CHICAGO, IL -- (Marketwire) -- 11/20/08 -- Invesco PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), announced the PowerShares Active U.S. Real Estate Fund began trading today on the NYSE Arca under the ticker symbol (NYSE: PSR).

"The PowerShares Active U.S. Real Estate Fund (PSR) provides investors an innovative new way to access a portfolio of U.S Real Estate REITs through the investment management expertise of Invesco Real Estate," said Bruce Bond, president and CEO of Invesco PowerShares. "We are very proud to be offering the industry's largest family of actively managed equity ETFs, which combine the benefits of active management with the benefit-rich ETF structure."

The PowerShares Active U.S. Real Estate Fund (PSR) seeks to provide high total return by investing in publicly traded U.S. real estate companies selected using a proprietary stock selection model developed by Invesco Institutional (N.A.), Inc. (Invesco Institutional). The selection methodology seeks to outperform its benchmark, the FTSE NAREIT Equity REITs Index, using quantitative and statistical metrics to identify attractively priced securities and manage risk. The fund will invest primarily in equity real estate investment trusts (REITs). The Fund's portfolio holdings will be disclosed daily on the Fund's website.

Joe V. Rodriguez, Jr., the lead manager overseeing the Fund's investment management team at Invesco Institutional, is the head of real estate securities for Invesco Real Estate, which is an investment management affiliate of Invesco Institutional. Mr. Rodriguez has 25 years of industry experience. The Fund's expense ratio is anticipated to be 0.80%.*

*The expense ratio is expressed as unitary fees to cover expenses incurred in connection with managing the portfolio.

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 Sept. 30, 2008, of approximately $12 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.