INVESCO
| Sociedade : | Invesco | Compartimento : | Outro |
| ISIN : | GB0001282697 | Difusor : | PR Newswire |
| Tipo de documento : | Operaçoes / Prospectuses | ||
| Data de publicação : | 12/13/2011 2:30:00 AM |
Updates to prospectus and supplements
Announcement
PowerShares Global Funds Ireland plc
13 December 2011
PowerShares Global Funds Ireland plc (the "Company")
PowerShares EQQQ FUND (ISIN IE0032077012)
PowerShares FTSE RAFI US 1000 Fund (ISIN IE00B23D8S39)
PowerShares FTSE RAFI Developed 1000 Fund (ISIN IE00B23D8W74)
PowerShares FTSE RAFI Europe Fund (ISIN IE00B23D8X81)
PowerShares FTSE RAFI Developed Europe Mid-Small Fund (ISIN IE00B23D8Y98)
PowerShares Global Listed Private Equity Fund (ISIN IE00B23D8Z06)
PowerShares Palisades Global Water Fund (ISIN IE00B23D9026)
PowerShares Global Clean Energy Fund (ISIN IE00B23D9133)
PowerShares Dynamic US Market Fund (ISIN IE00B23D9240)
PowerShares FTSE RAFI Asia Pacific Ex-Japan Fund (ISIN IE00B23D9463)
PowerShares FTSE RAFI Emerging Markets Fund (ISIN IE00B23D9570)
PowerShares FTSE RAFI All-World 3000 Fund (ISIN IE00B23LNQ02)
PowerShares FTSE RAFI UK 100 Fund (ISIN IE00B23LNN70)
PowerShares FTSE RAFI Switzerland Fund (ISIN IE00B23LNR19)
PowerShares FTSE RAFI Italy 30 Fund (ISIN IE00B23LNP94)
PowerShares Global Agriculture NASDAQ OMX Fund (ISIN IE00B3BQ0418)
PowerShares FTSE RAFI Hong Kong China Fund (ISIN IE00B3BPCG45)
PowerShares Middle East North Africa NASDAQ OMX Fund (ISIN IE00B3BPCJ75)
PowerShares EuroMTS Cash 3 Months Fund (ISIN IE00B3BPCH51)
(each a "fund" together the "Funds")
Re: Updates to Prospectus
The Directors of PowerShares Global Funds Ireland plc wish to announce the
following changes affecting the Company and the Funds which are due to take
effect on or about 9 December 2011 (the "Effective Date") and which will be
reflected in an updated Prospectus and Supplements for the Funds to be issued
on or about the Effective Date. The below changes are subject to approval from
the Central Bank.
1. General Updates to the Prospectus
The Prospectus is being updated to reflect the transposition of Directive 2009/
65/EC of the European Parliament and of the European Council of 13 July 2009
(the "UCITS IV Directive") into Irish law pursuant to the European Communities
(Undertaking for Collective Investment in Transferable Securities) Regulations,
2011 (S.I. 352 of 2011) as follows:
* The definitions of "Directive" and "Regulations", as contained in the
Prospectus, are being amended to reflect the transposition of the UCITS IV
Directive into Irish law;
* References to the Company's Key Investor Information Document, as
introduced under the UCITS IV Directive, are being included in the
Prospectus to reflect the replacement, in due course, of the Company's
simplified prospectus document;
* Schedule II of the Prospectus, with regard to efficient portfolio
management, is being updated to reflect the new requirements, as to
collateral, under the UCITS IV Directive; and
* The list of countries, governments, economic groupings and entities as
listed in Schedule II of the Prospectus, in respect of which the Company
(subject to authorisation by the Central Bank and to the conditions and
limitations as set out in the European Communities (Undertakings for
Collective Investment in Transferable Securities) Regulations 2011)) may
invest up to 100% of its assets in transferable securities and money market
instruments issued or guaranteed by such countries, governments, economic
groupings or entities, has been amended to include the Government of Brazil
(provided the issues are of investment grade) and the Government of India
(provided the issues are of investment grade).
