{"id":16026,"date":"2018-04-09T23:00:00","date_gmt":"2018-04-09T22:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/index.php\/2018\/04\/09\/invesco-expands-its-ability-to-meet-client-needs-by-completing-its-acquisition-of-guggenheim-investments-etf-business\/"},"modified":"2018-04-09T23:00:00","modified_gmt":"2018-04-09T22:00:00","slug":"invesco-expands-its-ability-to-meet-client-needs-by-completing-its-acquisition-of-guggenheim-investments-etf-business","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/invesco-expands-its-ability-to-meet-client-needs-by-completing-its-acquisition-of-guggenheim-investments-etf-business\/","title":{"rendered":"Invesco expands its ability to meet client needs by completing its acquisition of Guggenheim Investments\u2019 ETF business"},"content":{"rendered":"<p style=\"text-align: justify;\">Invesco Ltd. has completed its previously announced acquisition of Guggenheim Investments\u2019 ETF business, which consists of $38.8 billion of assets under management (as of Feb. 28, 2018)&#8230;&#8230;<\/p>\n<p>  <!--more-->  <\/p>\n<p><strong>Dan Draper, Global Head of ETFs for Invesco<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><strong>Strengthening our ETF capabilities for growth&nbsp;&nbsp;&nbsp; <\/strong><\/p>\n<p style=\"text-align: justify;\">The acquisition strengthens Invesco\u2019s market-leading ETF capabilities (1) as well as the firm\u2019s efforts to meet the needs of institutional and retail clients in the US and across the globe, which will contribute further to the growth and long-term success of the business.&nbsp; With this acquisition, Invesco\u2019s ETF assets under management total more than $215.3 billion globally (as of Feb. 28, 2018).<\/p>\n<p style=\"text-align: justify;\">&nbsp;\u201cSince our announcement of the proposed transaction in September 2017, we\u2019ve continued to deliver strong investment performance for our clients and strengthened our business momentum while working toward a successful close of this transaction,\u201d <strong>said Martin L. Flanagan, president and CEO of Invesco.<\/strong>&nbsp; \u201cThe addition of Guggenheim\u2019s products to Invesco\u2019s strong and diversified range of active, passive and alternative capabilities and expertise will further enhance our ability to meet the investment needs of our clients and deliver the value they seek.\u201d<\/p>\n<p style=\"text-align: justify;\">&nbsp;\u201cWe\u2019re excited to add Guggenheim Investments\u2019 complementary ETF business, including well-known products such as BulletShares\u00ae and S&amp;P500\u00ae Equal Weight ETF (NYSE: RSP), to our existing robust range of factor, smart beta, fixed income and equal weight ETFs<strong>,\u201d said Dan Draper, global head of ETFs at Invesco.<\/strong>&nbsp; \u201cThis acquisition strengthens our ability to build better and more diversified portfolios through our solutions platform, enhances the range of capabilities available via Jemstep (our advisor-focused digital solution), and helps us better meet the needs of our clients.&nbsp; Our focus continues to be on taking care of clients while leveraging our extensive client-facing distribution force to accelerate the growth of the business.\u201d<\/p>\n<p style=\"text-align: justify;\">The aggregate purchase price paid by Invesco upon completion of the transaction was $1.2 billion.<\/p>\n<p style=\"text-align: justify;\"><strong>BulletShares\u00ae management fee reduction&nbsp; <\/strong><\/p>\n<p style=\"text-align: justify;\">Invesco also announced that the management fee for the BulletShares\u00ae ETFs that provide definedmaturity exposure through corporate bond investment-grade portfolios has been reduced to 0.10% (from 0.24%), effective today.<\/p>\n<p style=\"text-align: justify;\">\u201cThe BulletShares\u00ae ETF suite combines the benefits and precision of individual bonds with the advantages of an ETF to save advisors time while providing better client portfolios and outcomes,\u201d added Dan Draper.&nbsp; \u201cOur research and client feedback shows that the market for a convenient, precise and liquid way to ladder bond portfolios for clients is growing rapidly.&nbsp; With more than a decade of ETF experience and compelling BulletShares\u00ae pricing, we believe Invesco is providing even better value to existing and future shareholders, and we\u2019re well-positioned to accelerate the growth of this exciting market segment.\u201d<\/p>\n<p style=\"text-align: justify;\"><strong>Transitioning the funds<\/strong><\/p>\n<p style=\"text-align: justify;\">\u201cWe\u2019re confident that Invesco is the right partner and platform to deliver continued value for our former ETF shareholders,\u201d<strong> said Jerry W. Miller, president of Guggenheim Investments.&nbsp;<\/strong> \u201cWith the closing of this transaction, Guggenheim Investments takes an important step forward in our growth strategy to focus on active portfolio management for both institutional and individual clients.\u201d<\/p>\n<p style=\"text-align: justify;\">Effective as of the close of business on April 6, 2018, substantially all of the Guggenheim ETFs have been reorganized into corresponding newly created exchange traded funds of Invesco\u2019s PowerShares family of ETFs in a tax-free transaction.