New issue by PowerShares

Borsa Italiana welcomes 2 new ETF listed on the Open-end Index Funds - class 2 segment of ETFplus market issued by PowerShares Global Fund Ireland Public Ltd Company who expands its offer to 13 listed ETF.

The new issue comprises the following ETFs:

"PowerShares Dynamic Europe Fund "
"PowerShares Dynamic Italy Fund"

QSG Europe: The Index is comprised of 250 stocks selected principally on the basis of their capital appreciation potential as identified by QSG pursuant to a proprietary quantitative methodology. The QSG Methodology is designed to objectively identify those stocks within a particular market segment that have the greatest potential for capital appreciation. The QSG Methodology evaluates companies quarterly, using a proprietary multi-factor model based on the following measures of expected out-performance: valuation, growth potential, operating efficiency, earnings quality, wall street sentiment, and price momentum, and then ranks and sorts them based on their Composite Scores. The QSG Europe Index consisted of stocks of companies domiciled in Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,  the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and United Kingdom or primarily listed on an exchange in such countries.

QSG Italy:The Index is comprised of 250 stocks selected principally on the basis of their capital appreciation potential as identified by QSG pursuant to a proprietary quantitative methodology. The QSG Europe Index consisted of stocks of companies domiciled or listed in Italy.

The total expense ratio of all the ETFs is equal to 0,75%.

Please download the relevant public notice: VISUALIZZA PDF