The PowerShares DWA Developed
Markets Technical Leaders Portfolio (Fund) is based on the Dorsey Wright Developed
Markets Technical Leaders Index (Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates' classification definition, excluding U.S. companies listed on a U.S. stock exchange. This Index includes approximately 100 companies that possess powerful relative
strength characteristics and are domiciled in developed markets including, but not limited to Australia, Austria, Belgium, Canada,
Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan,
Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom. The Index excludes U.S. companies listed on a U.S. stock exchange. The
Index is reconstituted and
rebalanced quarterly. |

 |
Date |
|
9/1/2010 |
|
 |
Price |
|
18.61 |
|
 |
Bid/Ask Midpoint |
|
18.59 |
|
| |

 |
NAV |
|
18.44 |
|
 |
Bid/Ask Prem/Disc  |
|
0.15 |
|
 |
Bid/Ask Prem/Disc |
|
0.79% |
|
|
 |
 |
 |
 |
| As of 6/30/2010 |
| Index History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| Dorsey Wright Dvlpd Mkts Technical Leaders Index | 16.60 | | | | -13.23 |
| MSCI EAFE Index | 5.92 | | | | -15.96 |
| MSCI EAFE Growth Index | 8.59 | | | | -15.22 |
| S&P 500 Index | 14.43 | | | | -11.16 |
 |
| Fund History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| NAV | 13.76 | | | | -14.70 |
| After Tax Held | 12.80 | | | | -15.13 |
| After Tax Sold | 9.00 | | | | -12.46 |
| Market Price | 13.41 | | | | -15.06 |
| 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 12/31/2007, 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 |
12 |
6 |
0 |
15 |
5 |
0 |
| 3/31/2010 |
61 |
5 |
2 |
0 |
18 |
4 |
0 |
| 12/31/2009 |
64 |
10 |
2 |
0 |
3 |
1 |
1 |
| 9/30/2009 |
63 |
5 |
9 |
0 |
10 |
6 |
1 |
| Fund Inception: 12/28/2007 |
 |
| Ex-Date |  | Record Date |  | Pay Date |  | $ / Share |  | Ordinary Income |  | Short Term Gains |  | Long Term Gains |  | Return of Capital |
| 6/18/2010 |  | 6/22/2010 |  | 6/30/2010 |  | 0.05115 |  | 0.05115 |  | N.A. |  | N.A. |  | N.A. |
| 12/18/2009 |  | 12/22/2009 |  | 12/31/2009 |  | 0.38690 |  | 0.38690 |  | N.A. |  | N.A. |  | N.A. |
| 12/19/2008 |  | 12/23/2008 |  | 12/31/2008 |  | 0.01655 |  | 0.01655 |  | N.A. |  | N.A. |  | N.A. |
| 6/20/2008 |  | 6/24/2008 |  | 6/30/2008 |  | 0.27589 |  | 0.27589 |  | N.A. |  | N.A. |  | N.A. | |
| |
| Distribution Information |
 |
| Multi-Cap Core Style | Fund | |
| Large-Cap Growth | 43.23 | |
| Large-Cap Value | 27.91 | |
| Mid-Cap Growth | 17.31 | |
| Mid-Cap Value | 10.54 | |
| Unclassified style data | 1.02 | |
| As of 9/1/2010 |
 |
| Country |
 |
United Kingdom |
22.11% |
|
 |
Canada |
19.10% |
|
 |
Hong Kong |
9.86% |
|
 |
Singapore |
9.86% |
|
 |
Australia |
9.36% |
|
 |
Japan |
8.76% |
|
 |
Switzerland |
5.64% |
|
 |
Germany |
5.05% |
|
 |
France |
3.21% |
|
 |
Norway |
3.11% |
|
|
| As of 9/1/2010 |

 |
Fund Holdings subject to change |
|
 |
Genting Singapore PLC |
|
4.12% |
|
 |
Ivanhoe Mines Ltd. |
|
3.06% |
|
 |
Infineon Technologies AG |
|
2.50% |
|
 |
Silver Wheaton Corp. |
|
2.16% |
|
 |
Petrofac Ltd. |
|
1.83% |
|
 |
As of 9/1/2010 |
|
|
|
|
|

 | |
 |
Barclays PLC |
|
1.78% |
|
 |
Yangzijiang Shipbuilding Holdings Ltd. |
|
1.64% |
|
 |
ARM Holdings PLC |
|
1.62% |
|
 |
Fortescue Metals Group Ltd. |
|
1.36% |
|
 |
Cochlear Ltd. |
|
1.30% |
|
|
 |

|  |  |

As of 9/1/2010
Performance data quoted represents past performance. Past performance is no guarantee of future results. PowerShares Exchange-Traded Fund Trust II portfolios are not actively
managed and are subject to risk similar to stocks, including those related to short selling and margin maintenance. The PowerShares DWA Developed
Markets Technical Leaders Portfolio's return may not match the return of the Dorsey Wright Developed
Markets Technical Leaders 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 Dorsey Wright Developed
Markets Technical Leaders 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 decease in value more or less in correlation with increases and decreases in the value of the Index. 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 DWA Developed
Markets Technical Leaders 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 Dorsey Wright Developed Markets Technical Leaders Index for a number of reasons. For example, the Fund incurs a number of operating expenses not applicable to the Dorsey Wright Developed
Markets Technical Leaders Index, and incurs costs in buying and selling securities, especially when rebalancing the Fund's securities holdings to reflect changes in composition of the 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 Dorsey Wright Developed
Markets Technical Leaders Index, as would be the case if it purchased all the stocks in the Index, with the same weightings as the Index.
An investment in the securities of non-U.S. issuers involves risks beyond those associated with investments in U.S. securities, including, but not limited to:
greater market volatility, the availability of less reliable financial information, higher transactional and custody costs, taxation by foreign governments,
decreased market liquidity, political instability, negative impact of changes in currency exchange rates or foreign governmental regulation.
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.
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 Annual Fund Operating Expenses. You may purchase or sell PowerShares DWA Developed
Markets Technical Leaders 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 DWA Developed
Markets Technical Leaders Portfolio shares directly from the Trust in large block creation/redemption units. The PowerShares DWA Developed
Markets Technical Leaders 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 in Fund Creation Unit Aggregations only.
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 100,000 shares.
The MSCI EAFE® Index, the MSCI EAFE® Growth
Index and the S&P 500® Index are unmanaged
indexes considered representative of stocks of
Europe, Australasia and the Far East; growth stocks
of Europe, Australasia and the Far East; and the U.S.
stock market, respectively.
Except where indicated otherwise, all information is as of the 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 DWA Developed
Markets Technical Leaders Portfolio is subject to risks similar to those of stocks, including those regarding short selling and margin account maintenance. Usual brokerage commissions apply.
Dorsey Wright® and DWA® are registered trademarks of Dorsey Wright & Associates, Inc. that are licensed to Invesco PowerShares Capital Management LLC. This product is not sponsored, recommended, sold or promoted by Dorsey Wright &
Associates or any of its affiliates. Invesco PowerShares Capital Management LLC is not affiliated with any Dorsey Wright company.
For more information regarding PowerShares DWA Developed
Markets Technical Leaders Portfolio or any of the Invesco PowerShares products, please call 800.983.0903.