Invesco PowerShares Announces Launch of Europe Currency Hedged Low Volatility Portfolio (FXEU)

DOWNERS GROVE, Ill., May 11, 2015 /PRNewswire/ -- Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced the launch of the PowerShares Europe Currency Hedged Low Volatility Portfolio (FXEU), which was listed today on the NYSE Arca. Based on the S&P^® Eurozone Low Volatility USD Hedged Index, FXEU aims to provide investors with European equity exposure while helping to mitigate unexpected equity market developments and potential currency risk. 

"European stocks have seen significant volatility over the last ten years and there is a clear need for risk management solutions," said Dan Draper, Managing Director and Head of Invesco PowerShares. "International investing is often accompanied by the risks of uncertain stock selection and foreign exchange fluctuations. While the Eurozone economy presents an important opportunity to global investors, changing economic, geopolitical and market dynamics have led many to re-think currency and volatility risk. Further enhancing our suite of low volatility solutions, FXEU allows participation in the European equity market's potential upside while aiming to protect portfolios from potential market downturns."

FXEU is based on a simple and transparent index methodology. The 80 stocks with the lowest realized volatility over the past year are selected from the S&P Eurozone BMI Index to form the S&P Eurozone Low Volatility USD Hedged Index. Constituents are weighted by the inverse of their volatility so that the stocks with the lowest volatility receive the greatest weights. To further improve the risk mitigation of this low volatility strategy, the portfolio is then 100 percent currency hedged to the U.S. dollar using rolling one-month forward contracts that are adjusted monthly.

To learn more about the Invesco PowerShares Europe Currency Hedged Low Volatility Portfolio (FXEU), please visit https://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=FXEU.

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 $100 billion as of December 31, 2014 PowerShares ETFs trade on both US stock exchanges. For more information, please visit us at invescopowershares.com 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 www.invesco.com.

Important Risk Information
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index.

Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Equity risk is the risk that the value of equity securities, including common stocks, may fall due to both changes in general economic and political conditions that impact the market as a whole, as well as factors that directly relate to a specific company or its industry.

The Fund is considered non-diversified and may be subject to greater risks than a diversified fund.

There is no assurance that the Fund will provide low volatility.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC (S&P) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P® and Standard & Poor's® are trademarks of S&P and Dow Jones® is a trademark of Dow Jones. These trademarks have been sublicensed for certain purposes by Invesco PowerShares Capital Management LLC (Invesco PowerShares). The Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Invesco PowerShares. The Fund is not  sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of investing in such product(s).

Shares are not individually redeemable and owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only, typically consisting of 50,000, 75,000 and 100,000 shares.

Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust. PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC. Invesco PowerShares Capital Management LLC (Invesco PowerShares) and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

Note: Not all products available through all firms.

Before investing, investors should carefully read the prospectus/summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the Fund call 800 983 0903 or visit invescopowershares.com for the prospectus/summary prospectus.

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SOURCE Invesco PowerShares Capital Management LLC

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