PowerShares ETFs

PIZ - PowerShares DWA Developed Markets Momentum Portfolio

Equity - International and Global Equity

Product Details

The PowerShares DWA Developed Markets Momentum Portfolio (Fund) is based on the Dorsey Wright® Developed Markets Technical Leaders Index (DWA Developed Markets Technical Leaders Index). The Fund will normally invest at least 90% of its total assets in securities of developed 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. This Index includes approximately 100 companies from the NASDAQ Developed Markets Ex United States Index that possess powerful relative strength characteristics and are domiciled in developed markets including, but not limited to Australia, Canada, Finland, France, Germany, Hong Kong, Italy, Japan, Norway, Portugal, Singapore, Spain and Switzerland. 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 08/31/2016 06/30/2016

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
DWA Developed Markets Technical Leaders Index -3.83 -2.52 5.70 3.70 N/A 1.63
MSCI EAFE Index -4.42 -10.16 2.06 1.68 1.58 -1.01
Dorsey Wright Developed Markets Technical Leaders Index -0.81 3.14 4.63 6.55 N/A 1.96
MSCI EAFE Index 0.49 -0.12 2.47 5.00 1.71 -0.42
Fund History (%)
Fund NAV -4.05 -4.25 4.60 2.56 N/A 0.62
After Tax Held -4.49 -4.73 3.93 2.05 N/A 0.33
After Tax Sold -2.29 -2.31 3.41 1.96 N/A 0.55
Fund Market Price -3.23 -3.39 4.60 2.49 N/A 0.60
Fund NAV -1.13 2.55 3.55 5.40 N/A 0.95
After Tax Held -1.58 2.04 2.89 4.87 N/A 0.67
After Tax Sold -0.65 1.54 2.58 4.19 N/A 0.80
Fund Market Price -0.72 2.82 3.53 5.41 N/A 0.88

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 06/30/2016

Growth of $10,000

Data beginning Fund inception and ending 06/30/2016. 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 09/28/2016

Sector Allocation

as of 09/28/2016

Top Country Allocation

as of 09/27/2016

Market Cap & Style Allocations

Large-Cap Value 10.16%
Large-Cap Blend 14.14%
Large-Cap Growth 46.08%
Mid-Cap Value 5.49%
Mid-Cap Blend 12.79%
Mid-Cap Growth 11.35%
Small-Cap Value -
Small-Cap Blend -
Small-Cap Growth -

Quality Allocations as of 09/28/2016

S&P Moody's
BB : 1% Ba : 0%

as of 09/28/2016 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
RHC Ramsay Health Care Ltd 3.46
KNEBV FH Kone OYJ 3.21
EXPN LN Experian PLC 2.86
JM SP Jardine Matheson Holdings Ltd 2.72
FHZN SW Flughafen Zuerich AG 2.54
AIA Auckland International Airport Ltd 2.39
WRT1V FH Wartsila OYJ Abp 2.36
HPOLB SS Hexpol AB 2.31
CSU Constellation Software Inc/Canada 2.25
GEN DC Genmab A/S 2.19

