PowerShares Capital Management LLC Introduces Two New Exchange Traded Funds

PowerShares Capital Management LLC Introduces Two New Exchange Traded Funds


PowerShares High Yield Equity Dividend Achievers(TM) Portfolio (AMEX:PEY - News) is designed for investors who seek a relative low-cost, tax-efficient investment in high yielding companies committed to consistently increasing their dividend. The PowerShares High Yield Equity Dividend Achievers(TM) Portfolio is based on the Mergent Dividend Achievers(TM) 50 Index which is comprised of the fifty highest dividend yielding companies with at least ten years of consecutive dividend increases. The index has a current dividend yield of 4.1% and average annual returns of 21.12%, 11.63% and 17.93% over the last 1 year, 3 year and 5 year periods compared with the S&P 500 returns of 13.87%, 4.04% and -1.31(1).

PowerShares Golden Dragon Halter USX China Portfolio (AMEX:PGJ - News) is designed for investors who seek relative low-cost, tax-efficient investment in mainland China with the added comfort of owning companies listed on U.S. stock exchanges. The PowerShares Golden Dragon Halter USX Portfolio is based on the Halter USX China Index(sm) which is designed to provide insight and access to the unique economic opportunities taking place in China while using domestic listed securities. The Halter USX China Index(sm) is comprised of U.S. listed companies which derive all or a majority of their revenue from the Peoples Republic of China.