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The PowerShares Autonomic Growth NFA Global Asset Portfolio (Fund) seeks investment results that correspond generally to the price and yield performance of the New Frontier Global Dynamic Growth Index™ (Underlying Index). The Fund will normally invest at least 90% of its total assets in the securities of funds included in the Index.
The Fund is a "fund of funds," as it invests its assets in the securities of funds included in the Underlying Index, which includes underlying funds rather than individual securities. The funds included in the Underlying Index are ETFs advised by the Adviser or its affiliates ("PowerShares ETFs") or, if the asset exposure sought is not available through a PowerShares ETF, ETFs advised by unaffiliated entities (collectively, the "Underlying ETFs"). The Fund and any PowerShares ETFs in which the Fund invests are part of the same group of investment companies.
The Underlying Index is optimized relative to a growth risk profile targeting approximately 90% equities and 10% taxable fixed income. The Underlying Index is generally adjusted quarterly, though monthly rebalancing may be necessary in volatile markets to ensure the 90/10 risk target is met.
Shares are ETF investments and have risks similar to stocks. Ordinary brokerage commissions apply. |
 |
Date |
|
11/19/2009 |
|
|
Price |
|
10.86 |
|
|
Bid/Ask Midpoint |
|
10.90 |
|
| |
|
NAV |
|
10.93 |
|
|
Bid/Ask Prem/Disc  |
|
-0.03 |
|
|
Bid/Ask Prem/Disc |
|
-0.28% |
|
|
|
|
|
|
| As of 9/30/2009 |
| Index History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| NF Global Dynamic Growth Index | -4.10 | | | | -19.80 |
| S&P 500 Index | -6.91 | | | | -16.90 |
|
| Fund History (%) | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inceptiona |
| NAV | -4.18 | | | | -20.66 |
| After Tax Held | -4.84 | | | | -21.16 |
| After Tax Sold | -2.81 | | | | -17.75 |
| Market Price | -6.00 | | | | -21.35 |
| 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. |
| Standardized performance calculations include the Acquired Fund Fees and Expenses. |
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 stated in the Fund's prospectus, the expense ratio of 0.25% is expressed as a unitary fee to cover expenses incurred in connection with managing the portfolio. In addition to the expense ratio of 0.25%, the Fund will indirectly bear its proportionate share of the fees and expenses of the underlying ETFs in which it invests. As of February 27, 2009, the estimates of these Acquired Fund Fees and Expenses would be 0.58% through the fiscal year ending October 31, 2009. However, this amount will vary over time due to changes in the underlying ETF fees and expenses and the constitution of the Index. Past performance is not a guarantee of future results; current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and Shares, when redeemed, may be worth more or less than their original cost. The Shares’ performance reflects fee waivers, absent which performance would have been lower. See invescopowershares.com to find the most recent month-end performance numbers. After Tax Held represents total return after taxes on distributions and assumes Shares have not been sold. After Tax Sold represents total return after taxes on distributions and the sale of Fund Shares. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes.
