The PowerShares India Portfolio (Fund) is based on the Indus India Index (Index). The Fund will normally invest at least 80% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two major Indian exchanges. The India Index has 50 constituents, spread among the following sectors: Information Technology, Health Services, Financial Services, Heavy Industry, Consumer Products and Other. The India Index is supervised by an index committee, comprised of representatives of the Index Provider and members of academia specializing in emerging markets. |

 |
Date |
|
7/29/2010 |
|
 |
Price |
|
22.39 |
|
 |
Bid/Ask Midpoint |
|
22.36 |
|
| |

 |
NAV |
|
22.55 |
|
 |
Bid/Ask Prem/Disc  |
|
-0.20 |
|
 |
Bid/Ask Prem/Disc |
|
-0.87% |
|
|
 |
 |
 |
 |
| As of 6/30/2010 |
| Index History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| Indus India Index | 26.79 | 2.82 | | | -2.03 |
| MSCI India Index | 32.04 | 2.91 | | | -5.36 |
| Sensex Index | 27.52 | 3.33 | | | -4.67 |
| S&P 500 Index | 14.43 | -9.80 | | | -8.25 |
 |
| Fund History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| NAV | 25.13 | | | | -3.74 |
| After Tax Held | 24.90 | | | | -3.92 |
| After Tax Sold | 16.33 | | | | -3.28 |
| Market Price | 23.99 | | | | -5.08 |
| aFund and underlying Index returns are based on the inception date of the Fund. Returns for the benchmark indexes are based on the closest month end to the Fund's inception date. |
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 6/30/2010 |
 |
| Data beginning 3/31/2008, the month end following Fund inception |
| 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 |
Days  |
50-99 Basis Points |
100-199 Basis Points |
H200 Basis Points |
50-99 Basis Points |
100-199 Basis Points |
H200 Basis Points |
| 6/30/2010 |
63 |
17 |
2 |
0 |
9 |
8 |
1 |
| 3/31/2010 |
61 |
9 |
3 |
0 |
9 |
4 |
0 |
| 12/31/2009 |
64 |
22 |
5 |
0 |
5 |
4 |
1 |
| 9/30/2009 |
63 |
11 |
13 |
0 |
5 |
2 |
0 |
| Fund Inception: 3/5/2008 |
 |
| Ex-Date |  | Record Date |  | Pay Date |  | $ / Share |  | Ordinary Income |  | Short Term Gains |  | Long Term Gains |  | Return of Capital |
| 12/18/2009 |  | 12/22/2009 |  | 12/31/2009 |  | 0.07495 |  | 0.07495 |  | N.A. |  | N.A. |  | N.A. |
| 9/18/2009 |  | 9/22/2009 |  | 9/30/2009 |  | 0.03807 |  | 0.03807 |  | N.A. |  | N.A. |  | N.A. |
| 6/19/2009 |  | 6/23/2009 |  | 6/30/2009 |  | 0.01848 |  | 0.01848 |  | N.A. |  | N.A. |  | N.A. |
| 12/19/2008 |  | 12/23/2008 |  | 12/31/2008 |  | 0.01535 |  | 0.01535 |  | N.A. |  | N.A. |  | N.A. |
| 6/20/2008 |  | 6/24/2008 |  | 6/30/2008 |  | 0.03322 |  | 0.03322 |  | N.A. |  | N.A. |  | N.A. | |
| |
| Distribution Information |
 |
| Multi-Cap Core Style | Fund | |
| Large-Cap Growth | 49.18 | |
| Large-Cap Value | 49.75 | |
| Mid-Cap Growth | 1.08 | |
| As of 7/28/2010 |
 |
| Country |
 |
India |
100.00% |
|
|
| As of 7/28/2010 |

 |
Fund Holdings subject to change |
|
 |
Infosys Technologies Ltd. |
|
10.14% |
|
 |
Reliance Industries Ltd. |
|
9.62% |
|
 |
Oil & Natural Gas Corp. Ltd. |
|
9.11% |
|
 |
NTPC Ltd. |
|
4.07% |
|
 |
HDFC Bank Ltd. |
|
3.74% |
|
 |
As of 7/28/2010 |
|
|
|
|
|

 | |
 |
Hindustan Unilever Ltd. |
|
3.52% |
|
 |
Bharti Airtel Ltd. |
|
3.28% |
|
 |
Indian Oil Corp. Ltd. |
|
3.27% |
|
 |
Tata Consultancy Services Ltd. |
|
3.02% |
|
 |
Wipro Ltd. |
|
2.53% |
|
|
 |