The Prospectus is also being updated to reflect the following amendments:
* References to the registered office of the Company in the Prospectus are
being updated to reflect the new registered office of the Company, 1st
Floor, George's Quay House, 43 Townsend Street, Dublin 2, with effect from
14 November 2011;
* References to the Directors of the Company in the Prospectus are being
amended to reflect the appointment of Mr Brian Collins, Mr Cormac O'
Sullivan and Ms Leslie Schmidt to the Board of Directors of the Company,
with effect from 18 November 2011; and
* The Prospectus is being amended (page 2) to remove the reference to the (a)
audited annual report, (b) the audited financial statements, (c) the
unaudited semi-annual report and (d) the unaudited financial statements of
the Company, forming part of the Prospectus.
Finally, additional updates of a technical and updating nature are being made
to the Prospectus, including updates to the Taxation Sections of the Prospectus
to reflect recent legislative developments in Ireland and the United Kingdom.
2. Amendments to the Supplement for the PowerShares FTSE RAFI Italy 30 Fund -
Definition of "Dealing Day"
With effect from the Effective Date, the definition of "Dealing Day" in the
Supplement of the PowerShares FTSE RAFI Italy 30 Fund, is being amended to read
as follows:
"a day on which the Italian Stock Exchange is open for business; unless
otherwise determined by the Directors and notified in advance to Shareholders.
A list of Dealing Days for the Fund will be made available on
www.powershares.net."
Shareholders should note that, as detailed above in the definition of "Dealing
Day", a list of Dealing Days for each Fund will be made available on
www.powershares.net.
3. Amendments to the Supplement for the PowerShares FTSE RAFI Switzerland Fund
- "Definition of "Dealing Day"
With effect from the Effective Date, the definition of "Dealing Day" in the
Supplement of the PowerShares FTSE RAFI Switzerland Fund, is being amended to
read as follows:
"a day on which the Swiss Stock Exchange is open for business; unless otherwise
determined by the Directors and notified in advance to Shareholders. A list of
Dealing Days for the Fund will be made available on www.powershares.net."
Shareholders should note that, as detailed above in the definition of "Dealing
Day", a list of Dealing Days for each Fund will be made available on
www.powershares.net.
4. Amendments to Supplement of the PowerShares FTSE RAFI UK 100 Fund -
Definition of "Dealing Day"
With effect from the Effective Date, the definition of "Dealing Day" in the
Supplement of the PowerShares FTSE RAFI UK 100 Fund, is being amended to read
as follows:
"a day on which the London Stock Exchange is open for business; unless
otherwise determined by the Directors and notified in advance to Shareholders.
A list of Dealing Days for the Fund will be made availableon
www.powershares.net."
Shareholders should note that, as detailed above in the definition of "Dealing
Day", a list of Dealing Days for each Fund will be made available on
www.powershares.net.
5. Amendments to all Fund Supplements (with the exception of the Supplement of
the PowerShares FTSE RAFI Italy 30 Fund, the PowerShares FTSE RAFI
Switzerland Fund and the PowerShares FTSE RAFI UK 100 Fund as detailed
above) - Definition of "Dealing Day"
With effect from the Effective Date, the definition of "Dealing Day" in the
Supplements for all Funds, excluding the PowerShares FTSE RAFI Italy 30 Fund,
the PowerShares FTSE RAFI Switzerland Fund and the PowerShares FTSE RAFI UK 100
Fund, is being amended to read as follows:
"a day on which a stock exchange on which the Fund is traded or listed is open
for business and a day on which any of the markets on which the Fund's
investments are listed or traded are open for business; unless otherwise
determined by the Directors and notified in advance to Shareholders. A list
ofDealing Days for the Fund will be available on www.powershares.net."
Shareholders should note that, as detailed above in the definition of "Dealing
Day", a list of Dealing Days for each Fund will be made available on
www.powershares.net.
6. Amendments to the Supplement for the PowerShares EuroMTS Cash 3 Months Fund
In addition to the general amendments proposed above, with effect from the
Effective Date, the description of the EuroMTS Government Bill Index in the
Supplement for the PowerShares EuroMTS Cash 3 Months Fund will be amended to
reflect the addition of rating criteria.
Enquiries:
Invesco Asset Management Limited 020 7065 3555
END
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