Invesco PowerShares Expands Smart Beta Suite With International BuyBack Achievers ETF [PowerShare Buyback Achievers Fund (ETF)]

invescoInvesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today the anticipated listing of the PowerShares International BuyBack Achievers™ Portfolio (IPKW) on Feb. 27, 2014, on the NASDAQ Stock Market, LLC. IPKW will provide investors efficient access to a portfolio of international companies classified as International BuyBack Achievers™.

BuyBack Achievers are companies that have effected a net reduction of 5% or more of their outstanding shares in the past 12 months, and have met additional criteria in accordance with the guidelines and mandated procedures of the NASDAQ OMX Group, Inc., the underlying index provider.

“Our US-focused flagship, the PowerShares BuyBack Achievers™ Portfolio (PKW) has achieved a competitive long-term track record demonstrating the investment merit of the BuyBack Achievers methodology, and more broadly of smart beta” said Lorraine Wang, Invesco PowerShares global head of ETF products and research. “The PowerShares International BuyBack Achievers Portfolio (IPKW) expands the range of tools investors can use to efficiently allocate the BuyBack Achievers strategy across the globe.”

PowerShares International BuyBack Achievers Portfolio (IPKW) is based on the NASDAQ International BuyBack Achievers™ Index. The Fund includes common stocks of foreign companies classified as International BuyBack Achievers in accordance with the NASDAQ OMX Group, Inc. proprietary selection methodology. The Fund will generally invest in all of the securities comprising the Underlying Index, and is rebalanced quarterly in January, April, July and October. The Fund has an expense ratio of 0.55%.

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About Invesco PowerShares Capital Management LLC and Invesco, Ltd.
Invesco PowerShares Capital Management LLC is leading the Intelligent ETF Revolution®through its family of more than 140 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 over $96 billion as of Dec. 31, 2013, PowerShares ETFs trade on both US stock exchanges. For more information, please visit us at or follow us on Twitter @PowerShares.

Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at

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