active AlphaQ Fund and PowerShares Active Alpha Multi-Cap Fund
will be sub-advised by AER Advisors, Inc.
Invesco Aim Distributors, Inc. is the distributor of the PowerShares
Actively Managed Exchange-Traded Fund Trust.
An investor should consider each Fund's investment objective, risks,
charges and expenses carefully before investing. The prospectus contains
this and other information about the Funds. For more complete information
about the Funds or to obtain a prospectus, call 800.983.0903. Please read
the prospectus carefully before investing.
Contact Information: Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Bill Conboy BC Capital Partners 303-415-2290