Exchange-Traded Funds (ETFs)

PIE - PowerShares DWA Emerging Markets Momentum Portfolio

Factor Driven - Broad-Based Momentum

Product Details

The PowerShares DWA Emerging Markets Momentum Portfolio (Fund) is based on the Dorsey Wright® Emerging Markets Technical Leaders Index (Index). The Fund will normally invest at least 90% of its total assets in securities of emerging economies within Dorsey Wright & Associates' classification definition, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) based on securities in the Index. The Index includes approximately 100 companies that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Brazil, Chile, China, India, Indonesia, Philippines, South Africa, Thailand and Turkey. The Index excludes US companies listed on a US stock exchange. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 12/31/2014 12/31/2014

Performance


   
as of 12/31/2014 12/31/2014
  YTD 1 Year 3 Year 5 Year 10 Year Fund Inception
Index History (%)
DWA Emerging Markets Technical Leaders Index -0.90 -0.90 5.10 6.56 N/A -0.56
MSCI Emerging Markets Index -2.19 -2.19 4.04 1.78 8.43 -1.35
Fund History (%)
Fund NAV -1.96 -1.96 4.35 4.59 N/A -4.16
After Tax Held -2.19 -2.19 4.27 4.56 N/A -4.20
After Tax Sold -1.11 -1.11 3.48 3.71 N/A -2.98
Fund Market Price -2.79 -2.79 4.16 4.47 N/A -4.36

Monthly Performance

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. Returns less than one year are cumulative.


as of 12/31/2014

Growth of $10,000

Data beginning Fund inception and ending 12/31/2014. Fund performance shown at NAV.

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.

as of 02/27/2015

Sector Allocation

as of 02/27/2015

Top Country Allocation

as of 02/26/2015

Market Cap & Style Allocations

Large-Cap Value 2.43%
Large-Cap Blend 16.27%
Large-Cap Growth 34.51%
Mid-Cap Value 10.72%
Mid-Cap Blend 11.53%
Mid-Cap Growth 21.06%
Small-Cap Value 0.72%
Small-Cap Blend -
Small-Cap Growth 2.77%

as of 02/27/2015 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
2333 Great Wall Motor Co Ltd 2.76
005610 Samlip General Foods Co Ltd 2.44
3658 Hermes Microvision Inc 2.25
URC Universal Robina Corp 2.20
DMC DMCI Holdings Inc 2.03
GRUMAB Gruma SAB de CV 1.94
086900 Medy-Tox Inc 1.93
CML Coronation Fund Managers Ltd 1.88
JGS JG Summit Holdings Inc 1.82
700 Tencent Holdings Ltd 1.48

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/19/2014 12/23/2014 12/31/2014 0.07809 0.07809 - - -
09/19/2014 09/23/2014 09/30/2014 0.01457 0.01457 - - -
12/20/2013 12/24/2013 12/31/2013 0.08996 0.08996 - - -
09/20/2013 09/24/2013 09/30/2013 0.08005 0.08005 - - -
06/21/2013 06/25/2013 06/28/2013 0.05321 0.05321 - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - -
12/21/2012 12/26/2012 12/31/2012 0.03065 0.03065 - - -
09/21/2012 09/25/2012 09/28/2012 0.00000 0.00000 - - -
06/15/2012 06/19/2012 06/29/2012 0.09586 0.09586 - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - -
12/16/2011 12/20/2011 12/30/2011 0.10228 0.10228 - - -
06/17/2011 06/21/2011 06/30/2011 0.02473 0.02473 - - -
12/17/2010 12/21/2010 12/31/2010 0.06171 0.06171 - - -
12/18/2009 12/22/2009 12/31/2009 0.10492 0.10492 - - -
06/20/2008 06/24/2008 06/30/2008 0.06339 0.06339 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.50-
0.99%
1.00-
1.99%
>2.00% 0.50-
0.99%
1.00-
1.99%
>2.00%
12/31/2014 64 2 0 0 18 8 0
09/30/2014 64 17 2 0 0 1 0
06/30/2014 63 10 3 0 0 0 0
03/31/2014 61 2 0 0 16 12 0
Year Ended 2014 252 31 5 0 34 21 0

Fund Inception: 12/28/2007

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.


 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

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.

Investments focused in a particular industry or sector, such as the industrials, basic materials and financial services sectors are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

American Depositary Receipts (ADRs) involve many of the same risks as those associated with direct investment in foreign securities. In addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are under no obligation to distribute shareholder communications to the holders of such receipts or to pass through to them any voting rights with respect to the deposited securities.

The fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

The dollar value of the fund's foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.

Global Depositary Receipts involve the same risks as those associated with ADRs. They are also subject to currency, political, economic and market risks because their values depend on the performance of non-dollar denominated underlying foreign securities.

A natural or other disaster could occur in a geographic region in which the Fund invests, which could adversely impact the Fund's investments in the affected region.

Investment in securities in emerging market countries involves risks not associated with investments in securities in developed countries.

Foreign securities have additional risks, including exchange-rate changes, decreased market liquidity, political instability and taxation by foreign governments.

Investing in securities of small and medium-sized companies may involve greater risk than is customarily associated with investing in large companies.

Equity risk is the risk that the value of equity securities, including common stocks, may fall due to both changes in general economic and political conditions that impact the market as a whole, as well as factors that directly relate to a specific company or its industry.

The MSCI Emerging Markets Index is an unmanaged index considered representative of stocks of developing countries. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

Dorsey Wright® and DWA® are registered trademarks of Dorsey, Wright & Associates, LLC that are licensed to Invesco PowerShares Capital Management LLC. This product is not sponsored, recommended, sold or promoted by Dorsey, Wright & Associates, LLC or any of its affiliates. Invesco PowerShares Capital Management LLC is not affiliated with any Dorsey Wright company.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

as of 02/27/2015
3:58 PM EST

PIE
Intraday Stats

  • Last Trade $18.48
  • Current IIV $18.41
  • Change $0.04
  • % Change 0.22%
as of 02/27/2015
  • NAV at market close $18.41
as of 02/27/2015

Fund Yield

  • SEC 30 Day Yield 0.86%
  • Distribution Yield 1.70%
  • 12 Month Yield 0.50%
  • 30-Day SEC Unsubsidized Yield
    as of 02/26/2015
    0.87%
as of 02/27/2015

Prior Close

  • Closing Price $18.44
  • Bid/Ask Midpoint $18.48
  • Bid/Ask Prem/Disc $0.07
  • Bid/Ask Prem/Disc 0.38%
as of 12/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 21.50
  • Price/Book Ratio1 3.46
  • ROE2 26.12%
  • Avg Market Cap2 $9,794MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PIE
  • CUSIP # 73936Q207
  • ISIN US73936Q2075
  • Intraday NAV PIEIV
  • Index Ticker DWAEMNTR
  • Index Provider Dorsey, Wright & Associates, LLC
  • Management Fee 0.90%
  • Total Expense Ratio 0.90%
  • Marginable Yes
  • Short Selling Yes
  • Options Yes
  • Exchange NYSE Arca
  • Inception Date 12/28/2007
  • # of Holdings 100
    as of 02/27/2015
as of 02/27/2015

Quick Facts

  • Previous Close $18.44
  • Open $18.47
  • Today's High $18.57
  • Today's Low $18.46
  • Today's Volume 81,514
  • 52 Week High $20.22
  • 52 Week Low $16.77
  • Shares Outstanding 15.90MM
  • Market Value $292.7MM