|
 |
| As of 9/30/2009 |
 |
| Data beginning 5/31/2008, 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 |
5 |
4 |
0 |
2 |
1 |
1 |
| 9/30/2009 |
63 |
6 |
2 |
1 |
3 |
0 |
0 |
| 6/30/2009 |
63 |
17 |
6 |
2 |
3 |
2 |
1 |
| 3/31/2009 |
61 |
7 |
5 |
0 |
5 |
2 |
0 |
| Fund Inception: 5/20/2008 |
 |
| Ex-Date | | Record Date | | Pay Date | | $ / Share | | Ordinary Income | | Short Term Gains | | Long Term Gains | | Return of Capital |
| 3/20/2009 | | 3/24/2009 | | 3/31/2009 | | 0.01948 | | 0.01948 | | N.A. | | N.A. | | N.A. |
| 12/19/2008 | | 12/23/2008 | | 12/31/2008 | | 0.15013 | | 0.15013 | | N.A. | | N.A. | | N.A. |
| 9/19/2008 | | 9/23/2008 | | 9/30/2008 | | 0.05908 | | 0.05908 | | N.A. | | N.A. | | N.A. |
| 6/20/2008 | | 6/24/2008 | | 6/30/2008 | | 0.00222 | | 0.00222 | | N.A. | | N.A. | | N.A. |
|
| |
| Distribution Information |
|
Fund Holdings subject to change |
|
|
PowerShares Dynamic Large Cap Growth Portfolio |
|
16.17% |
|
|
PowerShares Dynamic Large Cap Value Portfolio |
|
14.61% |
|
|
PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio |
|
8.23% |
|
|
Vanguard ETF Emerging Markets |
|
4.82% |
|
|
Vanguard ETF European |
|
4.76% |
|
|
As of 11/20/2009 |
|
|
|
|
|
| |
|
iShares S&P Europe 350 Index Fund |
|
4.62% |
|
|
Vanguard Europe Pacific ETF |
|
4.54% |
|
|
iShares MSCI EAFE Index Fund |
|
4.54% |
|
|
PowerShares Dynamic Mid Cap Portfolio |
|
4.53% |
|
|
PowerShares Dynamic Mid Cap Value Portfolio |
|
4.53% |
|
|
|
| | |
As of 11/20/2009
The Fund pursues its investment objective by investing its assets in the underlying ETFs rather than investing directly in stocks, bonds, cash or other
investments. The Fund's investment performance,
because it is a fund of funds, depends on the
investment performance of the underlying ETFs in
which it invests. An investment in the Fund is subject to the risks associated with the underlying ETFs
that comprise the underlying Index. The Fund will
indirectly pay a proportional share of the asset-based
fees of the underlying ETFs in which it invests. There
is a risk that New Frontier Advisors' evaluations
and assumptions regarding the broad asset classes
represented in the underlying Index may be incorrect
based on actual market conditions. In addition, at
times the segments of the market represented
by constituent underlying ETFs in the Underlying
Index may be out of favor and underperform other
segments. Investment in Underlying ETFs may
subject the Fund to the following risks: Market Risk;
Non-Correlation Risk; Replication Management Risk;
Equity Securities Risk; Fixed-Income Securities
Risk; Zero Coupon Securities Risk; Mortgage-Backed
Securities Risk; Small and Medium-Sized Company
Risk; Large-Sized Company Risk; Value Investing
Style Risk; Growth Investing Risk; Foreign Securities
Risk; Developing Markets Securities Risk; Emerging
Markets Securities and Commodities Risk, among
others. The PowerShares Autonomic Growth NFA Global
Asset Portfolio's return may not match the return of the Index, as outlined in the prospectus. For actual Fund performance, please contact your financial advisor.
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 Autonomic Growth NFA Global
Asset Portfolio will fluctuate so that shares, when sold, may be worth more or less than their original cost.
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 American Stock Exchange, and it 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 Index or the trading of the Fund's shares.
The S&P 500® Index is an unmanaged index considered
representative of the U.S. stock market.
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® is a registered trademark of Invesco PowerShares Capital Management LLC.
PowerShares ETFs are not sponsored, endorsed,
sold, or promoted by New Frontier Advisors, LLC
(NFA). NFA makes no representation or warranty,
express or implied, to the owners of PowerShares
ETFs or any member of the public regarding the
advisability of investment in securities generally,
or in PowerShares ETFs particularly, or the ability
of the NFA indices to track global economic
growth. NFA expressly disclaims all warranties
of merchantability and fitness for a particular
purpose with respect to the NFA Global Dynamic
Indices and any data included therein. NFA's only
relationship to PowerShares is the licensing of the
NFA Global Dynamic Indices, which is determined
and composed by NFA and calculated by the
American Stock Exchange.
Invesco PowerShares Capital Management LLC., Invesco Aim Distributors, Inc. and Invesco Institutional (N.A.), Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.
An investor should consider the Fund's investment objective, risks, charges and expenses carefully before investing. For this and more complete information about the Fund call 800.983.0903 or click here for a prospectus. Please read the prospectus carefully before investing.
For more information regarding PowerShares Autonomic Growth NFA Global
Asset Portfolio or any of the Invesco PowerShares products, please call 800.983.0903.
