The PowerShares FTSE RAFI US 1500 Small-Mid Portfolio (Fund) is based on the FTSE RAFI US 1500 Small-Mid 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 small and medium-sized U.S. companies. Companies are selected based on the following four fundamental measures of size: book value, cash flow, sales and dividends. Each of the equities with a fundamental weight ranking of 1,001 to 2,500 is then selected and assigned a weight equal to its fundamental weight. The fundamentally weighted portfolio is rebalanced and reconstituted annually. |
 |
Date |
|
11/19/2009 |
|
|
Price |
|
47.27 |
|
|
Bid/Ask Midpoint |
|
47.18 |
|
| |
|
NAV |
|
47.17 |
|
|
Bid/Ask Prem/Disc  |
|
0.01 |
|
|
Bid/Ask Prem/Disc |
|
0.02% |
|
|
|
|
|
|
| As of 9/30/2009 |
| Index History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| FTSE RAFI US 1500 Small-Mid Index | 9.33 | 0.77 | | | 0.50 |
| S&P Small Cap 600 Index | -10.61 | -3.98 | | | -3.98 |
| Russell 2000 Index | -9.55 | -4.57 | | | -4.57 |
| S&P 500 Index | -6.91 | -5.43 | | | -5.43 |
|
| Fund History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| NAV | 10.00 | 0.49 | | | 0.21 |
| After Tax Held | 9.60 | 0.18 | | | -0.09 |
| After Tax Sold | 6.42 | 0.23 | | | 0.00 |
| Market Price | 9.64 | 0.49 | | | 0.19 |
| 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 9/30/2006, 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 |
1 |
0 |
0 |
0 |
0 |
0 |
| 6/30/2009 |
63 |
0 |
0 |
0 |
1 |
0 |
0 |
| 3/31/2009 |
61 |
0 |
0 |
0 |
0 |
0 |
0 |
| Fund Inception: 9/20/2006 |
 |
| Multi-Cap Core Style | Fund | |
| Large-Cap Growth | 0.10 | |
| Mid-Cap Growth | 6.39 | |
| Mid-Cap Value | 1.07 | |
| Small-Cap Growth | 36.32 | |
| Small-Cap Value | 55.66 | |
| Unclassified style data | 0.46 | |
| As of 11/20/2009 |
|
Fund Holdings subject to change |
|
|
Pier 1 Imports Inc. |
|
1.05% |
|
|
Modine Manufacturing Co. |
|
0.90% |
|
|
Valassis Communications Inc. |
|
0.74% |
|
|
Air Transport Services Group Inc. |
|
0.62% |
|
|
La-Z-Boy Inc. |
|
0.60% |
|
|
As of 11/20/2009 |
|
|
|
|
|
| |
|
Ferro Corp. |
|
0.59% |
|
|
Newcastle Investment Corp. |
|
0.57% |
|
|
Lee Enterprises Inc. |
|
0.54% |
|
|
Assured Guaranty Ltd. |
|
0.49% |
|
|
Select Comfort Corp. |
|
0.48% |
|
|
|
| | |
As of 11/20/2009
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 1500 Small-Mid Portfolio's return may not match the return of the FTSE™ RAFI US 1500 Small-Mid 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 1500 Small-Mid 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 1500 Small-Mid 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 1500 Small-Mid 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 1500 Small-Mid Portfolio shares directly from the Trust in large block creation/redemption units. The PowerShares FTSE™ RAFI US 1500 Small-Mid 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 sponsored or endorsed by the NASDAQ, and the NASDAQ makes no warranty or representation as to the accuracy and/or
completeness of the Indexes or the results to be obtained by any person from the use of the Indexes or the trading of the Fund shares.
The S&P SmallCap 600 Index is a market-value weighted index that consists of 600 small-cap U.S. stocks chosen for market size, liquidity and industry
group representation. The S&P 500® Index and
the Russell 2000® Index are unmanaged indexes
considered representative of the U.S. stock market
and small-cap stocks, respectively. The Russell 2000
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 the source of such data or has obtained it from third-party financial reporting sources.
PowerShares FTSE™ RAFI US 1500 Small-Mid Portfolio is subject to risks similar to those of stocks, including those regarding short selling and margin account maintenance. Usual brokerage commissions apply.
For more information regarding PowerShares FTSE™ RAFI US 1500 Small-Mid Portfolio or any of the Invesco PowerShares products, please call
800.983.0903.