<\/p>\n<p style=\"text-align: justify;\">A small number of Guggenheim ETFs are still awaiting shareholder approval to reorganize into PowerShares ETFs, and will be reorganized when that approval is received. The chart below lists the Guggenheim ETFs which have reorganized into Invesco\u2019s PowerShares ETFs.<\/p>\n<p><strong>The following ETFs were reorganized:<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"5\">\n<p><strong>PowerShares Exchange-Traded Fund Trust<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Ticker<\/p>\n<\/td>\n<td>\n<p><strong>Target Fund<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>CUSIP<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Acquiring Fund<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>CUSIP<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>DJD<\/p>\n<\/td>\n<td>\n<p>Guggenheim Dow Jones<\/p>\n<p>Industrial Average Dividend<\/p>\n<p>ETF<\/p>\n<\/td>\n<td>\n<p>18383M175<\/p>\n<\/td>\n<td>\n<p>PowerShares Dow Jones<\/p>\n<p>Industrial Average Dividend<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>739371409<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>NFO<\/p>\n<\/td>\n<td>\n<p>Guggenheim Insider<\/p>\n<p>Sentiment ETF<\/p>\n<\/td>\n<td>\n<p>18383M209<\/p>\n<\/td>\n<td>\n<p>PowerShares Insider Sentiment<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>739371508<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>CZA<\/p>\n<\/td>\n<td>\n<p>Guggenheim Mid-Cap<\/p>\n<p>Core ETF<\/p>\n<\/td>\n<td>\n<p>18383M720<\/p>\n<\/td>\n<td>\n<p>PowerShares Zacks Mid-Cap<\/p>\n<p>Core Portfolio<\/p>\n<\/td>\n<td>\n<p>739371607<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>CVY<\/p>\n<\/td>\n<td>\n<p>Guggenheim Multi-Asset<\/p>\n<p>Income ETF<\/p>\n<\/td>\n<td>\n<p>18383M506<\/p>\n<\/td>\n<td>\n<p>PowerShares Zacks Multi-Asset<\/p>\n<p>Income Portfolio<\/p>\n<\/td>\n<td>\n<p>739371706<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>CSD<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P Spin-Off<\/p>\n<p>ETF<\/p>\n<\/td>\n<td>\n<p>18383M605<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P Spin-Off<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>739371888<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>WMCR<\/p>\n<\/td>\n<td>\n<p>Wilshire Micro-Cap ETF<\/p>\n<\/td>\n<td>\n<p>18383M308<\/p>\n<\/td>\n<td>\n<p>PowerShares Wilshire Micro-Cap<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>739371870<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>OEW<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 100\u00ae<\/p>\n<p>Equal Weight ETF<\/p>\n<\/td>\n<td>\n<p>78355W478<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 100\u00ae Equal<\/p>\n<p>Weight Portfolio<\/p>\n<\/td>\n<td>\n<p>739371854<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RCD<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Consumer<\/p>\n<p>Discretionary ETF<\/p>\n<\/td>\n<td>\n<p>78355W882<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Consumer Discretionary<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>739371847<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RHS<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Consumer<\/p>\n<p>Staples ETF<\/p>\n<\/td>\n<td>\n<p>78355W874<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Consumer Staples<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>739371839<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RYE<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Energy ETF<\/p>\n<\/td>\n<td>\n<p>78355W866<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Energy Portfolio<\/p>\n<\/td>\n<td>\n<p>739371821<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RSP<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight ETF<\/p>\n<\/td>\n<td>\n<p>78355W106<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Portfolio<\/p>\n<\/td>\n<td>\n<p>739371813<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RYF<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Financials ETF<\/p>\n<\/td>\n<td>\n<p>78355W858<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Financials Portfolio<\/p>\n<\/td>\n<td>\n<p>739371797<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RYH<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Health Care<\/p>\n<p>ETF<\/p>\n<\/td>\n<td>\n<p>78355W841<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Health Care Portfolio<\/p>\n<\/td>\n<td>\n<p>739371789<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RGI<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Industrials ETF<\/p>\n<\/td>\n<td>\n<p>78355W833<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Industrials Portfolio<\/p>\n<\/td>\n<td>\n<p>739371771<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RTM<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Materials ETF<\/p>\n<\/td>\n<td>\n<p>78355W825<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Materials Portfolio<\/p>\n<\/td>\n<td>\n<p>739371763<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>EWRE<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Real Estate<\/p>\n<p>ETF<\/p>\n<\/td>\n<td>\n<p>78355W486<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Real Estate