Showing posts with label Invesco. Show all posts
Showing posts with label Invesco. Show all posts
Friday, 10 October 2008
Invesco PowerShares
Invesco PowerShares is a part of Invesco Ltd., a leading independent global investment management company dedicated to helping people worldwide build their financial security. By delivering the combined power of its distinctive worldwide investment management capabilities, including AIM, Atlantic Trust, Invesco, Perpetual, PowerShares, Trimark, and WL Ross, Invesco provides a comprehensive array of enduring investment solutions for retail, institutional and high-net-worth clients around the world. Operating in 20 countries, the company is currently listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Labels:
AIM,
Invesco,
Invesco PowerShares,
investment management,
PowerShares
Invesco PowerShares NextQ Portfolio Change
Invesco PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), announced today that the PowerShares NextQ Portfolio (PNXQ) has changed its name to the PowerShares NQX Portfolio. The PowerShares NQX Portfolio will continue to be offered on the Nasdaq Stock Market under the existing ticker symbol (PNXQ). The investment objectives and fee structure will remain unchanged.
Known as "the PNXQ" to many market participants, "this name change highlights the ticker symbol identification and will allow for synergies in positioning the fund as a complement to the PowerShares QQQ (ticker: QQQQ), which is based on the Nasdaq-100 Index," said Bruce Bond, President and CEO of Invesco PowerShares Capital Management LLC.
The PowerShares NASDAQ NextQ Portfolio (PNXQ), launched in April 2008 on the Nasdaq Stock Market, is based on the NASDAQ Q-50 Index(SM). The Index is designed to track the performance of the 50 securities that are next in line to replace the securities currently included in the NASDAQ-100 Index®. The index reflects companies across major, non-financial industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology, and is adjusted quarterly.
Known as "the PNXQ" to many market participants, "this name change highlights the ticker symbol identification and will allow for synergies in positioning the fund as a complement to the PowerShares QQQ (ticker: QQQQ), which is based on the Nasdaq-100 Index," said Bruce Bond, President and CEO of Invesco PowerShares Capital Management LLC.
The PowerShares NASDAQ NextQ Portfolio (PNXQ), launched in April 2008 on the Nasdaq Stock Market, is based on the NASDAQ Q-50 Index(SM). The Index is designed to track the performance of the 50 securities that are next in line to replace the securities currently included in the NASDAQ-100 Index®. The index reflects companies across major, non-financial industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology, and is adjusted quarterly.
Subscribe to:
Comments (Atom)