 |
 |
 |
| The PowerShares S&P 500 High Beta and PowerShares S&P 500 Low Volatility Portfolios: |
- Are the first beta-weighted and volatility-weighted ETFs, respectively.
- Are derived from one of the industry's best known benchmarks.
- Provide low cost1, broad exposure to the domestic equity market.
- Offer the benefits of the ETF structure including intra-day liquidity2 and transparency.3
- Offer the potential for quarterly and monthly income, respectively.
|
|
|
| SPHB: PowerShares S&P 500 High Beta Portfolio |
| The First Beta-Weighted ETF – Leveraging Market Exposure Through the Use of Beta |
| The PowerShares S&P 500 High Beta Portfolio is the first beta-weighted ETF and seeks investment results that correspond (before fees and expenses) generally to the price and yield of the S&P 500® High Beta Index (the Underlying Index). The Fund will invest at least 90% of its assets in common stocks that comprise the Underlying Index, which consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months as determined by Standard & Poor's. Index constituents are rebalanced quarterly. |
| SPLV: PowerShares S&P 500 Low Volatility Portfolio |
| The First Volatility-Weighted ETF – A Tool to Lessen Risk |
| The PowerShares S&P 500 Low Volatility Portfolio is the first volatility-weighted ETF and seeks investment results that correspond (before fees and expenses) generally to the price and yield of the S&P 500® Low Volatility Index (the Underlying Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Underlying Index, which consists of the 100 stocks from the S&P 500® Index, with the lowest realized volatility over the past 12 months as determined by Standard & Poor's. Index constituents are rebalanced quarterly. |
|
|
|
|
|
|
1 Since ordinary brokerage commissions may apply for each buy and sell transaction, frequent trading activity may increase
the cost of ETFs. |
| 2 Shares are not individually redeemable. Shares may be acquired from and tendered to the Fund in creation unit aggregations only, typically consisting of 50,000 shares. |
| 3 ETFs disclose their full portfolio holdings daily. |
| Volatility is the annualized standard deviation of index returns. |
| Beta is a measure of relative risk and the slope of regression. |
| There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. |
| The prices of equity securities change in response to many factors, including the historical and prospective earnings of the issuer, the value of its assets, general economic conditions, interest rates, investor perceptions and market liquidity. |
| The Funds are non-diversified and can invest a greater portion of their assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in Share price than would occur in a diversified fund. This may increase the Funds' volatility and cause the performance of a relatively small number of issuers to have a greater impact on the Funds' performance. |
| The S&P 500® Index is an unmanaged index considered representative of the U.S. stock market. Index returns do not represent Fund returns. An investor cannot invest directly in an index. |
| Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("Standard & Poor's") and have been licensed for use by the Adviser. The Fund is not sponsored, endorsed, sold or promoted by Standard & Poor's or its Affiliates, and Standard & Poor's and its Affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding shares of the Fund. |
|
|
|
©2012 Invesco PowerShares Capital Management LLC
| PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares Capital Management LLC and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd. |
| Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust, the PowerShares Exchange-Traded Fund Trust II, the PowerShares India Exchange-Traded Fund Trust and the PowerShares Actively Managed Exchange-Traded Fund Trust. |
| Investment products offered are: Not FDIC Insured • No Bank Guarantee • May Lose Value |
|
|
|
|
