The PowerShares DWA Emerging Markets Technical Leaders Portfolio (Ticker: Pie) seeks investment results that correspond generally to the performance, before fees and expenses, of the Dorsey Wright Emerging Markets Technical Leaders Index. The index includes companies selected pursuant to a proprietary methodology of Dorsey Wright designed to identify companies that demonstrate powerful relative strength characteristics and are listed on non-U.S. exchanges in emerging economies. The 1,000 largest stocks (by market capitalization) listed on non-U.S. exchanges from emerging economies are ranked using a proprietary relative strength methodology. The methodology takes into account, among other things, the performance of each of the 1,000 companies in the eligible universe as compared to a benchmark index and the relative performance of industry sectors and sub-sectors. Approximately 100 of these stocks are selected for inclusion in the index. Stocks that are selected receive a modified equal weighting. The index is reconstituted and rebalanced quarterly.