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Invesco PowerShares lists low volatility and high beta, S&P 500 based ETFs

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Invesco’s PowerShares S&P 500 Low Volatility Portfolio (NYSE Arca: SPLV) and PowerShares S&P 500 High Beta Portfolio (NYSE Arca: SPHB) have begun trading on the NYSE Arca.

The portfolios are the first ETFs to provide investors access to low volatility and high beta versions of the widely followed S&P 500® Index.

“We believe the PowerShares S&P 500 Low Volatility Portfolio is an attractive tool for advisors seeking lower volatility for the portfolio core, and may offer a measure of protection in down cycles while still potentially participating in upward trending cycles,” says Ben Fulton (pictured), Invesco PowerShares managing director of global ETFs.

“For advisors and investors seeking cost-effective ways to add a bullish tactical portfolio tilt, we believe the PowerShares S&P 500 High Beta Portfolio allows investors to increase their exposure to the equity market without using leverage.”

The PowerShares S&P 500 Low Volatility Portfolio (SPLV) is the first volatility-weighted ETF and seeks investment results that correspond (before fees and expenses) generally to the price and yield of the S&P 500 Low Volatility Index (the Underlying Index). The fund will invest at least 90% of its total assets in common stocks that comprise the Underlying Index, which consists of the 100 stocks from the S&P 500 Index, with the lowest realised volatility over the past 12 months as determined by Standard & Poor’s. Index constituents are rebalanced quarterly.

The PowerShares S&P 500 High Beta Portfolio (SPHB) is the first beta-weighted ETF and seeks investment results that correspond (before fees and expenses) generally to the price and yield of the S&P 500 High Beta Index (the Underlying Index). The fund will invest at least 90% of its assets in common stocks that comprise the Underlying Index, which consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months as determined by Standard & Poor’s. Index constituents are rebalanced quarterly.

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