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PowerShares ETFs Extend Lead In Smart Beta Solutions

Suite of Fundamental Index ® ETFs tops $5 billion AUM globally

TORONTO, July 24, 2013 /CNW/ - PowerShares Canada, an affiliate of Invesco PowerShares Capital Management LLC (Invesco PowerShares), a leading global provider of exchange-traded funds (ETFs), announced the PowerShares suite of fundamental index ETFs recently surpassed US$5 billion in assets under management (AUM) globally.

PowerShares fundamental-weighted index ETFs trade in Canada, the U.S. and Europe.

"Since launching in 2009, PowerShares Canada has been focused on providing investors with a diverse family of 'smart beta' strategies," said Michael Cooke, Head of Distribution, PowerShares Canada. "Investors looking for higher risk-adjusted returns than those of a cap-weighted benchmark are readily adopting ETFs that employ smart beta strategies, such as fundamental, low-volatility and high-beta indexing."

PowerShares Canada's Fundamental Index ® ETFs and mutual funds are based on the Research Affiliates ® Fundamental Index ® strategy. This index methodology selects and weights constituents using four fundamental measures of company size: book value, cash flow, sales and dividends. By using four fundamental factors rather than one, this methodology is a more robust means of capturing a company's true economic footprint.

"PowerShares Canada's fundamentals-weighted funds and ETFs seek to provide investors with higher risk-adjusted returns compared to cap-weighted benchmarks," said Cooke. "We believe these funds and ETFs provide investors with an important alternative to passive cap-weighted strategies and also represents great value compared to many actively managed portfolios in the marketplace when relative performance and fees are considered."

PowerShares Canada currently offers four equity mutual funds, two equity ETFs and one fixed-income ETF based on the RAFI Fundamental Index ® methodology.

"We are proud to partner with PowerShares Canada on their suite of funds and ETFs," said Michael Larsen, Global Head of Affiliate Relations at Research Affiliates, LLC. "In an era of lower expected returns, it is important to provide investors better tools for their toolkit."

To learn more about PowerShares Canada, please visit .

About Invesco Canada Ltd. Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of Canada's leading investment management companies. A subsidiary of Invesco Ltd., Invesco Canada's singular focus is on investment management, offering a diversified suite of solutions to institutions, organizations, companies and individual investors across Canada and around the world. Additional information is available at .

About Invesco Ltd. 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 .

Commissions, management fees and expenses may all be associated with investments in mutual funds and exchange-traded funds (ETFs). Trailing commissions may be associated with investments in mutual funds. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in mutual funds and ETFs. Please read the prospectus for a complete description of risks relevant to the mutual fund or ETF. Copies are available from Invesco Canada Ltd. at .

Ordinary brokerage commissions apply to purchases and sales of ETF units.

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