J.P. Morgan announced today that it has been appointed by Invesco PowerShares Capital Management LLC (“PowerShares”), a leading provider of exchange-traded funds, to offer 17 of its U.S.-registered ETFs on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).
“It’s a pleasure to partner with J.P. Morgan in offering 17 of PowerShares’ ETFs in the Mexican market”
The 17 new PowerShares’ ETFs are listed on the BMV in pesos, and trades can be initiated through a local broker. They are:
- PowerShares MENA Frontier Countries Portfolio
- PowerShares VRDO Tax-Free Weekly Portfolio
- PowerShares Build America Bond Portfolio
- PowerShares Insured National Municipal Bond Portfolio
- PowerShares International Dividend Achievers™ Portfolio
- PowerShares Fundamental High Yield® Corporate Bond Portfolio
- PowerShares DWA Emerging Markets Technical Leaders Portfolio
- PowerShares DWA Technical Leaders Portfolio
- PowerShares 1-30 Laddered Treasury Portfolio
- PowerShares Dividend Achievers™ Portfolio
- PowerShares CEF Income Composite Portfolio
- PowerShares High Yield Equity Dividend Achievers™ Portfolio
- PowerShares DWA Developed Markets Technical Leaders Portfolio
- PowerShares Zacks Micro Cap Portfolio
- PowerShares Emerging Markets Sovereign Debt Portfolio
- PowerShares Dynamic Large Cap Value Portfolio
- PowerShares S&P 500 High Quality Portfolio
J.P. Morgan’s Depositary Receipts (DR) business services the ETFs and handles all corporate actions. J.P. Morgan disseminates relevant shareholder and corporate actions information in the Mexican market via BMV. Additionally, a dedicated J.P. Morgan representative is available in Mexico City to provide local expertise and guidance to investors.
“It’s a pleasure to partner with J.P. Morgan in offering 17 of PowerShares’ ETFs in the Mexican market,” said Ben Fulton, Invesco PowerShares’ managing director of global ETFs. “With increasing investor demand for peso-denominated ETFs, we feel certain that PowerShares’ ETFs will benefit from J.P. Morgan’s expertise in the Mexican ETF arena.”
Joseph Dooley, Americas regional head of DRs, J.P. Morgan, said: “We’re pleased to be selected to sponsor PowerShares’ ETFs in Mexico, and we look forward to offering investors PowerShares’ peso-denominated ETFs on the BMV.”
For market information on DRs and international equities please view J.P. Morgan’s award-winning web site: www.adr.com. For more information on J.P. Morgan’s DR services, please visit: http://www.jpmorgan.com/visit/adr.
Invesco PowerShares Capital Management LLC is leading the Intelligent ETF Revolution® through its family of more than 145 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 $61 billion as of Feb. 28, 2011, PowerShares ETFs trade on both U.S. stock exchanges. For more information, please visit us at invescopowershares.com.
Invesco is a leading independent global investment manager, 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 retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply.
About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of J.P. Morgan Chase Bank, N.A. (NYSE: JPM), WSS leverages the firm’s unparalleled scale, leading technology and deep industry expertise to service investments around the world. It has $16.1 trillion in assets under custody and $7.3 trillion in funds under administration. For more information, go to www.jpmorgan.com/wss.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
JPMorgan Chase & Co.
John Johmann, +1-212-270-8371