The PowerShares DWA Developed Markets Technical Leaders Portfolio (Ticker: PZI) seeks investment results that correspond generally to the performance, before fees and expenses, of the Dorsey Wright Developed Markets Technical Leaders Index. The index includes companies selected pursuant to a proprietary methodology designed to identify companies that demonstrate powerful relative strength characteristics and are listed on non-U.S. exchanges in
countries with developed economies. The 1,000 largest stocks (by market capitalization) listed on non-U.S. exchanges from developed economies are ranked using a proprietary relative strength methodology. Companies domiciled in the U.S. that are traded on an exchange in a country with a developed
economy may be included in the index. 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.