Powershares S&p Smallcap Materials Portfolio ETF Company Profile

Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P SmallCap 600® Capped Materials Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks of small capitalization U.S. basic materials companies that comprise the underlying index. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The fund is non-diversified.