Portfolio<\/p>\n<\/td>\n<td>\n<p>739371755<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RYT<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Technology<\/p>\n<p>ETF<\/p>\n<\/td>\n<td>\n<p>78355W817<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Technology Portfolio<\/p>\n<\/td>\n<td>\n<p>739371748<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RYU<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae<\/p>\n<p>Equal Weight Utilities ETF<\/p>\n<\/td>\n<td>\n<p>78355W791<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Equal<\/p>\n<p>Weight Utilities Portfolio<\/p>\n<\/td>\n<td>\n<p>739371730<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RPG<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae Pure<\/p>\n<p>Growth ETF<\/p>\n<\/td>\n<td>\n<p>78355W403<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Pure<\/p>\n<p>Growth Portfolio<\/p>\n<\/td>\n<td>\n<p>739371722<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RPV<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae Pure<\/p>\n<p>Value ETF<\/p>\n<\/td>\n<td>\n<p>78355W304<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Pure<\/p>\n<p>Value Portfolio<\/p>\n<\/td>\n<td>\n<p>739371714<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>XLG<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P 500\u00ae Top<\/p>\n<p>50 ETF<\/p>\n<\/td>\n<td>\n<p>78355W205<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P 500\u00ae Top<\/p>\n<p>50 Portfolio<\/p>\n<\/td>\n<td>\n<p>739371698<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>EWMC<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P MidCap<\/p>\n<p>400\u00ae Equal Weight ETF<\/p>\n<\/td>\n<td>\n<p>78355W577<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P MidCap<\/p>\n<p>400\u00ae Equal Weight Portfolio<\/p>\n<\/td>\n<td>\n<p>739371680<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RFG<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P MidCap<\/p>\n<p>400\u00ae Pure Growth ETF<\/p>\n<\/td>\n<td>\n<p>78355W601<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P MidCap<\/p>\n<p>400\u00ae Pure Growth Portfolio<\/p>\n<\/td>\n<td>\n<p>739371672<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RFV<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P MidCap<\/p>\n<p>400\u00ae Pure Value ETF<\/p>\n<\/td>\n<td>\n<p>78355W502<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P MidCap<\/p>\n<p>400\u00ae Pure Value Portfolio<\/p>\n<\/td>\n<td>\n<p>739371664<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>EWSC<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P SmallCap<\/p>\n<p>600\u00ae Equal Weight ETF<\/p>\n<\/td>\n<td>\n<p>78355W585<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P SmallCap<\/p>\n<p>600\u00ae Equal Weight Portfolio<\/p>\n<\/td>\n<td>\n<p>739371656<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RZG<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P SmallCap<\/p>\n<p>600\u00ae Pure Growth ETF<\/p>\n<\/td>\n<td>\n<p>78355W809<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P SmallCap 6<\/p>\n<p>00\u00ae Pure Growth Portfolio<\/p>\n<\/td>\n<td>\n<p>739371649<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>RZV<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P SmallCap <br \/> 600\u00ae Pure Value ETF<\/p>\n<\/td>\n<td>\n<p>78355W700<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P SmallCap <br \/> 600\u00ae Pure Value Portfolio<\/p>\n<\/td>\n<td>\n<p>739371631<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"width: 561px; height: 808px;\">\n<tbody>\n<tr>\n<td colspan=\"5\">\n<p><strong>PowerShares Exchange-Traded Fund Trust II<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Ticker<\/p>\n<\/td>\n<td>\n<p><strong>Target Fund<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>CUSIP<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Acquiring Fund<\/strong><\/p>\n<\/td>\n<td>\n<p>CUSIP<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>LVL<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P Global<\/p>\n<p>Dividend Opportunities Index<\/p>\n<p>ETF<\/p>\n<\/td>\n<td>\n<p>18383M860<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P Global<\/p>\n<p>&nbsp;Dividend Opportunities Index<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>73936Q660<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>TAO<\/p>\n<\/td>\n<td>\n<p>Guggenheim China Real<\/p>\n<p>Estate ETF<\/p>\n<\/td>\n<td>\n<p>18383Q861<\/p>\n<\/td>\n<td>\n<p>PowerShares China Real<\/p>\n<p>Estate Portfolio<\/p>\n<\/td>\n<td>\n<p>73936Q637<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>FRN<\/p>\n<\/td>\n<td>\n<p>Guggenheim Frontier Markets<\/p>\n<p>ETF<\/p>\n<\/td>\n<td>\n<p>18383Q838<\/p>\n<\/td>\n<td>\n<p>PowerShares Frontier Markets<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>73936Q611<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>HGI<\/p>\n<\/td>\n<td>\n<p>Guggenheim International<\/p>\n<p>Multi-Asset Income ETF<\/p>\n<\/td>\n<td>\n<p>18383Q804<\/p>\n<\/td>\n<td>\n<p>PowerShares Zacks<\/p>\n<p>International Multi-Asset<\/p>\n<p>Income Portfolio<\/p>\n<\/td>\n<td>\n<p>73936Q595<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>CUT<\/p>\n<\/td>\n<td>\n<p>Guggenheim MSCI Global<\/p>\n<p>Timber ETF<\/p>\n<\/td>\n<td>\n<p>18383Q879<\/p>\n<\/td>\n<td>\n<p>PowerShares MSCI Global<\/p>\n<p>Timber Portfolio<\/p>\n<\/td>\n<td>\n<p>73936Q587<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>SEA<\/p>\n<\/td>\n<td>\n<p>Guggenheim