|  |  |

As of 7/28/2010
Performance data quoted represents past performance. As stated in the Fund's prospectus, the expense ratio of 0.78% is expressed as a unitary fee to cover expenses incurred in connection with managing the portfolio. Past performance is no guarantee of future results. PowerShares India Portfolio is not actively
managed and is subject to risk similar to stocks, including those related to short selling and margin maintenance. The PowerShares India Portfolio's return may not match the return of the Indus India Index, as outlined in the prospectus. For actual Fund performance, please contact your financial advisor. Index performance does not reflect charges and expenses associated with the Fund or brokerage commissions associated with buying and selling Fund shares.
The value of the stocks in the Indus India Index is likely to be more volatile than stocks of other issues. An investor in the
fund should anticipate that the value of their shares will increase or decrease in value more or less in correlation with increases or decreases in value of
the Indus India Index.
Stocks of Indian companies carry additional risks, including, but not limited to: The value of the Fund's assets may be adversely affected by political, economic,
social and other factors, changes in Indian law or regulations and the status of India's relations with other countries. In addition, the economy of India may differ
favorably or unfavorably from the U.S. economy in such respects as the rate of growth of gross domestic product, the rate of inflation, capital reinvestment,
resource self-sufficiency and balance of payments position. Agriculture occupies a more prominent position in the Indian economy than in the United States, and
the Indian economy therefore is more susceptible to adverse changes in weather. The Indian government has exercised and continues to exercise significant
influence over many aspects of the economy, and the number of public sector enterprises in India is substantial. Accordingly, Indian government actions in the future could have a significant effect on the Indian economy, which could affect private sector companies and the Fund, market conditions, and prices and yields of securities in the Fund's portfolio.
The Fund currently operates through a wholly owned subsidiary in the Republic of Mauritius and will benefit from favorable
tax treatment by the Indian government pursuant to a taxation treaty between India and Mauritius. Please see the prospectus for more complete information.
There are risks involved with investing in ETFs including the possible loss of money. The investment return and principal value of an investment in
PowerShares India Portfolio will fluctuate so that shares, when sold, may be worth more or less than their original cost.
The Fund's return may not match the return of the Indus India Index for a number of reasons. For example, the Fund incurs a number of operating expenses not applicable to the Indus India Index, and incurs costs in buying and selling securities, especially when rebalancing the Fund's securities holdings to reflect changes in composition of the Indus India Index.
The Fund may not be fully invested at times, either as a result of cash flows into the fund or reserves of cash held by the Fund to meet redemptions and expenses. If the Fund utilizes a sampling approach or futures or other derivative positions, its return may not correlate as well with the return on the Indus India Index, as would be the case if it purchased all the stocks in the Indus India Index, with the same weightings as the Indus India Index.
The Index may include small and medium-sized companies. Investing in securities of these companies involves greater risk than is customarily associated with investing in more established companies. These companies' stocks may be more volatile and less liquid than those of more established companies. These stocks may have returns that vary, sometimes significantly, from the overall stock market. Often smaller and medium capitalization companies and the industries in which they are focused are still evolving, and while this may offer better growth potential than larger, more established companies, it may also make them more sensitive to changing market conditions.
Tax Consequences of Redemption Proceeds Being Limited Primarily to Cash
Unlike most exchange-traded funds, the Fund does not and will not generally make primarily in-kind redemptions. As such the Fund may be required to sell portfolio securities in order to obtain the cash needed to distribute redemption proceeds. Generally, this will cause the Fund to recognize gain it might not otherwise have recognized, or to recognize such gain sooner than would otherwise be required, if it were able to distribute the shares primarily in-kind. Based on the U.S. federal income tax rules applicable to the ETF and an investment in the ETF, this may cause particular shareholders to be subject to tax on gains they would not otherwise be subject to, or at an earlier date than, if they had made an investment in a different exchange-traded fund.
Please review a copy of the prospectus carefully prior to investing. The prospectus provides a detailed explanation of the costs of investing, including the Total Net Annual Fund Operating Expenses. You may purchase or sell PowerShares India Portfolio shares throughout the day through any brokerage account, which will result in typical brokerage commissions. However, only Authorized Participants may create or redeem PowerShares India Portfolio shares directly from the Trust in large block creation/redemption units. The PowerShares India Portfolio is obligated to distribute portfolio gains to shareholders, and trading Fund shares may generate tax consequences.
Shares are not individually redeemable and owners of the Shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Units only, typically consisting of aggregations of 50,000 shares.
The MSCI India Index and the Sensex Index are
unmanaged indexes considered representative
of Indian stocks. The S&P 500® Index is an
unmanaged index considered representative of
the U.S. stock market.
Except where indicated otherwise, all information is as of date noted, and Invesco PowerShares Capital Management LLC is either the source of such data or has obtained it from third-party financial reporting sources.
PowerShares India Portfolio is subject to risks similar to those of stocks, including those regarding short selling and margin account maintenance. Usual brokerage commissions apply.
Indus Advisors LLC ("Indus") is the Index Provider for the Fund. Indus is not affiliated with the Trust, the Adviser or the Distributor. Indus' only relationship to the Adviser, the Fund or the Distributor is Indus' licensing to the Adviser of certain Indus trademarks, Indexes and trade names, which are composed by Indus without regard to the Adviser, the Fund, the Distributor or any investor; and Indus makes no warranty or representation regarding the advisability of purchasing, holding or trading this product.
For more information regarding PowerShares India Portfolio or any of the Invesco PowerShares products, please call
800.983.0903.