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The PowerShares Golden Dragon China Portfolio (Fund) is based on the NASDAQ Golden Dragon China Index (Index). The Fund generally will invest at least 90% of its total assets in equity securities of companies deriving a majority of their revenues from the People’s Republic of China and that comprise the Underlying Index. The Underlying Index is composed of US exchange-listed companies that are headquartered or incorporated in the People’s Republic of China. The Fund and the Index are rebalanced and reconstituted quarterly.
Effective June 15, 2012, the name of the Underlying Index changed to the NASDAQ Golden Dragon China Index.
Effective April 30, 2012, the NASDAQ OMX Group, Inc. replaced the Halter Financial Group, Inc. as the index provider for the Halter USX China IndexSM (the "Underlying Index"), the underlying index of the PowerShares Golden Dragon Halter USX China Portfolio (the "Fund"). Also effective April 30, 2012, the name of the Fund changed to the PowerShares Golden Dragon China Portfolio. |
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Date |
|
5/17/2013 |
|
|
Price |
|
20.86 |
|
|
Bid/Ask Midpoint  |
|
20.87 |
|
| |
|
NAV |
|
20.93 |
|
|
Bid/Ask Prem/Disc |
|
-0.06 |
|
|
Bid/Ask Prem/Disc |
|
-0.29% |
|
|
|
|
|
|
| Index History (%) | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inception |
| NASDAQ Golden Dragon China Index | 0.06 | -9.62 | -6.19 | -3.55 | | 5.19 |
| MSCI China Index | -4.54 | 6.60 | 0.54 | 0.90 | 18.92 | 13.76 |
| FTSE/Xinhua China 25 Index | -6.88 | 3.83 | -1.26 | -1.20 | 17.18 | 11.39 |
| S&P 500 Index | 10.61 | 13.96 | 12.67 | 5.81 | 8.53 | 5.58 |
| Fund History (%) | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inception |
| NAV | -0.26 | -9.56 | -6.59 | -3.91 | | 4.64 |
| After Tax Held | -0.26 | -9.97 | -6.79 | -4.08 | | 4.46 |
| After Tax Sold | -0.15 | -4.93 | -4.74 | -2.76 | | 3.80 |
| Market Price | 0.00 | -9.52 | -6.65 | -3.91 | | 4.58 |
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 |
 |
| Data beginning 12/31/2004, the month end following Fund inception. |
Effective June 15, 2012, the name of the Underlying Index changed to the NASDAQ Golden Dragon China Index. |
| 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 |
0 |
1 |
0 |
| 12/31/2012 |
62 |
0 |
0 |
0 |
1 |
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 |
1 |
0 |
0 |
| Fund Inception: 12/9/2004 |
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 Growth |
38.37% |
|
|
Large-Cap Value |
11.85% |
|
|
Mid-Cap Growth |
29.54% |
|
|
Mid-Cap Value |
7.24% |
|
|
Small-Cap Growth |
10.64% |
|
|
Small-Cap Value |
2.35% |
|
|
Unclassified (Derivative) |
0.00% |
|
| As of 5/17/2013 |
 |
|
China |
100.00% |
|
|
| As of 5/17/2013 |
|
Fund Holdings subject to change |
|
|
BAIDU INC ADR |
|
7.53% |
|
|
NETEASE INC- ADR |
|
7.34% |
|
|
CHINA MOBILE LTD SP ADR |
|
7.28% |
|
|
SINA CORPORATION |
|
6.60% |
|
|
MINDRAY MEDICAL INTL LTD-ADR |
|
6.05% |
|
|
As of 5/17/2013 |
|
|
|
|
|
| |
|
CTRIP.COM INTERNATIONAL- ADR |
|
5.69% |
|
|
QIHOO 360 TECHNOLOGIES CO LTD ADR |
|
4.81% |
|
|
NEW ORIENTAL EDUCATIO-SP ADR |
|
4.51% |
|
|
SOHU.COM INC |
|
4.15% |
|
|
CNOOC LTD- ADR |
|
3.44% |
|
|
|
| | |
As of 5/17/2013
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.
Investments focused in a particular industry are subject to greater risk, 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.
The value of the securities of companies which derive the majority of their revenues from China is likely to be more volatile than that of other issuers. The Fund is subject to market fluctuations caused by such factors as economic, political, regulatory or market developments, changes in interest rates and perceived trends in security prices. Overall security values could decline generally or could underperform other investments.
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 Fund is considered non-diversified and may be subject to greater risks than a diversified fund.
The MSCI China Index, the FTSE/Xinhua China 25 Index and the S&P 500® Index are unmanaged indexes considered representative of Chinese stocks, Chinese blue chip stocks and the U.S. stock market, respectively.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
"NASDAQ®" is a registered trademark and is used under license. The Product is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates. NASDAQ OMX Group, Inc. is not affiliated with the Trust, the Adviser or the Distributor. The Adviser has entered into a license agreement with NASDAQ OMX Group, Inc. to use the Underlying Index. The Product is entitled to use its Underlying Index pursuant to a sub-licensing arrangement with the Adviser.
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