Products June 30, 2010

Invesco PowerShares ETFs Undergo Index and Name Changes

June 30, 2010 (PLANSPONSOR.com) - Invesco PowerShares announced that five existing portfolios will undergo index and name changes effective on Wednesday.
Reported by

The five ETFs and their new names and indexes are: 

  • PowerShares Autonomic Growth NFA Global Asset Portfolio – PowerShares Ibbotson Alternative Completion Portfolio, Ibbotson Alternative Completion Index 
  • PowerShares Autonomic Balanced Growth NFA Global Asset Portfolio – PowerShares RiverFront Tactical Balanced Growth Portfolio, RiverFront Global Tactical Balanced Growth Index 
  • PowerShares Autonomic Balanced NFA Global Asset Portfolio – PowerShares RiverFront Tactical Growth & Income Portfolio, RiverFront Global Tactical Balanced Growth & Income Index 
  • PowerShares Value Line Timeliness Select Portfolio – PowerShares S&P 500 High Quality Portfolio, S&P 500 High Quality Rankings Index 
  • PowerShares Value Line Industry Rotation Portfolio – PowerShares Morningstar StockInvestor Core Portfolio, Morningstar StockInvestor Core Index 

 

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“We believe the new indexes will better align the portfolios with the changing investment landscape, provide investors with the potential for improved risk-adjusted returns, and position our family of ETFs for continued growth,” said Ben Fulton, Invesco PowerShares managing director of global ETFs, in the announcement.

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