Invesco PowerShares Announces Changes to ETF Family

Invesco PowerShares Announces Changes to ETF Family 
CHICAGO, IL -- (Marketwire) -- 12/19/12 --  Invesco PowerShares
Capital Management LLC, a leading global provider of exchange-traded
funds (ETFs) with more than $74 billion in franchise assets,
announced changes to its product line. 
As part of its ongoing commitment to putting investors' interests
first, Invesco PowerShares announced that it plans to close 13 ETFs.
The affected funds represent less than 1% of Invesco PowerShares'
total assets. 
"We regularly review our ETF portfolios, evaluating numerous factors
such as investment results, length of time in the market and investor
interest," said Ben Fulton, Invesco PowerShares managing director of
global ETFs. "Based on this assessment, we believe the time is right
to make these moves and refocus our resources to better meet
investors' needs. As one of the leading innovators in the ETF
industry, Invesco PowerShares remains fully committed to maintaining
and developing a comprehensive and compelling product line of ETFs to
help investors meet their financial goals." 
At a Dec. 18, 2012 meeting, the PowerShares Funds Board of Trustees
approved the closings. The final day of trading on The NASDAQ Stock
Market LLC ("NASDAQ") and NYSE Arca, Inc. ("NYSE Arca") will be Feb.
26, 2013.  
Shareholders may sell their holdings on or before Feb. 26, 2013, and
may incur typical transaction fees from their broker-dealer.
Shareholders who do not sell their holdings on or before Feb. 26,
2013, will receive cash equal to the amount of the net asset value of
their shares, which will include any capital gains and dividends, in
the cash portion of their brokerage accounts on the liquidation date
(currently scheduled for March 7, 2013). Shareholders will generally
recognize a capital gain or loss equal to the amount received for
their shares over their adjusted basis in such shares.  
The affected ETFs are listed below: 


 
                                                                            
Fund Name                                                      Ticker Symbol
PowerShares Dynamic Insurance Portfolio                        PIC          
PowerShares Morningstar StockInvestor Core Port
folio           PYH          
PowerShares Dynamic Banking Portfolio                          PJB          
PowerShares Global Steel Portfolio                             PSTL         
PowerShares Active Low Duration Portfolio                      PLK          
PowerShares Global Wind Energy Portfolio                       PWND         
PowerShares Active Mega-Cap Portfolio                          PMA          
PowerShares Global Coal Portfolio                              PKOL         
PowerShares Global Nuclear Energy Portfolio                    PKN          
PowerShares Ibbotson Alternative Completion Portfolio          PTO          
PowerShares RiverFront Tactical Balanced Growth Portfolio      PAO          
PowerShares RiverFront Tactical Growth & Income Portfolio      PCA          
PowerShares Convertible Securities Portfolio                   CVRT         

 
For additional information, shareholders of the ETFs which are
scheduled for liquidation may call Invesco PowerShares at
800-983-0903.  
Invesco PowerShares Capital Management LLC is Leading the Intelligent
ETF Revolution(R) 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 $74 billion as of Sept 30, 2012,
PowerShares ETFs trade on both U.S. 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 retail,
institutional and high net worth 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.  
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.  
Note: Not all products are available through all firms. 
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 Unit aggregations only, typically
consisting of 50,000 shares. 
PowerShares(R) is a registered trademark of Invesco PowerShares
Capital Management LLC. Invesco PowerShares Capital Management LLC
and Invesco Distributors, Inc. are indirect, wholly owned
subsidiaries of Invesco Ltd. 
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. 
Media Contacts: 
Kristin Sadlon 
Cohn & Wolfe
212.798.9864
kristin.sadlon@cohnwolfe.com
Bill Conboy
303-415-2290
bill@bccapitalpartners.com 
 
 
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