NYSE Euronext today announced that four new PowerShares FTSE RAFI TM international exchange-traded funds (ETFs), sponsored by PowerShares Capital Management LLC, began trading on NYSE Arca.
Today’s primary listings mark the first PowerShares ETFs to IPO on NYSE Arca. The first PowerShares FTSE RAFI Portfolio ETF to list with NYSE Euronext was the PowerShares FTSE RAFI US 1000 Portfolio (NYSE:PRF), which launched in December, 2005.
“NYSE Euronext is pleased to welcome back Powershares with today's listings," said NYSE Euronext Senior Vice President, Exchange Traded Funds and Indexes, Lisa Dallmer. "The Exchange continues to take a leading role in listing and trading of ETFs and the wider product suite offer by PowerShares is a meaningful addition to our marketplace and investors.”
These indexes are designed to track the performance of the largest equities in each country or region selected based on the following four fundamental measures of firm size: book value, income, sales and dividends . The following is a list of the four new PowerShares FTSE RAFI TM ETFs:
PowerShares FTSE RAFI Developed Markets ex-U.S Portfolio |
PXF |
PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio |
PAF |
PowerShares FTSE RAFI Europe Portfolio |
PEF |
PowerShares FTSE RAFI Japan Portfolio |
PJO |
For more information and data on NYSE Group listed ETFs and other products, please visit: http://www.nyse.com/etfs.
For more information about NYSE Arca listings, please visit: www.nyse.com/nysearca.
About NYSE Euronext
NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007 . NYSE Euronext (NYSE Euronext: NYX) operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data. Representing a combined $28.5 trillion/€21.5 trillion total market capitalization of listed companies and average daily trading value of approximately $123.4 billion/€92.4 billion (as of March 31, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets.