The PowerShares FTSE™ RAFI US 1000 Portfolio (Fund) is based on the FTSE™ RAFI US 1000 Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest U.S. equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The 1000 equities with the highest fundamental strength are weighted by their fundamental scores. The fundamentally weighted portfolio is rebalanced and reconstituted annually. |
 |
Date |
|
11/19/2009 |
|
|
Price |
|
47.23 |
|
|
Bid/Ask Midpoint |
|
47.23 |
|
| |
|
NAV |
|
47.23 |
|
|
Bid/Ask Prem/Disc  |
|
0.00 |
|
|
Bid/Ask Prem/Disc |
|
-0.01% |
|
|
|
|
|
|
| As of 9/30/2009 |
| Index History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| FTSE RAFI US 1000 Index | 6.30 | -2.37 | | | 0.80 |
| Russell 1000 Index | -6.14 | -5.10 | | | -2.12 |
| S&P 500 Index | -6.91 | -5.43 | | | -2.26 |
|
| Fund History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| NAV | 6.21 | -2.82 | | | 0.29 |
| After Tax Held | 5.38 | -3.42 | | | -0.28 |
| After Tax Sold | 3.90 | -2.73 | | | -0.08 |
| Market Price | 5.66 | -2.96 | | | 0.29 |
| 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. |
Total returns are based on the closing market price. 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 9/30/2009 |
 |
| Data beginning 12/31/2005, 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 The results assume that no cash was added to or assets withdrawn from the Index.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 |
| 12/31/2009 |
22 |
0 |
0 |
0 |
0 |
0 |
0 |
| 9/30/2009 |
63 |
0 |
0 |
0 |
0 |
0 |
0 |
| 6/30/2009 |
63 |
0 |
0 |
0 |
0 |
0 |
0 |
| 3/31/2009 |
61 |
0 |
0 |
0 |
0 |
0 |
0 |
| Fund Inception: 12/19/2005 |
 |
| Multi-Cap Core Style | Fund | |
| Large-Cap Growth | 15.67 | |
| Large-Cap Value | 33.84 | |
| Mid-Cap Growth | 18.91 | |
| Mid-Cap Value | 15.29 | |
| Small-Cap Growth | 4.81 | |
| Small-Cap Value | 10.96 | |
| Unclassified style data | 0.54 | |
| As of 11/19/2009 |
|
Fund Holdings subject to change |
|
|
Citigroup Inc. |
|
7.41% |
|
|
Bank of America Corp. |
|
6.07% |
|
|
Ford Motor Co. |
|
2.20% |
|
|
General Electric Co. |
|
2.19% |
|
|
JPMorgan Chase & Co. |
|
1.62% |
|
|
As of 11/19/2009 |
|
|
|
|
|
| |
|
Exxon Mobil Corp. |
|
1.53% |
|
|
Microsoft Corp. |
|
1.37% |
|
|
Wells Fargo & Co. |
|
1.34% |
|
|
INVESCO Ltd. |
|
1.18% |
|
|
Avis Budget Group Inc. |
|
1.17% |
|
|
|
| | |
As of 11/19/2009
Performance data quoted represents past performance. Past performance is no guarantee of future results. PowerShares Exchange-Traded Fund Trust portfolios are not actively
managed and are subject to risk similar to stocks, including those related to short selling and margin maintenance. The PowerShares FTSE™ RAFI US 1000 Portfolio's return may not match the return of the FTSE™ RAFI US 1000 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 FTSE™ RAFI US 1000 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 FTSE™ RAFI US 1000 Portfolio will fluctuate so that shares, when sold, may be worth more or less than their original cost.
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 Net Annual Fund Operating Expenses. You may purchase or sell PowerShares FTSE™ RAFI US 1000 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 FTSE™ RAFI US 1000 Portfolio shares directly from the Trust in large block creation/redemption units. The PowerShares FTSE™ RAFI US 1000 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 Fund is not in any way sponsored, endorsed, sold or promoted by FTSE International Limited (“FTSE”) or by the London Stock Exchange Plc (“Exchange”) or by The Financial Times Limited (“FT”) or by Research Affiliates LLC (“RA”), and neither FTSE nor Exchange nor FT nor RA makes any warranty or representation whatsoever, expressly or implicitly, as to the results to be obtained from the use of the FTSE™ RAFI 1000 Index (“Index”) and/or the figure at which the said Index stands at any particular time on any particular day or otherwise. The Index is compiled and calculated by FTSE in conjunction with RA; however, neither FTSE nor Exchange nor FT nor RA shall be liable (whether in negligence or otherwise) to any person for any error in the Index, and neither FTSE nor the Exchange nor FT nor RA shall be under any obligation to advise any person of any error therein.
The S&P 500® Index and the Russell 1000® Index
are unmanaged indexes considered representative
of the U.S. stock market and large-cap stocks,
respectively. The Russell 1000 Index is a trademark/
service mark of the Frank Russell Co. Russell® is a
trademark of the Frank Russell Co.
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 FTSE™ RAFI US 1000 Portfolio is subject to risks similar to those of stocks, including those regarding short selling and margin account maintenance. Usual brokerage commissions apply.
"FTSE" is a trademark of the London Stock Exchange Plc and The Financial Times Limited and is used by the FTSE International Limited under license.
For more information regarding PowerShares FTSE™ RAFI US 1000 Portfolio or any of the Invesco PowerShares products, please call
800.983.0903.
