The PowerShares Water Resources Portfolio (Fund) is based on the NASDAQ OMX US Water Index. The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April. |
 |
Date |
|
5/24/2013 |
|
|
Price |
|
23.00 |
|
|
Bid/Ask Midpoint  |
|
23.00 |
|
| |
|
NAV |
|
23.01 |
|
|
Bid/Ask Prem/Disc |
|
-0.01 |
|
|
Bid/Ask Prem/Disc |
|
-0.04% |
|
|
|
|
|
|
| Index History (%) | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inception |
| NASDAQ OMX US Water Index | 10.80 | 21.34 | | | | |
| NASDAQ OMX US Water Index* | 10.80 | 21.34 | 11.41 | 5.34 | | 7.82 |
| ISE Water Index | 10.61 | 20.61 | 13.16 | 6.76 | | 9.00 |
| S&P 500 Index | 10.61 | 13.96 | 12.67 | 5.81 | 8.53 | 5.22 |
| Fund History (%) | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inception |
| NAV | 10.60 | 20.38 | 10.43 | 4.22 | | 6.38 |
| After Tax Held | 10.60 | 20.23 | 10.31 | 4.12 | | 6.28 |
| After Tax Sold | 6.00 | 11.76 | 8.15 | 3.30 | | 5.10 |
| Market Price | 10.86 | 20.49 | 10.46 | 4.26 | | 6.24 |
Index data prior to March 1, 2012 reflects that of the Palisades Water Index. From March 1, 2012, forward, the index data reflects that of the NASDAQ OMX US Water Index. All Index history reflects a blend of the performance of the aforementioned Indexes AND IS NOT INTENDED FOR ANY THIRD PARTY USE (NASDAQ OMX US Water Index*). |
| |
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV.
|
 |
| As of 3/31/2013 |
 |
| Fund inception precedes index data — data begins 7/31/2011, the month end following most recent index publication date. |
| An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown. |
 |
| |
Bid/Ask MidPoint Above NAV |
Bid/Ask Midpoint Below NAV |
Quarter
Ending |
Days |
50-99
Basis Points |
100-199
Basis Points |
H200
Basis Points |
50-99
Basis Points |
100-199
Basis Points |
H200
Basis Points |
| 3/31/2013 |
60 |
0 |
0 |
0 |
1 |
0 |
0 |
| 12/31/2012 |
62 |
0 |
0 |
0 |
0 |
0 |
0 |
| 9/30/2012 |
63 |
0 |
0 |
0 |
0 |
0 |
0 |
| 6/30/2012 |
63 |
0 |
0 |
0 |
0 |
0 |
0 |
| Year Ended 2012 |
250 |
0 |
0 |
0 |
0 |
0 |
0 |
| Fund Inception: 12/6/2005 |
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results. |
 | |
Large-Cap Value |
3.28% |
|
|
Mid-Cap Growth |
30.03% |
|
|
Mid-Cap Value |
24.66% |
|
|
Small-Cap Growth |
29.52% |
|
|
Small-Cap Value |
12.50% |
|
| As of 5/24/2013 |
|
Fund Holdings subject to change |
|
|
Pentair Ltd |
|
8.40% |
|
|
Waters Corp |
|
8.22% |
|
|
American Water Works Co Inc |
|
8.16% |
|
|
Pall Corp |
|
8.11% |
|
|
Flowserve Corp |
|
8.10% |
|
|
As of 5/24/2013 |
|
|
|
|
|
| |
|
Mueller Water Products Inc |
|
5.13% |
|
|
Aqua America Inc |
|
4.32% |
|
|
Toro Co/The |
|
4.11% |
|
|
Xylem Inc/NY |
|
3.94% |
|
|
Watts Water Technologies Inc |
|
3.89% |
|
|
|
| | |
As of 5/24/2013
Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.
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’s return may not match the return of the Underlying Index.
The Fund’s use of a representative sampling approach will result in its holding a smaller number of securities than are in the underlying Index, and may be subject to greater volatility.
The Fund may contain securities in the water industry. Companies engaged in this industry are subject to greater risks, and are more greatly impacted by market volatility, than more diversified investments.
Investing in securities of small and medium-sized companies may involve greater risk than is customarily associated with investing in large companies.
Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
Foreign securities have additional risks, including exchange-rate changes, decreased market liquidity, political instability and taxation by foreign governments.
The Fund is considered non-diversified and may be subject to greater risks than a diversified fund.
Securities lending involves a risk of loss because the borrower may fail to return the securities in a timely manner or at all. If a Fund is not able to recover the securities loaned, it may sell the collateral and purchase a replacement security in the market. Lending securities entails a risk of loss to the Funds if and to the extent that the market value of the loaned securities increases and the collateral is not increased accordingly.
The ISE Water Index is an unmanaged index composed of stocks of companies involved in the water industry. The S&P 500® Index is an unmanaged index considered representative of the U.S. stock market.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
The PowerShares Water Resources Portfolio is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates (NASDAQ OMX, with its affiliates, are referred to as the "Corporations"). The Corporations have no liability in connection with the administration, marketing or trading of the PowerShares Water Resources Portfolio. "NASDAQ®" is a registered trademark and is used under license.
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