Dec. 18, 2012
/CNW/ - PowerShares Canada announced today that the S&P 500
Low Volatility Index has received the prestigious
William F. Sharpe
Indexing Product of the Year award at the Global Indexing & ETFs conference held in
Created by S&P Dow Jones Indices, the S&P 500
Low Volatility Index was recognized as having the most significant impact on the indexing industry over the previous 12 months. The index tracks the 100 stocks from the S&P 500
Index with the lowest realized volatility over the past 252 trading days, and is rebalanced on a quarterly basis.
TSX-listed PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF (ULV) is designed to track the S&P 500
Low Volatility Index (CAD Hedged), which provides investors with exposure to a currency hedged version of the same strategy.
"Recognizing the best and the brightest innovators in the field of indexing, this year's Sharpe Award is further validation that low-volatility indexing is a viable, long-term strategy that offers investors a layer of protection against declining market environments while still maintaining broad equity exposure," said
, Head of Distribution for PowerShares Canada, part of Invesco Canada Ltd.
"While investors have generally equated low volatility with low returns, many are realizing that low-volatility strategies can have a better risk-return profile relative to those that provide exposure to traditional market-cap-weighted indices," Cooke added.
Leading the Intelligent ETF Revolution
, PowerShares Canada was early to recognize the advantages of low-volatility investing. Based on the highly regarded S&P Dow Jones Indices, the PowerShares Canada family of low-volatility ETFs provides investors with investment opportunities across key market segments:
About the Sharpe Awards
- PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF (TSX:ULV)
- PowerShares S&P/TSX Composite Low Volatility Index ETF (TSX:TLV).
The William F. Sharpe Index Achievement Awards are chosen following a rigorous selection process starting with a vetting committee of industry practitioners. The vetting committee reviews hundreds of nominations from industry participants across the globe and narrows the field down to three finalists in each category. The finalists are voted on by world's leading academics in the indexing research world, who sit on the editorial board of the
Journal of Index Investing
About Invesco Canada Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of
largest independent investment management companies. A subsidiary of Invesco Ltd., Invesco Canada offers a diversified suite of investment solutions to institutions, organizations, companies and individual investors across
and around the world. Invesco Ltd. is a leading independent global investment management firm dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high-net-worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at
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