Shipping ETF<\/p>\n<\/td>\n<td>\n<p>18383Q796<\/p>\n<\/td>\n<td>\n<p>PowerShares Shipping<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>73936Q579<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>YAO<\/p>\n<\/td>\n<td>\n<p>Guggenheim China All-Cap<\/p>\n<p>ETF<\/p>\n<\/td>\n<td>\n<p>18385P101<\/p>\n<\/td>\n<td>\n<p>PowerShares China All-Cap<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>73936Q561<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>CGW<\/p>\n<\/td>\n<td>\n<p>Guggenheim S&amp;P Global<\/p>\n<p>Water Index ETF<\/p>\n<\/td>\n<td>\n<p>18383Q507<\/p>\n<\/td>\n<td>\n<p>PowerShares S&amp;P Global Water Index<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>73936Q546<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>EWEM<\/p>\n<\/td>\n<td>\n<p>Guggenheim MSCI Emerging Markets Equal Country<\/p>\n<p>Weight ETF<\/p>\n<\/td>\n<td>\n<p>78355W536<\/p>\n<\/td>\n<td>\n<p>PowerShares MSCI Emerging<\/p>\n<p>Markets Equal Country Weight Portfolio<\/p>\n<\/td>\n<td>\n<p>73936Q512<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"width: 538px; height: 229px;\">\n<tbody>\n<tr>\n<td colspan=\"5\">\n<p><strong>PowerShares Actively Managed<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Ticker<\/p>\n<\/td>\n<td>\n<p><strong>Target Fund<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>CUSIP<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Acquiring Fund<\/strong><\/p>\n<\/td>\n<td>\n<p>CUSIP<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>GSY<\/p>\n<\/td>\n<td>\n<p>Guggenheim Ultra Short<\/p>\n<p>Duration ETF<\/p>\n<\/td>\n<td>\n<p>18383M654<\/p>\n<\/td>\n<td>\n<p>PowerShares Ultra Short<\/p>\n<p>Duration Portfolio<\/p>\n<\/td>\n<td>\n<p>73935B797<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>GTO<\/p>\n<\/td>\n<td>\n<p>Guggenheim Total Return<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18385P705<\/p>\n<\/td>\n<td>\n<p>PowerShares Total Return Bond<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>73935B789<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"width: 542px; height: 1860px;\">\n<tbody>\n<tr>\n<td colspan=\"5\">\n<p><strong>PowerShares Exchange-Traded Self-Indexed Fund Trust<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Ticker<\/p>\n<\/td>\n<td>\n<p><strong>Target Fund<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>CUSIP<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Acquiring Fund<\/strong><\/p>\n<\/td>\n<td>\n<p>CUSIP<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCI<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2018 Corporate Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M530<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2018 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W102<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSJI<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2018 High Yield Corporate<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M381<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2018 High Yield Corporate<\/p>\n<p>Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W201<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCJ<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2019 Corporate<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M522<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2019 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W300<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSJJ<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2019 High Yield Corporate<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M373<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2019 High Yield Corporate<\/p>\n<p>Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W409<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCK<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2020 Corporate<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M514<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2020 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W508<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSJK<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2020 High Yield Corporate<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M365<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2020 High Yield Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W607<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCL<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2021 Corporate Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M266<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2021 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W706<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSJL<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2021 High Yield Corporate<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M225<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2021 High Yield Corporate<\/p>\n<p>Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W805<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCM<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2022 Corporate Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M258<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2022 