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/16/2016 09/20/2016 09/30/2016 0.06420 0.06420 - - -
06/17/2016 06/21/2016 06/30/2016 0.24105 0.24105 - - -
03/18/2016 03/22/2016 03/31/2016 - - - - -
12/18/2015 12/22/2015 12/31/2015 0.07971 0.07971 - - -
09/18/2015 09/22/2015 09/30/2015 - - - - -
06/19/2015 06/23/2015 06/30/2015 0.17758 0.17758 - - -
03/20/2015 03/24/2015 03/31/2015 - - - - -
12/19/2014 12/23/2014 12/31/2014 0.07493 0.07493 - - -
09/19/2014 09/23/2014 09/30/2014 0.09888 0.09888 - - -
06/20/2014 06/24/2014 06/30/2014 0.19949 0.19949 - - -
03/21/2014 03/25/2014 03/31/2014 0.01325 0.01325 - - -
12/20/2013 12/24/2013 12/31/2013 0.53383 0.53383 - - -
09/20/2013 09/24/2013 09/30/2013 0.13284 0.13284 - - -
06/21/2013 06/25/2013 06/28/2013 0.07365 0.07365 - - -
03/15/2013 03/19/2013 03/28/2013 0.00524 0.00524 - - -
12/21/2012 12/26/2012 12/31/2012 0.08157 0.08157 - - -
09/21/2012 09/25/2012 09/28/2012 0.03978 0.03978 - - -
06/15/2012 06/19/2012 06/29/2012 0.24236 0.24236 - - -
03/16/2012 03/20/2012 03/30/2012 0.03176 0.03176 - - -
12/16/2011 12/20/2011 12/30/2011 0.17051 0.17051 - - -
09/16/2011 09/20/2011 09/30/2011 0.27567 0.27567 - - -
06/17/2011 06/21/2011 06/30/2011 0.05973 0.05973 - - -
12/17/2010 12/21/2010 12/31/2010 0.04476 0.04476 - - -
06/18/2010 06/22/2010 06/30/2010 0.05115 0.05115 - - -
12/18/2009 12/22/2009 12/31/2009 0.38690 0.38690 - - -
12/19/2008 12/23/2008 12/31/2008 0.01655 0.01655 - - -
06/20/2008 06/24/2008 06/30/2008 0.27589 0.27589 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
06/30/2016 64 13 4 2 1 0 0
03/31/2016 61 13 4 6 1 0 0
12/31/2015 64 14 6 2 0 0 0
09/30/2015 64 15 5 1 0 0 0
Year Ended 2015 252 60 37 17 1 0 1
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
06/30/2016 64 20 11 12 1 0 0
03/31/2016 61 13 10 13 1 0 0
12/31/2015 64 21 9 12 0 0 0
09/30/2015 64 14 14 14 1 0 0
Year Ended 2015 252 58 37 40 1 0 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. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

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

The risks of investing in securities of foreign issuers, including emerging market issuers, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

The MSCI EAFE® Index is an unmanaged index considered representative of stocks of Europe, Australasia and the Far East. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The NASDAQ Developed Markets Ex United States Index is a float-adjusted market-capitalization-weighted index designed to track the performance of securities in countries, excluding the United States, which are designated as Developed Markets.

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

There is no relationship between Dorsey, Wright & Associates, LLC ("Dorsey Wright") and Invesco PowerShares ("PowerShares") other than a license by Dorsey Wright to PowerShares of certain Dorsey Wright trademarks, tradenames, investment models, and indexes (the "DWA IP"). DWA IP has been created and developed by Dorsey Wright without regard to and independently of PowerShares, and/or any prospective investor. The licensing of any DWA IP is not an offer to purchase or sell, or a solicitation of an offer to buy any securities. A determination that any portion of an investor's portfolio should be devoted to any ETF product developed by PowerShares or investment model developed by Dorsey Wright is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey Wright.

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 09/29/2016
3:59 PM EST

PIZ
Intraday Stats

  • Last Trade $23.44
  • Current IIV $23.62
  • Change -$0.29
  • % Change -1.22%
as of 09/28/2016
  • NAV at market close $23.57
as of 09/28/2016

Fund Yield

  • SEC 30 Day Yield 1.35%
  • Distribution Rate 1.09%
  • 12 Month Distribution Rate 1.63%
  • 30-Day SEC Unsubsidized Yield
    as of 09/28/2016
    N/A
as of 09/28/2016

Prior Close

  • Closing Price $23.73
  • Bid/Ask Midpoint $23.74
  • Bid/Ask Prem/Disc $0.17
  • Bid/Ask Prem/Disc 0.72%
as of 06/30/2016

Fund Characteristics

  • Price/Earnings Ratio1 19.97
  • Price/Book Ratio1 3.69
  • ROE2 48.00%
  • Avg Market Cap2 $20,933MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PIZ
  • CUSIP # 73936Q108
  • ISIN US73936Q1085
  • Intraday NAV PIZIV
  • Index Ticker DWADMNTR
  • Index Provider Dorsey, Wright & Associates, LLC
  • Management Fee 0.80%
  • Total Expense Ratio 0.81%
  • Marginable Yes
  • Short Selling Yes
  • Options Yes
  • Exchange NYSE Arca
  • Inception Date 12/28/2007
  • # of Holdings 99
    as of 09/28/2016
as of 09/29/2016

Quick Facts

  • Previous Close $23.73
  • Open $23.64
  • Today's High $23.70
  • Today's Low $23.39
  • Today's Volume 27,292
  • 40,848 30-Day Avg Trading
    Volume
  • 52 Week High $24.28
  • 52 Week Low $20.52
  • Shares Outstanding 7.80MM
  • Market Value $183.9MM