PowerShares Introduces Five New International ETFs

The PowerShares family of exchange-traded funds launched yesterday five new ETFs. Two are global ETFs tracking water and clean energy indexes and three are international ETFs following indexes created by QSG using proprietary methodology, which evaluates, ranks and sorts more than 10,000 global securities using a proprietary multifactor model that is based on numerous measures of expected outperformance.

The new ETFs and a brief description of each are below.

The PowerShares Global Water Portfolio (PIO) is based on the Palisades Global Water Index. The index seeks to identify a group of companies worldwide that focus on the provision of potable water, the treatment of water and the technology and services that are directly related to global water consumption.

The PowerShares Global Clean Energy Portfolio (PBD) is based on the WilderHill New Energy Global Innovation Index. The index seeks to deliver capital appreciation and is composed of companies that focus on greener and generally renewable sources of energy and technologies facilitating cleaner energy.

The PowerShares Dynamic Asia Pacific Portfolio (PUA) is based on the QSG Asia Pacific Opportunities Index, which seeks to identify stocks of companies domiciled in Australia, Hong Kong, New Zealand and Singapore that possess the greatest potential for capital appreciation.

The PowerShares Dynamic Europe Portfolio (PEH) is based on the QSG Active Europe Index, which seeks to identify stocks of European companies that possess the greatest potential for capital appreciation.

The PowerShares Dynamic Developed International Opportunities Portfolio (PFA) is based on the QSG Developed International Opportunities Index, which seeks to identify global equities with strong potential for capital appreciation.