PowerShares High Yld Eq Div Achiev ETF
Phone: 800-983-0903
Fund Summary
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the NASDAQ US Dividend AchieversTM 50 Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks of companies that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, The NASDAQ OMX Group, Inc. ("NASDAQ OMX" or the "index provider") includes common stocks in the underlying index that have a consistent record of dividend increases, principally on the basis of dividend yield and consistent growth in dividends.