Invesco PowerShares Expands Smart Beta Fixed Income Lineup With Laddered Corporate Bond Portfolio (LDRI) - Seite 4

LDRI
The Fund will invest in bonds with short- or immediate term (five years or less) maturity. Short-term and immediate-term maturity may have additional risks, including interest rate changes over the life of a bond. The average maturity of the Fund's investments will affect the volatility of the Fund's share price.

Financial information related to securities of non-US issuers may be less reliable than information related to securities of US issuers, which may make it difficult to obtain a current price for a non-US security held by the Fund.

BKLN
Investments in loans are subject to interest rate risk and credit risk. There is no organized exchange on which loans are traded and reliable market quotations may not be readily available.

When-issued and delayed delivery transactions are subject to market risk, as the value or yield of a security at delivery may be more or less than the purchase price or the yield generally available on securities when delivery occurs and also subjects the fund to counterparty risk.

The fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

Investments in senior loans typically are below investment grade and are considered speculative because of the credit risk of their issuers.

The ability of the borrower of a loan to repay principal prior to maturity can limit the potential for gains by the Fund.

The Fund currently intends to effect creations and redemptions principally for cash, rather than principally in-kind because of the nature of the Fund's investments. As such, investments in the Fund may be less tax efficient than investments in ETFs that create and redeem in-kind.

DSUM
The Fund invests at least 80% of its assets in Chinese RMB-denominated bonds issued and settled outside of mainland China. Because the Fund's net asset value (NAV) is determined in US dollars, the NAV could decline if the currency of the non-US market in which the Fund invests depreciates against the US dollar, even if the value of the Fund's holdings increases, as measured in the foreign currency, including securities denominated in the Chinese RMB. In addition, if the Chinese currencies, the RMB, which is traded in mainland China and the Yuan, which is traded offshore (traded as "CNH" in Hong Kong), diverge in value, that divergence could negatively impact the Fund.