The PowerShares 1-30 Laddered Treasury Portfolio (Fund) is based on the Ryan/NASDAQ 1-30 Year Treasury Laddered Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index measures the potential returns of the U.S. Treasury yield curve based on approximately 30 equally weighted U.S. Treasury issues with fixed coupons, scheduled to mature in a proportional, annual sequential ("laddered") structure. The Portfolio does not participate in Treasury Bills, Treasury Inflation Protected Securities (TIPS), or zero-coupon securities (STRIPS). The Fund and the Index are rebalanced and reconstituted annually in February.
Effective Dec. 28, 2012, the NASDAQ OMX Group, Inc. replaced Mergent®, Inc. as the index provider. On Monday, Feb. 25, 2013, the Ryan/Mergent 1-30 Year Treasury Laddered Index was renamed the Ryan/NASDAQ 1-30 Year Treasury Laddered Index. |

 |
Date |
|
5/21/2013 |
|
 |
Price |
|
32.08 |
|
 |
Bid/Ask Midpoint  |
|
32.09 |
|
| |

 |
NAV |
|
32.05 |
|
 |
Bid/Ask Prem/Disc  |
|
0.04 |
|
 |
Bid/Ask Prem/Disc |
|
0.12% |
|
|
 |
 |
 |
 |
| Index History (%) | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inception |
| Ryan/NASDAQ 1-30 Year Treasury Laddered Index | -1.10 | 6.05 | 9.90 | 7.02 | | 8.37 |
| Barclays U.S. Treasury Index | -0.19 | 3.14 | 5.39 | 4.45 | 4.63 | 5.71 |
| Barclays U.S. Aggregate Index | -0.12 | 3.77 | 5.52 | 5.47 | 5.02 | 5.97 |
| Fund History (%) | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inception |
| NAV | -1.13 | 5.79 | 9.57 | 6.69 | | 8.04 |
| After Tax Held | -1.37 | 4.87 | 8.55 | 5.59 | | 6.89 |
| After Tax Sold | -0.64 | 3.44 | 7.05 | 4.79 | | 5.87 |
| Market Price | -0.65 | 6.02 | 9.56 | 6.64 | | 8.00 |
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 10/31/2007, 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 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 |
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: 10/11/2007 |
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. |
 |
Fund Holdings subject to change |
|
| | | Coupon Rate | Maturity Date | Rating† | Weight |
|
1.
| US TREASURY NOTE | 4.50% | 2/15/2036 | AA/Aaa | 10.03% |
|
2.
| US TREASURY BOND | 5.38% | 2/15/2031 | AA/Aaa | 10.03% |
|
3.
| US TREASURY BOND | 6.63% | 2/15/2027 | AA/Aaa | 3.36% |
|
4.
| US TREASURY NOTE 02-22 | 2.00% | 2/15/2022 | AA/Aaa | 3.36% |
|
5.
| US TREASURY BOND | 4.38% | 2/15/2038 | AA/Aaa | 3.36% |
|
6.
| US TREASURY BOND 02-42 | 3.13% | 2/15/2042 | AA/Aaa | 3.35% |
|
7.
| US TREASURY BOND | 3.13% | 2/15/2043 | AA+u/Aaa | 3.35% |
|
8.
| US TREASURY BOND 02-41 | 4.75% | 2/15/2041 | AA/Aaa | 3.35% |
|
9.
| US TREASURY BOND 2-39 | 3.50% | 2/15/2039 | AA/Aaa | 3.35% |
|
10.
| US TREASURY BOND | 5.25% | 2/15/2029 | AA/Aaa | 3.35% |
| | % of Fund |
| 0 - 1 years | 3.31 |
| 1 - 5 years | 13.23 |
| 5 - 10 years | 16.62 |
| 10 - 15 years | 16.67 |
| 15 - 20 years | 16.69 |
| 20 - 25 years | 16.73 |
| 25 years and Over | 16.75 |
| | |
†Credit ratings are assigned by Nationally Recognized Statistical Rating Organizations based on assessment of the credit worthiness of the underlying bond issuers. The ratings range from AAA (highest) to D (lowest) and are subject to change. Not rated indicates the debtor was not rated, and should not be interpreted as indicating low quality. Futures and other derivatives are not eligible for assigned credit ratings by any NRSRO and are excluded from quality allocations. For more information on rating methodologies, please visit the following NRSRO websites: standardandpoors.com and select "Understanding Ratings" under Rating Resources and moodys.com and select "Rating Methodologies" under Research and Ratings.
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 may invest in debt securities, such as notes and bonds, which carry interest rate and credit risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. Credit risk is the risk of loss on an investment due to the deterioration of an issuer's financial health.
Securities that have longer maturities are subject to greater risks, and are more greatly impacted by market volatility, than a fund investing solely in shorter term securities.
The Fund’s underlying securities may be subject to call risk, which may result in the Fund having to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund’s income.
The Fund is considered non-diversified and may be subject to greater risks than a diversified fund.
The Barclays U.S. Treasury Index is an unmanaged index of U.S. Treasury securities. The Barclays U.S. Aggregate Index is an unmanaged index considered representative of the U.S. investment-grade, fixed-rate bond market.
The Ryan/NASDAQ 1-30 Year Treasury Laddered Index is licensed for use by Invesco PowerShares Capital Management LLC in connection with the PowerShares 1-30 Laddered Treasury Portfolio. The Fund is not sponsored or endorsed by NASDAQ OMX Group, Inc., and NASDAQ OMX Group, Inc. makes no warranty or representation as to the accuracy and/or completeness of the Index or results to be obtained by any person from use of the Index or the trading of the Product.
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