PowerShares ETFs

PSMG - PowerShares Growth Multi-Asset Allocation Portfolio

Balanced - Target Risk

Product Details

The PowerShares Growth Multi-Asset Allocation Portfolio (the "Fund") is an actively managed exchange-traded fund (ETF) that seeks to provide long-term capital appreciation by allocating through a growth investment style that seeks to maximize diversification potential. The Fund is a "fund of funds," meaning that it invests its assets in the shares of other exchange-traded funds, rather than in securities of individual companies. The Fund's target allocation of total assets: 60% to 80% in equity ETFs, 20% to 40% in fixed income ETFs and 20% to 30% in underlying ETFs that invest in foreign stocks and bonds as well as American depositary receipts (ADRs) and global depositary receipts (GDRs). Invesco Advisers Inc., the sub-adviser to the Fund (Sub-Adviser), selects investments based on quantitative and qualitative criteria to strategically allocate across broad asset classes and factors within those classes.

as of 08/31/2017 06/30/2017


  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Custom PowerShares Growth Allocation Index 9.59 14.73 4.45 8.92 4.11 4.34
Custom PowerShares Growth Allocation Index 12.67 13.61 5.09 8.85 4.51 7.29
Fund History (%)
Fund NAV N/A N/A N/A N/A N/A 3.68
After Tax Held N/A N/A N/A N/A N/A 3.58
After Tax Sold N/A N/A N/A N/A N/A 2.08
Fund Market Price N/A N/A N/A N/A N/A 3.84
Fund NAV N/A N/A N/A N/A N/A 6.17
After Tax Held N/A N/A N/A N/A N/A 6.06
After Tax Sold N/A N/A N/A N/A N/A 3.49
Fund Market Price N/A N/A N/A N/A N/A 6.32

This is a new Fund and has no full-year Fund performance to report as of most recent quarter end.

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 09/21/2017

Market Cap & Style Allocations

Large-Cap Value 26.21%
Large-Cap Blend 22.11%
Large-Cap Growth 21.37%
Mid-Cap Value 7.77%
Mid-Cap Blend 5.30%
Mid-Cap Growth 3.84%
Small-Cap Value 5.36%
Small-Cap Blend 4.82%
Small-Cap Growth 3.21%

as of 09/22/2017 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
PRF Powershares FTSE RAFI US 1000 Portfolio 18.55
PXLG PowerShares Russell Top 200 Pure Growth Portfolio 12.43
SPLV PowerShares S&P 500 Low Volatility Portfolio 11.98
PXF PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio 11.57
LDRI PowerShares LadderRite 0-5 Year Corporate Bond Portfolio 8.22
IDLV PowerShares S&P International Developed Low Volatility Portf 6.97
PRFZ PowerShares FTSE RAFI US 1500 Small-Mid Portfolio 6.56
PFIG PowerShares Fundamental Investment Grade Corporate Bond Port 5.27
PLW PowerShares 1-30 Laddered Treasury Portfolio 3.99
PXH PowerShares FTSE RAFI Emerging Markets Portfolio 3.46

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/18/2017 09/19/2017 09/29/2017 0.07799 0.07799 - - -
06/16/2017 06/20/2017 06/30/2017 0.02909 0.02909 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Days 0.00-
06/30/2017 63 54 0 0 0 0 0
03/31/2017 27 21 1 0 0 0 0
    Bid/Ask Midpoint Below NAV
Days 0.00-
06/30/2017 63 9 0 0 0 0 0
03/31/2017 27 5 0 0 0 0 0

Fund Inception: 02/23/2017

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

The Custom PowerShares Growth Allocation Index consists of 80% MSCI All Country World Index and 20% Bloomberg Barclays US Aggregate Index. An investment cannot be made in an index.

The MSCI All Country World Index (MSCI ACWI) is a free float-adjusted market capitalization index that is designed to measure equity market performance of developed and emerging markets. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

The Bloomberg Barclays US Aggregate Index is an unmanaged index considered representative of the US investment-grade, fixed-rate bond market.

There are risks involved with investing in ETFs, including possible loss of money. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the 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.

The Fund is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds and certain factors may cause the Fund to withdraw its investments therein at a disadvantageous time.

The investment techniques and risk analysis used by the portfolio managers may not produce the desired results.

The Fund typically will hold a small number of positions (approximately 10-20 Underlying ETFs). To the extent that a significant portion of the Fund’s total assets is invested in a limited number of holdings, the appreciation or depreciation of any one Underlying ETF may have a greater impact on the Fund’s NAV than it would if the Fund held a greater number of constituents.

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

Debt securities are affected by changing interest rates and changes in their effective maturities and credit quality.

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

as of 09/25/2017
4:15 PM EST

Intraday Stats

  • Last Trade $13.44
  • Current IIV $13.29
  • Change $0.09
  • % Change 0.70%
as of 09/22/2017
  • NAV at market close $13.31

as of 09/22/2017

Fund Yield

  • SEC 30 Day Yield 2.04%
  • Distribution Rate 7.03%
  • 30-Day SEC Unsubsidized Yield
    as of 09/22/2017
as of 09/22/2017

Prior Close

  • Closing Price $13.35
  • Bid/Ask Midpoint $13.33
  • Bid/Ask Prem/Disc $0.02
  • Bid/Ask Prem/Disc 0.15%

Fund Details

  • Fund Ticker PSMG
  • CUSIP # 73935B813
  • ISIN US73935B8138
  • Intraday NAV PSMGIV
  • Management Fee 0.05%
  • Acquired Fund Fees & Expenses 0.34%
  • Total Expense Ratio 0.39%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange BATS
  • Inception Date 02/23/2017
  • # of Holdings 14
    as of 09/22/2017
as of 09/25/2017

Quick Facts

  • Previous Close $13.35
  • Open $13.44
  • Today's High $13.44
  • Today's Low $13.44
  • Today's Volume 925
  • 327 30-Day Avg Trading
  • 52 Week High $13.48
  • 52 Week Low $12.40
  • Shares Outstanding .10MM
  • Market Value $1.3MM