- ETF Tracks 100-Year Icons of American
Business in the NYSE Century IndexSM -
NYSE Euronext and Invesco PowerShares Capital Management LLC, a
leading global provider of exchange-traded funds (ETFs), today
announced the launch of the PowerShares NYSE Century Portfolio
(NYCC) on NYSE Arca. NYCC is based on the NYSE Century Index, which
includes U.S. companies that have been incorporated for at least
100 years, are listed on a U.S. exchange and have a market
capitalization of at least $1 billion.
Executives and guests of Invesco
PowerShares ring the opening bell at the NYSE. (Photo: Business
Wire)
NYCC is the first fund based on the NYSE Century Index. To learn
more about NYCC, visit invescopowershares.com/NYCC
“The PowerShares NYSE Century Portfolio invests in household
names that have defined the American economy for more than a
century,” said Martin L. Flanagan, president and CEO of Invesco. We
believe NYCC offers investors targeted exposure to companies that
have demonstrated the ability to innovate, transform and grow
through decades of varying economic cycles, political conditions
and social change.”
"We are very pleased to list the PowerShares NYSE Century
Portfolio on NYSE Arca,” said Duncan L. Niederauer, President, ICE
and CEO, New York Stock Exchange. “NYCC unlocks the investment
potential of the NYSE Century Index, providing investors with
exposure to the leadership, stability and sound business execution
of the NYSE Century Club, a community of U.S. companies that have
demonstrated longevity and contributed to economic and social
progress for more than 100 years.”
About the NYSE Century IndexSM
Launched in 2012, the NYSE Century Index is composed of American
companies that have been incorporated in the U.S. for at least 100
years, listed on a U.S. exchange and have a market capitalization
of at least $1 Billion. The index’s selection criteria results in a
diverse range of companies from mega caps to smaller companies from
10 major sectors. Currently comprised of 372 companies, the NYSE
Century Index is equally weighted and rebalanced annually.
About NYSE Euronext
NYSE Euronext is a wholly-owned subsidiary of Intercontinental
Exchange Group (NYSE: ICE), operator of the leading global network
of exchanges and clearing houses. NYSE Euronext operates
multi-asset exchanges, and a range of related data products and
technology services. The company’s equity exchanges - the New York
Stock Exchange, NYSE MKT and NYSE Arca - trade nearly one-third of
the world's cash equity volume. NYSE is the global leader in
capital raising for listed companies, including the majority of
technology IPOs globally in 2013. The company’s equity options
markets, NYSE Arca Options and NYSE Amex Options offer
complementary market models. NYSE Euronext also provides
comprehensive global connectivity services and a range of market
data products to support efficient, transparent markets.
NYSE Euronext disclaimer
NYSE Euronext and its affiliates do not recommend or make any
representation as to possible benefits from any securities or
investments, or third-party products or services. Investors should
undertake their own due diligence regarding their securities and
investment practices.
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, 2013, 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
Please see the below important information from Invesco
PowerShares Capital Management LLC and Invesco Ltd.
Not FDIC Insured | May Lose Value | No Bank Guarantee
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.
Common stock risk is the financial risk that the value of an
individual company’s stock may fall as a result of factors directly
relating to that company, such as decisions made by its management
or lower demand for the company’s products or services. Common
stocks may decline significantly in price over short or extended
periods of time.
Investing in securities of large-cap companies may involve
greater risk than is customarily associated with investing in
stocks of smaller companies. Investments focused in a particular
industry are subject to greater risk, and are more greatly impacted
by market volatility, than more diversified investments.
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.
NYSE Century IndexSM and NYSE® are service marks of NYSE
Euronext or its affiliates (NYSE Euronext) and have been licensed
for use by Invesco PowerShares Capital Management LLC (the Adviser)
in connection with PowerShares NYSE Century Portfolio (the Fund).
Neither the Adviser nor the Fund is sponsored, endorsed, sold or
promoted by NYSE Euronext. NYSE Euronext makes no representations
or warranties regarding the Trust or the Fund or the ability of the
NYSE Century IndexSM to track general stock market performance.
PowerShares® is a registered trademark of Invesco PowerShares
Capital Management LLC (Invesco PowerShares). Invesco PowerShares
and Invesco Distributors, Inc. are indirect, wholly owned
subsidiaries of Invesco Ltd.
Invesco Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trust II.
Note: Not all products available through all firms.
An investor should consider the Fund’s investment objective,
risks, charges and expenses carefully before investing. The
prospectus contains this and other information about the Fund. For
this and more complete information about the Fund call 800 983 0903
or visit invescopowershares.com for a prospectus. Please read the
prospectus carefully before investing.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20140115005869/en/
MediaNYSE Euronext:Sara Rich, +1
212-656-4527srich@nyx.comorInvesco PowerShares Capital
Management:Porter NovelliKristin Sadlon,
212-601-8192kristin.sadlon@porternovelli.comorBill Conboy,
303-415-2290bill@bccapitalpartners.com
NYSE Group (NYSE:NYX)
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NYSE Group (NYSE:NYX)
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