Invesco PowerShares Announces Name Changes for DWA Technical Leaders Suite of ETFs

CHICAGO, IL--(Marketwired - Sep 26, 2013) - Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), today announced name changes for its four DWA Technical Leaders ETFs. The Funds will continue to be based on Dorsey, Wright & Associates index methodology, and existing ticker symbols and investment objectives will remain unchanged.

On Sept. 24, the Board approved the following name changes that will take effect on October 4, 2013.

Ticker		Former Portfolio Name		New Portfolio Name
PDP		PowerShares DWA Technical Leaders Portfolio		PowerShares DWA Momentum Portfolio
DWAS		PowerShares DWA SmallCap Technical Leaders Portfolio		PowerShares DWA SmallCap Momentum Portfolio
PIZ		PowerShares DWA Developed Markets Technical Leaders Portfolio		PowerShares DWA Developed Markets Momentum Portfolio
PIE		PowerShares DWA Emerging Markets Technical Leaders Portfolio		PowerShares DWA Emerging Markets Momentum Portfolio

"We believe renaming the PowerShares DWA Technical Leaders suite as Momentum ETFs will help investors better understand how they fit within our broader suite of Smart Beta solutions, and ultimately how investors may use them in a portfolio," said Lorraine Wang, Invesco PowerShares global head of ETF products and research. "Momentum, as measured by relative strength, can be a powerful tool for stock selection. Advisors and investors are using the PowerShares DWA Momentum ETFs both as tactical portfolio allocations and as core holdings to help achieve better risk adjusted returns over time."

"Our partnership with Invesco PowerShares has been a very successful one," said Tom Dorsey, President and CEO of Dorsey, Wright & Associates. "We look forward to where this partnership will take us in the coming years." 

The PowerShares DWA Momentum ETFs, based on the Dorsey Wright & Associates (DWA) technical leaders index methodology, were the first momentum ETFs available in the US marketplace. Since launched in the beginning of 2007, the PowerShares DWA Momentum ETFs have grown to over $2 billion in assets under management as of Sept. 24, 2013.

PowerShares DWA Momentum ETFs are based on "Relative Strength", a measure of a stock's performance in relation to other investment options. Numerous studies have demonstrated that relative strength can be a powerful tool for stock selection. A key strength of this methodology is that it's based on unbiased, objective market data, as opposed to a more subjective forecasting and research models.

About Dorsey, Wright & Associates, LLC

Dorsey, Wright & Associates (DWA) is an independent and privately owned registered investment advisory firm based in Richmond, Virginia. Thomas Dorsey and Watson Wright founded Dorsey, Wright & Associates in 1987 to provide technical equity analysis services to professional and individual investors. Today, DWA remains a leader in Point & Figure analysis and Relative Strength investing. Dorsey Wright maintains a Global Technical Research Platform, available by subscription, and provides advisory, subadvisory and licensing services. For more information, please visit dorseywright.com.

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 $78 billion as of June 30, 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.

Important Terms

Beta: Is a measure of risk representing how a security is expected to respond to general market movements. For example, a beta of one means that the security is expected to move with the market. A beta of less than one means the security is expected to be less volatile than the overall market. Betas greater than one are expected to exhibit more volatility or movement than the general market.

Smart Beta: Represents an index that utilizes alternative weighting and selection, seeking to outperform a benchmark, reduce portfolio risk or both.

Important Risk Information

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. The Funds' return may not match the return of the Underlying Index.

Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Funds are considered non-diversified and may be subject to greater risks than a diversified fund.

PowerShares DWA Momentum Portfolio

Investing in securities of medium capitalization companies may involve greater risk than is customarily associated with investing in large companies.

PowerShares DWA SmallCap Momentum Portfolio

Investing in securities of small capitalization companies may involve greater risk than is customarily associated with investing in large companies.

PowerShares DWA Developed Markets Momentum Portfolio and PowerShares DWA Emerging Markets Momentum Portfolio

Foreign securities have additional risks, including exchange-rate changes, decreased market liquidity, political instability and taxation by foreign governments.

The dollar value of the fund's foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.

American Depositary Receipts (ADRs) involve many of the same risks as those associated with direct investment in foreign securities. In addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are under no obligation to distribute shareholder communications to the holders of such receipts or to pass through to them any voting rights with respect to the deposited securities.

Global Depository Receipts involve the same risks as those associated with ADRs. In addition, they are subject to currency, political, economic and market risks because their values depend on the performance of the non-dollar denominated underlying foreign securities.

A natural or other disaster could occur in a geographic region in which the Fund invests, which could adversely impact the Fund's investments in the affected region.

Securities lending involves a risk of loss because the borrower may fail to return the securities in a timely manner or at all. If a Fund is not able to recover the securities loaned, it may sell the collateral and purchase a replacement security in the market. Lending securities entails a risk of loss to the Funds if and to the extent that the market value of the loaned securities increases and the collateral is not increased accordingly.

Investing in securities of small and medium-sized companies may involve greater risk than is customarily associated with investing in large companies.

Investments focused in a particular industry or sector, such as the industrials, consumer discretionary, basic materials and financial services sectors are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

PowerShares DWA Developed Markets Momentum Portfolio

Securities lending involves a risk of loss because the borrower may fail to return the securities in a timely manner or at all. If a Fund is not able to recover the securities loaned, it may sell the collateral and purchase a replacement security in the market. Lending securities entails a risk of loss to the Funds if and to the extent that the market value of the loaned securities increases and the collateral is not increased accordingly.

PowerShares DWA Emerging Markets Momentum Portfolio

Investment in securities in emerging market countries involves risks not associated with investments in securities in developed countries.

Not FDIC Insured | May Lose Value | No Bank Guarantee

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 Units only, typically consisting of aggregations of 50,000, 75,000, 100,000 or 200,000 shares.

Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust II. Invesco Distributors Inc. is not affiliated with Dorsey, Wright & Associates, LLC.

PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares Capital Management LLC and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

An investor should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. For this and more complete information about the Funds call 800 983 0903 or visit invescopowershares.com for a prospectus. Please read the prospectus carefully before investing.