PowerShares Unveils High Beta' International ETFs

ETFguide

Invesco PowerShares Capital Management is adding to its menu of high beta' ETFs, this time focusing on emerging markets and developed international stocks.

The Wheaton, IL-based fund manager is planning to launch the following ETFs on February 24 on the NYSE Arca:

PowerShares S&P Emerging Markets High Beta Portfolio (NYSEArca: EEHB - News)EEHB is based on the S&P BMI Emerging Markets High Beta Index, which consists of the 200 stocks in the S&P Emerging BMI Plus LargeMid Cap Index that are the most sensitive to changes in market returns (or beta) over the past 12 months. Constituents are weighted by their corresponding beta, with the most sensitive stocks receiving the highest weights.

PowerShares S&P International Developed High Beta Portfolio (NYSEArca: IDHB - News) IDHB is based on the S&P BMI International Developed High Beta Index, which is made up of the 200 stocks in the S&P Developed ex-US and South Korea LargeMid Cap BMI Index that are the most sensitive to changes in market returns (or beta) over the past 12 months. Constituents are weighted by their corresponding beta, with the most sensitive stocks receiving the highest weights.

InvescoPowerShares has been expanding its lineup of high beta and low volatility ETFs over the past year.

In May 2011, the PowerShares S&P High Beta Portfolio (NYSEArca: SPHB - News) and S&P 500 Low Volatility Portfolio (NYSEArca: SPLV - News) were launched. In January 2012, the PowerShares S&P Emerging Markets Low Volatility Portfolio (NYSEArca: EELV - News) and the PowerShares S&P International Developed Low Volatility Portfolio (NYSEArca: IDLV - News) were both added.

'Investors are seeking a more tactical approach to investing and we believe the PowerShares Global Factor-Driven ETFs can provide an efficient means to capitalize on bull markets by adding beta to their portfolio, while having the flexibility to reduce risk in flat or bear markets by adding low volatility strategies to their portfolio,' said Ben Fulton, Invesco PowerShares managing director of global ETFs.

Invesco PowerShares Capital Management oversees 140 domestic and international exchange-traded funds with $57.6 billion as of December 31, 2011.



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