Invesco PowerShares Leading the Intelligent ETF Revolution(r)
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Sub-Adviser. Invesco Advisers, Inc.

Objective. High total return through growth of capital and current income.

Portfolio. Generally invests in securities of companies that are principally engaged in the U.S. Real Estate industry and included within the FTSE NAREIT Equity REITs Index.

Universe. The PowerShares Active U.S. Real Estate Fund (Fund) structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk. The Fund will invest principally in equity real estate investment trusts (REITs).

Go to:   Performance | Distributions | Top Holdings | Sectors
Literature:  Prospectus | Fact Sheet | Investor Guide
Links:   Fund Holdings | Interactive Charting | Download Historical NAVs

Date   9/1/2010  
Price   42.76  
Bid/Ask Midpoint   43.18  
 
NAV   43.21  
Bid/Ask Prem/Disc   -0.04  
Bid/Ask Prem/Disc   -0.09%  

 As of 6/30/2010
Index History (%)1 Year3 Year5 Year10 YearFund Inceptiona
FTSE NAREIT Equity REITs Index53.90-9.000.209.8633.10
S&P 500 Index14.43-9.80-0.79-1.5911.80
Fund History (%)1 Year3 Year5 Year10 YearFund Inceptiona
NAV52.9353.32
After Tax Held51.9652.12
After Tax Sold34.3845.34
Market Price53.1754.00
aFund returns are based on the inception date of the Fund. Returns for the benchmark indexes are based on the closest month end to the Fund's inception date.
Monthly Standardized Report


As stated in the Fund's prospectus, the expense ratio of 0.80% is expressed as a unitary fee to cover expenses incurred in connection with managing the portfolio.


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.


 As of 6/30/2010
Data beginning 11/30/2008, the month end following Fund inception
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the indexes. Index returns do not represent Fund returns. The indexes do not charge management fees or brokerage expenses, nor do the indexes lend securities, and no revenues from securities lending were added to the performance shown.

  Bid/Ask MidPoint Above NAV Bid/Ask Midpoint Below NAV
Quarter Days 50-99
Basis Points
100-199
Basis Points
H200
Basis Points
50-99
Basis Points
100-199
Basis Points
H200
Basis Points
6/30/2010 63 0 0 0 0 0 0
3/31/2010 61 0 0 0 0 0 0
12/31/2009 64 1 2 0 1 0 0
9/30/2009 63 1 2 14 0 0 0
Fund Inception: 11/20/2008

Ex-DateRecord DatePay Date$ / ShareOrdinary IncomeShort Term GainsLong Term GainsReturn of Capital
6/18/20106/22/20106/30/20100.102800.10280N.A.N.A.N.A.
3/19/20103/23/20103/31/20100.088760.08876N.A.N.A.N.A.
12/18/200912/22/200912/31/20090.404630.40463N.A.N.A.N.A.
9/18/20099/22/20099/30/20090.087510.08751N.A.N.A.N.A.
6/19/20096/23/20096/30/20090.085000.08500N.A.N.A.N.A.
3/20/20093/24/20093/31/20090.057720.05772N.A.N.A.N.A.
12/19/200812/23/200812/31/20080.352380.35238N.A.N.A.N.A.
 
Distribution Information


Multi-Cap Core Style Fund
Large-Cap Growth 18.31
Large-Cap Value 16.44
Mid-Cap Growth 27.09
Mid-Cap Value 26.07
Small-Cap Growth 3.68
Small-Cap Value 7.57
Unclassified style data 0.85
As of 9/1/2010



Fund Holdings subject to change  
Simon Property Group Inc.   12.62%  
Equity Residential   6.54%  
Public Storage   6.23%  
Boston Properties Inc.   5.69%  
Host Hotels & Resorts Inc.   4.35%  
As of 9/1/2010    
 
 
AvalonBay Communities Inc.   4.31%  
Ventas Inc.   3.99%  
Vornado Realty Trust   3.67%  
Health Care REIT Inc.   2.79%  
Plum Creek Timber Company Inc.   2.79%  

View All Fund Holdings




As of 9/1/2010



There are risks involved with investing in ETFs, including possible loss of money. Unlike conventional ETFs, the Fund is not an index fund. Therefore, the Fund does not necessarily seek to replicate the performance of a specified index. The Fund is subject to risk similar to stocks, including those related to short selling and margin maintenance. Ordinary broker commissions apply.

The Fund is subject to management risk because it is an actively managed portfolio. There can be no guarantee that the investment techniques and risk analyses used by the Sub-Adviser or portfolio managers will produce the desired results.

The prices of and income generated by securities held by the Fund may decline in response to certain events, including those directly involving the companies whose securities are owned by the Fund, general economic and market conditions, and currency and interest rate fluctuations.

The risks associated with the real estate industry in general include fluctuations in the value of underlying properties; defaults by borrowers or tenants; market saturation; changes in general and local economic conditions; decreases in market rates for rents; increases in competition, property taxes, capital expenditures, or operating expenses; and other economic, political or regulatory occurrences affecting the real estate industry. The REITs are subject to risks inherent in the direct ownership of real estate. These risks include, but are not limited to, the risk of a possible lack of mortgage funds and associated interest rate risks, overbuilding, property vacancies, increases in property taxes and operating expenses, changes in zoning laws, losses due to environmental damages and changes in neighborhood values and appeal to purchases. REITs are also subject to the risk that the real estate market may experience an economic downturn generally, which may have a material effect on the real estate in which the REITs invest and their underlying portfolio securities.

