PowerShares ETFs

IPKW - PowerShares International BuyBack Achievers™ Portfolio

Equity - International and Global Equity

Product Details

The PowerShares International BuyBack AchieversTM Portfolio (Fund) is based on the NASDAQ International BuyBack AchieversTM 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 common stocks of foreign companies that meet the requirements to be classified as BuyBack AchieversTM. The NASDAQ International BuyBack Achievers Index is comprised of securities issued by corporations that have effected a net reduction in shares outstanding of 5% or more in its latest fiscal year. The Fund and the Index are reconstituted annually in July and rebalanced quarterly in January, April, July and October.

as of 09/30/2017

Morningstar Rating

Overall Rating - Foreign Large Blend Category

As of 09/30/2017 the Fund had an overall rating of 5 stars out of 598 funds and was rated 5 stars out of 598 funds, N/A stars out of N/A funds and N/A stars out of N/A funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2017 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.

as of 09/30/2017 09/30/2017

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
NASDAQ International BuyBack Achievers Index 22.87 24.58 14.41 N/A N/A 12.24
MSCI ACWorld Ex-U.S. Index 21.13 19.61 4.70 6.97 1.28 4.02
NASDAQ International BuyBack Achievers Index 22.87 24.58 14.41 N/A N/A 12.24
MSCI ACWorld Ex-U.S. Index 21.13 19.61 4.70 6.97 1.28 4.02
Fund History (%)
Fund NAV 22.56 23.74 13.53 N/A N/A 11.40
After Tax Held 22.38 23.34 13.15 N/A N/A 11.03
After Tax Sold 12.77 13.64 10.58 N/A N/A 8.92
Fund Market Price 22.96 23.35 13.56 N/A N/A 11.31
Fund NAV 22.56 23.74 13.53 N/A N/A 11.40
After Tax Held 22.38 23.34 13.15 N/A N/A 11.03
After Tax Sold 12.77 13.64 10.58 N/A N/A 8.92
Fund Market Price 22.96 23.35 13.56 N/A N/A 11.31

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 applicable 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 09/30/2017

Growth of $10,000

Data beginning Fund inception and ending 09/30/2017. 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 10/20/2017

Sector Allocation

as of 10/20/2017

Top Country Allocation

as of 10/20/2017 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
DOL Dollarama Inc 5.45
QAN Qantas Airways Ltd 5.30
VIV FP Vivendi SA 5.14
9984 SoftBank Group Corp 5.06
GIL Gildan Activewear Inc 4.82
CCL LN Carnival PLC 4.61
7201 Nissan Motor Co Ltd 4.45
OSR OSRAM Licht AG 4.37
GC Great Canadian Gaming Corp 3.09
TOP DC Topdanmark A/S 3.00

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/18/2017 09/19/2017 09/29/2017 0.02373 0.02373 - - -
06/16/2017 06/20/2017 06/30/2017 0.08815 0.08815 - - -
12/16/2016 12/20/2016 12/30/2016 0.26685 0.26685 - - -
09/16/2016 09/20/2016 09/30/2016 0.10777 0.10777 - - -
06/17/2016 06/21/2016 06/30/2016 0.42220 0.42220 - - -
03/18/2016 03/22/2016 03/31/2016 - - - - -
12/18/2015 12/22/2015 12/31/2015 0.18272 0.18272 - - -
09/18/2015 09/22/2015 09/30/2015 - - - - -
06/19/2015 06/23/2015 06/30/2015 0.15722 0.15722 - - -
03/20/2015 03/24/2015 03/31/2015 - - - - -
12/19/2014 12/23/2014 12/31/2014 0.12940 0.12940 - - -
09/19/2014 09/23/2014 09/30/2014 0.02026 0.02026 - - -
06/20/2014 06/24/2014 06/30/2014 0.19906 0.19906 - - -

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%
09/30/2017 63 19 25 9 0 0 0
06/30/2017 63 17 26 10 1 0 0
03/31/2017 62 23 17 14 2 0 0
12/31/2016 63 14 19 18 0 0 0
Year Ended 2016 252 61 51 46 5 0 0
    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%
09/30/2017 63 7 3 0 0 0 0
06/30/2017 63 7 2 0 0 0 0
03/31/2017 62 4 1 1 0 0 0
12/31/2016 63 9 2 0 1 0 0
Year Ended 2016 252 54 19 13 3 0 0

Fund Inception: 02/27/2014

 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.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The MSCI ACWorld Ex-U.S. Index is an index considered representative of stock markets of developed and emerging markets, with the exception of US-based companies. 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.

NASDAQ® is a registered trademark of The NASDAQ OMX Group, Inc. and Buyback Achievers is a trademark of Mergent, Inc. The marks are licensed for use by Invesco PowerShares Capital Management LLC in connection with the PowerShares International BuyBack Achievers Portfolio. The Fund is not sponsored or endorsed by The NASDAQ OMX Group, Inc. or Mergent Inc. and neither The NASDAQ OMX Group, Inc. nor Mergent, Inc. makes any warranty or any representation as to the accuracy and/or completeness of the Index or results to be obtained by any person from use of the Index or trading of the ETF.

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 10/20/2017
4:00 PM EST

IPKW
Intraday Stats

  • Last Trade $35.36
  • Current IIV $35.36
  • Change -$0.06
  • % Change -0.17%
as of 10/20/2017
  • NAV at market close $35.23

as of 10/20/2017

Fund Yield

  • SEC 30 Day Yield 0.83%
  • Distribution Rate 0.27%
  • 12 Month Distribution Rate 1.08%
  • 30-Day SEC Unsubsidized Yield
    as of 10/19/2017
    0.83%
as of 10/20/2017

Prior Close

  • Closing Price $35.42
  • Bid/Ask Midpoint $35.34
  • Bid/Ask Prem/Disc $0.11
  • Bid/Ask Prem/Disc 0.31%
as of 09/30/2017

Fund Characteristics

  • Price/Earnings Ratio1 14.55
  • Price/Book Ratio1 1.65
  • ROE2 38.47%
  • Avg Market Cap2 $13,258MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker IPKW
  • CUSIP # 73937B621
  • ISIN US73937B6213
  • Intraday NAV IPKWIV
  • Index Ticker DRBXUSN
  • Index Provider NASDAQ OMX Group, Inc.
  • Management Fee 0.55%
  • Total Expense Ratio 0.55%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NASDAQ
  • Inception Date 02/27/2014
  • # of Holdings 55
    as of 10/20/2017
as of 10/20/2017

Quick Facts

  • Previous Close $35.42
  • Open $35.38
  • Today's High $35.38
  • Today's Low $35.28
  • Today's Volume 23,572
  • 30,934 30-Day Avg Trading
    Volume
  • 52 Week High $35.60
  • 52 Week Low $26.77
  • Shares Outstanding 5.55MM
  • Market Value $195.5MM