Invesco PowerShares Celebrates 10th Anniversary of First Smart Beta Portfolio, PowerShares FTSE RAFI US 1000 (PRF)

DOWNERS GROVE, Ill., Dec. 9, 2015 /PRNewswire/ -- Invesco PowerShares Capital Management, LLC, a leading global provider of exchange-traded funds (ETFs), today joined index provider Research Affiliates to ring the New York Stock Exchange opening bell to recognize the 10^th anniversary of the PowerShares FTSE RAFI US 1000 Portfolio (PRF), the first fundamental index strategy ETF that may have been the starting point for the "smart beta" industry as we know it today.

"We launched PRF nearly ten years ago on December 19, 2005, which we believe was turning point in providing individual investors broad access to strategies now termed smart beta," said Dan Draper, Managing Director and Head of Invesco PowerShares. "Today, PRF seeks to offer investors the potential to outperform a cap-weighted benchmark using a transparent, broadly diversified, low-cost strategy."

In 2005, PowerShares partnered with Research Affiliates of Newport Beach, Calif., the leading provider of innovative indexing strategies, to launch PRF based on the FTSE RAFI US 1000 Index. Since the launch of PRF, PowerShares now offers more than 90 different smart beta ETF strategies.

"Fundamental Index^® weights companies based on their economic scale in the macroeconomy — not security prices, which are moved by the fads, bubbles, crashes and the shifting expectations of the market," said Rob Arnott, Founder and Chairman of Research Affiliates. "The launch of PRF a decade ago was pivotal in the adoption of Fundamental Index strategies, now used on over $100 billion worldwide, as well as setting the stage for the smart beta revolution. PRF's success speaks to the tremendous relationship we've had with PowerShares over the years. We intend to continue to collaborate and to continue to drive innovation in smart beta with them for many years to come."

PRF tracks the FTSE RAFI US 1000 Index, which offers broad exposure to U.S. large- and mid-cap stocks. The Index is designed to track the performance of the largest U.S. equities based on four measures of fundamental size — five-year averages of sales, cash flow, dividends and most recent year ending book value. PRF mitigates potential shortcomings with traditional indexes by ignoring market emotion, and instead, seeks to systematically buy low and sell high through an annual rebalancing process.

"Looking ahead, continued education will be key to further adoption of these strategies," said Draper. "We expect that as more investors recognize the benefits of smart beta strategies and, particularly, strategies that focus on factors and alternative weighting methodologies, interest in the category will continue to grow."

Through smart beta, investors have access to an expanded toolbox of approaches that can deliver exposure to low volatility, momentum, value and quality factors. Smart beta is among the fastest-growing segments of asset management. In the coming years, single- and multi-factor strategies may continue to experience strong growth and widespread investor adoption.

Smart beta may have several different names throughout the industry such as "strategic beta" or "alternative beta." But, as an early pioneer of these strategies, PowerShares is committed to helping investors evaluate proven smart beta strategies and can help implement them into investors' portfolios to meet their investment goals.

About Invesco
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 of nearly $100 billion as of October 2, 2015, 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.

Disclosures
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. The fund is subject to certain other risks.

Please see the current prospectus for more information regarding the risk associated with an investment in the fund. Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC, investment adviser. Invesco PowerShares Capital Management LLC (Invesco PowerShares) and Invesco Distributors, Inc., ETF distributor, are indirect, wholly owned subsidiaries of Invesco Ltd. Invesco Distributors, Inc. is not associated with Research Affiliates.

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.

Note: Not all products available through all firms or in all jurisdictions.

Not FDIC Insured| May Lose Value | No Bank Guarantee 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 units only, typically consisting of aggregations of 500,000, 75,000 100,000 or 200,000.

Since ordinary brokerage commissions apply for each buy and sell transaction, frequent trading activity may increase the cost of ETFs. ETFs disclose their full portfolios daily.

An investor should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. For this and more complete information about the Funds call 800 983 0903 or visit invescopowershares.com for a prospectus. Please read the prospectus carefully before investing.

SOURCE Invesco PowerShares Capital Management, LLC

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