The Fund is subject to equity risk, which is the risk that the value of the securities held by the Fund will fall due to general market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate or factors relating to specific companies in which the Fund invests.

Investing in securities of small and medium-capitalization companies involves greater risk than is customarily associated with investing in larger, more established companies.

The Fund is non-diversified, which increases the risk that the value of the fund's shares may vary more widely, and the fund may be subject to greater investment and credit risk than if it invested more broadly.

Because the Fund concentrates its investments in companies that are principally engaged in the real estate industry, the value of the Fund's shares may rise and fall more than the value of shares of a fund that invests in a broader range of companies.

Investments in REITs and real estate companies are generally subject to greater risks such as legal and other restrictions on resale and are otherwise less liquid than publicly traded securities.

The FTSE NAREIT Equity REITs Index is an unmanaged index considered representative of U.S. REITs.

Shares are not individually redeemable and owners of the Shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Units only, typically consisting of aggregations of 50,000 shares.

The S&P 500® Index is an unmanaged index considered representative of the U.S. stock market. Except where indicated otherwise, all information is as of date noted, and Invesco PowerShares Capital Management LLC is either the source of such data or has obtained it from third-party financial reporting sources.

Invesco Advisers, Inc. is the investment sub-adviser; it provides investment sub-advisory services to individual and institutional clients and does not sell securities. Invesco Advisers, Inc. is an indirect, wholly owned subsidiary of Invesco Ltd.

For more information regarding PowerShares Active U.S. Real Estate Fund or any of the PowerShares products, please call 800.983.0903.

As of 9/2/2010 10:02 AM EST
Last Trade $43.38
Current IIV $43.58
Change 0.62
% Change 1.45%
As of 9/1/2010
Market Close
NAV 43.21
As of 9/1/2010
SEC 30 Day Yield 2.89%
Distribution Yield 0.95%
12 Month Yield 1.58%
As of 9/2/2010
Previous Close $42.76
Open $43.33
Today's High $43.40
Today's Low $43.33
Today's Volume 767
52 Week High $44.60
52 Week Low $30.14
Shares Outstanding 0.4MM
Market Value $15.1MM
Fund Ticker PSR
CUSIP # 73935B508
ISIN US73935B5084
Intraday NAV PSR.IV
Expense Ratio 0.80%
Marginable Yes
Short Selling Yes
Options No
Exchange NYSE Arca
Inception Date 11/20/2008
# of Holdings
as of 9/1/2010
51
1 year | 3 year | YTD
Interactive Charting
As of 6/30/2010
Price/Earnings Ratio¹ 36.73
Price/Book Ratio¹ 1.91
ROE² 3.14%
Avg Market Cap² 8,465MM
¹Weighted Harmonic Average
²Weighted Average
Calculation of the premium or discount of the Bid/Ask Midpoint price at the time of calculation of the NAV against such NAV.
The Intraday Indicative Value for an ETF is typically published under a seperate symbol every 15 seconds over the Consolidated Tape and calculated throughout the trading day based on the last sale prices of the securities specified for creation and redemption plus any estimated cash amounts associated with the creation unit, all on a per-ETF share basis.
A standard yield calculation developed by the Securities and Exchange Commission that allows for a common ground comparison of yield performance. It is based on the most recent 30-day period. It is calculated by dividing the net investment income (less expenses) per share over a 30-day period by the current maximum offering price.
The yield represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as of date. N/A will be displayed if the fund did not make a distribution in the most recent quarter.
The sum of a fund's total trailing 12-month interest and dividend payments divided by the last month's ending share price (NAV) plus any capital gains distributed over the same period.
For a description of the application of the Expense Cap and the Gross Ratio and Net Ratio please see the Fund's current prospectus.
Provides the total gross annual fund operating expenses per the Fund's current prospectus.
Provides the expected expense ratio charged to shareholders per the Fund's current prospectus and reflects the investment advisor's contractual agreement to waive a portion of its fees and/or pay Fund expenses at least until 9/2/2010.
The share price divided by earnings per share.
The price per share divided by accounting book value per share.
Net income divided by net worth.
The average market value of a company's outstanding securities, excluding current liabilities. Under $3.5 billion is generally considered small cap; $3.5 billion to $9 billion is mid cap; and over $9 billion is large cap.
The sum of each holding's price multiplied by its weight.
A method of calculating an average value that lessens the impact of large outliers and increases the impact of small ones.
This number indicates the number of trading days represented within the most recent quarter displayed.
New lower expenses. Click icon for more information.
A measure of a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for bond with embedded options.
A measure of a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for option-free bonds.
The amount by which a CEF's market price is greater or less than its NAV, expressed as a percent of NAV.
The lowest of all yield to calls or the yield to maturity.
The annualized rate of return on a bond held to maturity.
©2010 Invesco PowerShares Capital Management LLC
PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares Capital Management LLC and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.
Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust, the PowerShares Exchange-Traded Fund Trust II, the PowerShares India Exchange-Traded Fund Trust and the PowerShares Actively Managed Exchange-Traded Fund Trust.
Investment products offered are: Not FDIC Insured  • No Bank Guarantee  • May Lose Value
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