CHICAGO, IL -- (Marketwire) -- 09/03/08 -- Invesco PowerShares Capital Management LLC, a
leading provider of exchange-traded funds (ETFs), announced today the
anticipated listing of the PowerShares Global Biotech Portfolio Sept. 18,
2008, on the Nasdaq Stock Market.
-- PBTQ - PowerShares Global Biotech Portfolio
"We believe the PowerShares Global Biotech Portfolio will provide investors
transparent, tax-efficient access to the largest and most advanced
biotechnology companies in the world using the benefit-rich ETF structure,"
said Bruce Bond, president and CEO of Invesco PowerShares. "PBTQ should be
a great addition to our growing suite of global ETF portfolios."
The PowerShares Global Biotech Portfolio (PBTQ) is based on the NASDAQ OMX
Global Biotech Index(SM). The Index is designed to measure the overall
performance of globally traded securities of the largest and most liquid
companies involved in the biotechnology industry. The Index is rebalanced
quarterly using a modified market capitalization-weighting methodology.
Index Company Weightings as of 6/30/2008
PowerShares Global Biotech
Portfolio (PBTQ)
Index
Company Weight(%)
------- --------
Amgen Inc. 8.00
Gilead Sciences Inc. 8.00
GenenTech 8.00
Celgene Corp. 8.00
Genzyme Corp. 8.00
CSL Ltd. 4.00
Biogen Idec Inc. 4.00
Actelion Ltd. 4.00
Vertex Pharmaceuticals Inc. 4.00
Cephalon Inc. 3.87
Source: The NASDAQ OMX Group, Inc., based on hypothetical Index information
as of June 30, 2008. The Index was not yet operational as of June 30, 2008.
Allocations represent the percentages that would have been utilized if the
Index had been operational. Data is subject to change. Index values do not
represent Fund values. Past performance is no guarantee of future results.
An investor cannot invest directly in an index.
Invesco PowerShares currently offers 127 portfolios, one of the largest,
most diverse families of ETFs available to U.S. investors today.
Invesco PowerShares is leading the intelligent ETF revolution through its
family of more than 100 domestic and international index-based and actively
managed exchange-traded funds. With assets under management as of June 30,
2008, of approximately $13.95 billion, PowerShares ETFs trade on all of the
major U.S. stock exchanges that trade ETFs. For more information, please
visit us at www.invescopowershares.com.
Invesco PowerShares is a part of Invesco Ltd., a leading independent global
investment management company dedicated to helping people worldwide build
their financial security.