Administration October 27, 2008

Invesco PowerShares Announces Lowered Expense Ratios

October 27, 2008 (PLANSPONSOR.com) - Invesco PowerShares Capital Management LLC, a provider of exchange-traded funds (ETFs) announced that expense ratios for its eleven domestic PowerShares FTSE RAFI ETF portfolios will be lowered to 39 basis points effective November 1, 2008.
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According to a press release, the ticker symbols and names for the portfolios are: 

  • PRF       PowerShares FTSE RAFI US 1000 Portfolio
  • PRFZ     PowerShares FTSE RAFI US 1500 Small-Mid Portfolio
  • PRFM    PowerShares FTSE RAFI Basic Materials Sector Portfolio
  • PRFG    PowerShares FTSE RAFI Consumer Goods Sector Portfolio
  • PRFS     PowerShares FTSE RAFI Consumer services Sector Portfolio
  • PRFE     PowerShares FTSE RAFI Energy Sector Portfolio
  • PRFF     PowerShares FTSE RAFI Financials Sector Portfolio
  • PRFH     PowerShares FTSE RAFI Health Care Sector Portfolio
  • PRFN     PowerShares FTSE RAFI Industrials Sector Portfolio
  • PRFQ     PowerShares FTSE RAFI Telecom & Technology Sector Portfolio
  • PRFU     PowerShares FTSE RAFI Utilities Sector Portfolio

“The PowerShares fundamentals weighted ETFs are an important alternative to cap weighted portfolios seeking to provide investors higher returns with lower volatility over time. We are pleased to continue our industry leading role and will be lowering fees across the entire domestic FTSE RAFI lineup,” said Bruce Bond, President and CEO of Invesco PowerShares, in the press release.

More information is at www.invescopowershares.com .

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