Invesco Announces Reverse Share Split for the PowerShares WilderHill Clean Energy Portfolio (NYSE Arca: PBW)

DOWNERS GROVE, Ill., Oct. 9, 2017 /PRNewswire/ -- Invesco (NYSE: IVZ), a leading provider of exchange traded funds (ETFs), announced today a reverse share split for the PowerShares WilderHill Clean Energy Portfolio (PBW).

Effective at the close of markets on Friday, October 20, 2017, the Fund will affect a 1-for-5 reverse split of its issued and outstanding shares.  Monday, October 23, 2017 is the first day of trading for the Fund on a split-adjusted basis.  The split does not change the total value of a shareholder's investment.  While the ticker symbol of the Fund will not change, it will receive a new CUSIP number.  The Fund's new CUSIP is 73935X112. 

Investors will receive one post-split share for every five pre-split shares owned.  As a result, post-split shares would be priced five times higher than the pre-split shares.

The table below illustrates a hypothetical 1-for-5 reverse split (actual net asset value, shares and market price may vary):

**For Illustrative Purposes Only

This reverse split does not impact fund performance, however, investors should be aware of the adjustment in shares outstanding and per share NAV when comparing historical values or their monthly brokerage statements.

For shareholders who own a number of shares that is not an exact multiple of the reverse split ratio (in the case of this reverse split, a multiple of five), the reverse split will result in the creation of fractional shares.  As fractional shares cannot trade on an exchange, these shares will be redeemed for cash.  With respect to the redemption of these fractional shares, this may cause a realization of gains or losses, which could be a taxable event for shareholders. 

About Invesco
Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.

About PowerShares by Invesco
PowerShares by Invesco is leading the Intelligent ETF Revolution^® through its family of more than 140 domestic and international PowerShares exchange-traded funds (ETFs). PowerShares ETFs seek to outperform traditional benchmark indexes while providing advisors and investors access to an innovative array of focused investment opportunities. PowerShares has US franchise assets exceeding $158 billion as of June 30, 2017. For more information, please visit us at powershares.com or follow us on Twitter @PowerShares.

Important Risk Information

Shares are not FDIC insured, may lose value and have no bank guarantee.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular industry, such as clean energy and semiconductors, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Fund and tender those Shares for redemption to the Fund in Creation Unit aggregations only, typically consisting of 10,000, 50,000, 75,000, 100,000 or 200,000 Shares.

Before investing, investors should carefully read the prospectus/summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the Fund call 800 983 0903 or visit powershares.com for the prospectus/summary prospectus.

SOURCE Invesco

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