Exchange-Traded Funds (ETFs)

PXSG - PowerShares Fundamental Pure Small Growth Portfolio

Alternatively Weighted - Fundamentals Weighted Equity

Product Details

The PowerShares Fundamental Pure Small Growth Portfolio (Fund) is based on the RAFI® Fundamental Small Growth Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is comprised of common stocks of "small growth" US companies, including real estate investment trusts (REITs), from a universe comprised of the 2,500 largest US companies based on fundamental weight. The Fund and the Index are reconstituted annually.

On May 22, 2015, changes to the Fund's name, investment objective, investment policy, investment strategies, Index and index provider will be made. Frank Russell Company will replace Research Affiliates, LLC as the index provider for the Fund. The Index name will change from RAFI Fundamental Small Growth Index to Russell 2000 Pure Growth Index. The Fund name will change from PowerShares Fundamental Pure Small Growth Portfolio to PowerShares Russell 2000 Pure Growth Portfolio.

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 (%)
RAFI Fundamental Small Growth Index 4.86 4.86 17.01 N/A N/A N/A
Russell 2000 Growth Index 5.60 5.60 20.14 16.80 8.54 9.02
Fund History (%)
Fund NAV 4.54 4.54 16.59 14.67 N/A 5.39
After Tax Held 3.95 3.95 16.23 14.45 N/A 5.28
After Tax Sold 2.57 2.57 12.96 11.76 N/A 4.28
Fund Market Price 4.67 4.67 16.62 14.76 N/A 5.38

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.

RAFI Fundamental Small Growth Index* performance prior to 6/16/2011 reflects that of the original Underlying Index Dynamic Small Cap Growth Intellidex Index. From 6/16/2011, forward, the Index performance reflects that of the Underlying Index RAFI Fundamental Small Growth Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

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 03/31/2015

Sector Allocation

as of 03/31/2015 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
SWKS Skyworks Solutions Inc 2.55
RMD ResMed Inc 1.21
KRC Kilroy Realty Corp 1.09
COO Cooper Cos Inc/The 1.04
MSCI MSCI Inc 0.98
TWO Two Harbors Investment Corp 0.96
ITC ITC Holdings Corp 0.92
STWD Starwood Property Trust Inc 0.86
WCN Waste Connections Inc 0.86
OHI Omega Healthcare Investors Inc 0.85

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
03/20/2015 03/24/2015 03/31/2015 - - - - -
12/19/2014 12/23/2014 12/31/2014 0.17644 0.17644 - - -
06/20/2014 06/24/2014 06/30/2014 0.14755 0.14755 - - -
09/20/2013 09/24/2013 09/30/2013 0.12661 0.12661 - - -
06/21/2013 06/25/2013 06/28/2013 0.08810 0.08810 - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - -
12/21/2012 12/26/2012 12/31/2012 0.00000 0.00000 - - -
09/21/2012 09/25/2012 09/28/2012 0.00000 0.00000 - - -
06/15/2012 06/19/2012 06/29/2012 0.12512 0.12512 - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - -
12/18/2009 12/22/2009 12/31/2009 0.06665 0.06665 - - -
09/18/2009 09/22/2009 09/30/2009 0.00501 0.00501 - - -
06/19/2009 06/23/2009 06/30/2009 0.01601 0.01601 - - -

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 0 0 0 0 0 0
09/30/2014 64 0 0 0 0 0 0
06/30/2014 63 0 0 0 0 0 0
03/31/2014 61 0 0 0 0 0 1
Year Ended 2014 252 0 0 0 0 0 1

Fund Inception: 03/03/2005

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.

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

The market values of "growth" securities may be more volatile than other types of investments. The returns on "growth" securities may or may not move in tandem with the returns on other styles of investing or the overall stock market.

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

Although the Fund will not invest in real estate directly, the REITs in which the Fund will invest will be subject to risks inherent in the direct ownership of real estate.

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.

Securities lending involves a risk of loss because the borrower may fail to return the securities in a timely manner or at all. If a Fund is unable to recover the securities loaned, it may sell the collateral and purchase a replacement security in the market. Lending securities entails a risk of loss to the Funds if and to the extent that the market value of the loaned securities increases and the collateral is not increased accordingly.

The Russell 2000® Growth Index is an unmanaged index considered representative of small-cap growth stocks. The Russell 2000 Growth Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co. Dynamic Small Cap Growth IntellidexSM Index seeks to provide capital appreciation while maintaining consistent and accurate style exposure.

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

The RAFI Fundamental Small Growth Index is calculated by Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC ("CME Indexes"). "Dow Jones Indexes" is a service mark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The Index is not sponsored, endorsed, sold or promoted by CME Indexes, Dow Jones or their respective affiliates, and CME Indexes, Dow Jones and their respective affiliates make no representation regarding the advisability of investing in the Fund.

Neither CME Indexes nor Research Affiliates, LLC make any warranties, express or implied, to any of their customers nor anyone else regarding the accuracy or completeness of any data related to the Index. Neither CME Indexes nor Research Affiliates, LLC accept any liability for any errors or any loss arising from the use of this information.

The trade names Fundamental Index®, RAFI®, the RAFI logo, and the Research Affiliates corporate name and logo are registered trademarks and are the exclusive intellectual property of Research Affiliates, LLC. Any use of these trade names and logos without the prior written permission of Research Affiliates, LLC is expressly prohibited. Research Affiliates, LLC reserves the right to take any and all necessary action to preserve all of its rights, title and interest in and to these marks.

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 04/01/2015
3:00 PM EST

PXSG
Intraday Stats

  • Last Trade $25.46
  • Current IIV $25.55
  • Change -$0.18
  • % Change -0.69%
as of 03/31/2015
  • NAV at market close $25.62
as of 04/01/2015

Fund Yield

  • SEC 30 Day Yield 1.00%
  • 12 Month Yield 1.27%
  • 30-Day SEC Unsubsidized Yield
    as of 03/31/2015
    0.71%
as of 03/31/2015

Prior Close

  • Closing Price $25.64
  • Bid/Ask Midpoint $25.45
  • Bid/Ask Prem/Disc -$0.17
  • Bid/Ask Prem/Disc -0.66%
as of 12/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 23.81
  • Price/Book Ratio1 2.57
  • ROE2 11.81%
  • Avg Market Cap2 $3,833MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PXSG
  • CUSIP # 73935X872
  • ISIN US73935X8728
  • Intraday NAV PXSGIV
  • Index Ticker RAFISGTR
  • Index Provider Research Affiliates, LLC
  • Management Fee 0.29%
  • Acquired Fund Fees & Expenses 0.02%
  • Total Expense Ratio 0.72%
  • Fee Waiver 0.31%
  • Net Expense Ratio 0.41%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 03/03/2005
  • # of Holdings 412
    as of 03/31/2015
as of 04/01/2015

Quick Facts

  • Previous Close $25.64
  • Open $25.44
  • Today's High $25.55
  • Today's Low $25.43
  • Today's Volume 4,634
  • 52 Week High $26.04
  • 52 Week Low $21.25
  • Shares Outstanding 1.25MM
  • Market Value $32.0MM

Materials & Resources