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PowerShares Lists Its First Ever Actively-Managed ETFs On NYSE Arca

Date 11/04/2008

NYSE Euronext (NYX) today announced the launch of the PowerShares first four actively-managed ETFs, including the first equity based actively-managed ETFs. As an industry leader in ETF and ETN listings and trading, such products listed on NYSE Arca represent 56% of ETF and ETN assets under management in the U.S., nearly $609 billion, the most of any exchange.

PowerShares- Active Alpha Q Fund (NYSE Arca: PQY)
PowerShares- Active Alpha Multi-Cap Fund (NYSE Arca: PQZ)
PowerShares- Active Mega-Cap Portfolio (NYSE Arca: PMA)
PowerShares- Active Low Duration Portfolio (NYSE Arca: PLK)

"Today’s listings include the first actively managed equity ETFs, granting investors direct access to a diverse range of products, these listings begin yet another chapter in the dynamic and growing ETF industry,” said Senior Vice President, Exchange Traded Funds and Indexes, Lisa Dallmer.  "We are pleased to have the first of these Invesco PowerShares products join the NYSE Arca roster and welcome this next generation of ETFs to NYSE Euronext.”

As the first fully electronic platform to utilize designated liquidity providers, NYSE Arca sets the national best bid and offer nearly 85% of the time, leading all U.S. exchanges.  NYSE Arca remains an established leader in the ETF and ETN market place offering investors some of the industry’s fastest and most innovative trading tools to access liquidity.    Including today’s listings, NYSE Arca has 251 primary ETF and 43 ETN listings and trades all other eligible ETFs on a UTP basis.  In 2007, NYSE Arca added 122 new ETFs and ETNs to its roster of primary listings, including a record 101 IPOs.  For 2007, NYSE Arca was the primary listing exchange of choice with a total of 261 ETFs and ETNs listed.