Friday, January 16, 2009

PowerShares' S&P 500 BuyWrite ETF Crosses One Year Mark, Outperforming the More Volatile S&P 500 Index Benchmark Stated income.

Invesco PowerShares Capital Management LLC, a paramount provider of exchange-traded funds (ETFs), today announced the one year anniversary of its S&P 500 BuyWrite Portfolio (NYSE: PBP). Since its inception (as of 12/20/07), PBP has outperformed the S&P 500 Index by a cumulative 7.10%. In April 2008, PBP was recognized at the Capital Link Forum on Closed End Funds and ETFs with The Award for Most Innovative New ETF in 2007, due to its lone genius to contribute effectual access to a buy-write options blueprint on one of the most to a large occupied benchmarks in the people -- the S&P 500 Index.



"In December of 2007 we launched PBP, the opening ETF to fetch significant use of options strategies, and now -- one year later -- we are able to hallow the associated outperformance PBP has brought its investors," said Bruce Bond, president of Invesco PowerShares. "We allow a buy-write tactic can be old to convert volatility and heighten portfolio returns, and this done year's volatility has been a reward for PBP, as it has outperformed nearly every vital widely applicable U.S. founder index.






"(1) PBP Performance (as of 12/20/08) Since Sharpe 1 Year 3 Year 5 Year 10 Year Inception* Ratio† ------ ------ ------ ------- ---------- ------ PowerShares S&P 500 BuyWrite Portfolio (NAV) -30.67 N/A N/A N/A -30.67 -1.63 After-Tax Held -31.12 N/A N/A N/A -31.12 N/A After-Tax Sold -26.24 N/A N/A N/A -26.24 N/A Share Price -30.44 N/A N/A N/A -30.44 -1.50 CBOE S&P 500 BuyWrite Index -30.26 -5.8 -0.84 5.01 -30.26 -1.54 S&P 500 Index -37.77 -9.18 -2.12 -0.23 -37.77 -1.87 PBP Standardized Performance (as of 12/31/08) Since 1 Year 3 Year 5 Year 10 Year Inception* ------ ------ ------ ------- ---------- PowerShares S&P 500 BuyWrite Portfolio (NAV) -29.72% N/A N/A N/A -28.17% After Tax Held -30.18% N/A N/A N/A -28.62% After-Tax Sold -19.24% N/A N/A N/A -24.10% Share Price Return -29.08% N/A N/A N/A -27.50% CBOE S&P 500 BuyWrite Index -28.65% -4.84% -0.55% 2.20% -27.60% S&P 500 Index -37.00% -8.34% -2.19% -1.38% -35.69%.

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