Invesco Launches Two High-Beta ETFs

February 22, 2012 (PLANSPONSOR.com) - Invesco PowerShares Capital Management LLC announced the listing of two new ETFs that will provide investors with access to high-beta strategies covering emerging and international developed markets.

The ETFs are expected to begin trading February 24, 2012 on the NYSE Arca. The two new portfolio names and ticker symbols are: 

• EEHB PowerShares S&P Emerging Markets High Beta Portfolio; and 
• IDHB PowerShares S&P International Developed High Beta Portfolio. 

The PowerShares S&P Emerging Markets High Beta Portfolio (EEHB) is based on the S&P BMI Emerging Markets High Beta Index. The fund will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor’s and consists of the 200 stocks in the S&P Emerging BMI Plus LargeMid Cap Index that are the most sensitive to changes in market returns (or beta) over the past 12 months. Constituents are weighted by their corresponding beta, with the most sensitive stocks receiving the highest weights.  

The PowerShares S&P International Developed High Beta Portfolio (IDHB) is based on the S&P BMI International Developed High Beta Index. The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor’s and consists of the 200 stocks in the S&P Developed ex. U.S. and South Korea LargeMid Cap BMI Index that are the most sensitive to changes in market returns (or beta) over the past 12 months. Constituents are weighted by their corresponding beta, with the most sensitive stocks receiving the highest weights.   

Although the funds seek to add beta, there is no assurance that the funds will meet that goal.  

Rebecca Moore
editors@plansponsor.com