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W888<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSJM<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2022 High Yield Corporate<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M217<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2022 High Yield Corporate<\/p>\n<p>Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W870<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCN<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2023 Corporate Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M241<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2023 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W862<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSJN<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2023 High Yield Corporate<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M183<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares 2<\/p>\n<p>023 High Yield Corporate<\/p>\n<p>Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W854<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCO<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2024 Corporate Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M233<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2024 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W847<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSJO<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2024 High Yield Corporate<\/p>\n<p>Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M134<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2024 High Yield Corporate<\/p>\n<p>Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W839<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCP<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2025 Corporate Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M191<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2025 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W821<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCQ<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2026 Corporate Bond ETF<\/p>\n<\/td>\n<td>\n<p>18383M126<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2026 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W797<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>BSCR<\/p>\n<\/td>\n<td>\n<p>Guggenheim BulletShares<\/p>\n<p>2027 Corporate Bond ETF<\/p>\n<\/td>\n<td>\n<p>18386R205<\/p>\n<\/td>\n<td>\n<p>PowerShares BulletShares<\/p>\n<p>2027 Corporate Bond Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W789<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>DEF<\/p>\n<\/td>\n<td>\n<p>Guggenheim Defensive<\/p>\n<p>Equity ETF<\/p>\n<\/td>\n<td>\n<p>18383M878<\/p>\n<\/td>\n<td>\n<p>PowerShares Defensive Equity<\/p>\n<p>Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W771<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>OVLC<\/p>\n<\/td>\n<td>\n<p>Guggenheim U.S. Large Cap Optimized Volatility ETF<\/p>\n<\/td>\n<td>\n<p>18385P804<\/p>\n<\/td>\n<td>\n<p>PowerShares U.S. Large Cap<\/p>\n<p>Optimized Volatility Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W763<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>GMFL<\/p>\n<\/td>\n<td>\n<p>Guggenheim Multi-Factor<\/p>\n<p>Large Cap ETF<\/p>\n<\/td>\n<td>\n<p>78355W460<\/p>\n<\/td>\n<td>\n<p>PowerShares Multi-Factor<\/p>\n<p>Large Cap Portfolio<\/p>\n<\/td>\n<td>\n<p>73939W755<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><strong>CurrencyShares transition&nbsp; <\/strong><\/p>\n<p style=\"text-align: justify;\">The CurrencyShares ETF product line, also part of the Guggenheim transaction, were transitioned to Invesco effective at the close of business on April 6, 2018. These products offer investors and institutions a convenient and cost-effective method of gaining potential investment benefits similar to holding foreign currencies.<\/p>\n<hr \/>\n<p style=\"text-align: justify;\">1 With $176.5 billion in assets under management globally, PowerShares ranked as the fourth-largest ETF provider globally, as of Feb. 28, 2018.&nbsp; Source:&nbsp; PowerShares research.&nbsp; With $55 billion in smart beta assets under management, PowerShares\u2019 smart beta lineup ranked second in the US, as of Jan. 31, 2018.&nbsp; Source: PowerShares research and Bloomberg.<\/p>\n<p>Source: ETFWorld<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Invesco Ltd. has completed its previously announced acquisition of Guggenheim Investments\u2019 ETF business, which consists of $38.8 billion of assets under management (as of Feb. 28, 2018)&#8230;&#8230;<\/p>\n","protected":false},"author":3,"featured_media":18191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[4],"tags":[120],"class_list":["post-16026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-europe","tag-invesco-powershares"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/16026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=16026"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/16026\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/18191"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=16026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=16026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=16026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}