PowerShares: Look Closer At Sector Momentum

October 16, 2015

Important information

The Dorsey Wright Sector 4 Index is designed to gain exposure to the strongest relative strength sectors in the U.S. through the universe of nine PowerShares DWA sector Momentum ETFs.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

The momentum style of investing is subject to the risk that the securities may be more volatile than the market as a whole, or that the returns on securities that have previously exhibited price momentum are less than returns on other styles of investing.

Equity risk is the risk that the value of equity securities, including common stocks, may fall due to both changes in general economic and political conditions that impact the market as a whole, as well as factors that directly relate to a specific company or its industry.

Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Obligations issued by U.S. government agencies and instrumentalities may receive varying levels of support from the government, which could affect the fund's ability to recover should they default. Fixed-income investments are subject to credit risk of the issuer and the effects of changing interest rates. Due to anticipated Federal Reserve Board policy changes, there is a risk that interest rates will rise in the near future.

The fund invests primarily in other funds; the fund's investment performance largely depends on the investment performance of those Underlying funds. An investment in the fund is subject to the risks associated with the PowerShares ETFs that comprise the underlying index.

Through its investments in the PowerShares ETFs, which each track a specific sector of the U.S. equity market, the fund also will face specific risks inherent in each of these sectors: basic materials sector, consumer discretionary sector, consumer staples sector, energy sector, financial services sector, health care sector, industrials sector, technology sector and utilities sector risk.

The fund is nondiversified and may experience greater volatility than a more diversified investment.

There is no relationship between Dorsey, Wright & Associates, LLC ("Dorsey Wright") and Invesco PowerShares ("PowerShares") other than a license by Dorsey Wright to PowerShares of certain Dorsey Wright trademarks, tradenames, investment models and indexes (the "DWA IP"). DWA IP has been created and developed by Dorsey Wright without regard to and independently of PowerShares, and/or any prospective investor. The licensing of any DWA IP is not an offer to purchase or sell, or a solicitation of an offer to buy any securities. A determination that any portion of an investor's portfolio should be devoted to any ETF product developed by PowerShares or investment model developed by Dorsey Wright is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey Wright.

Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust. PowerShares® is a registered trademark of Invesco PowerShares Capital Management, LLC. Invesco PowerShares Capital Management, LLC (Invesco PowerShares) and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

Note: Not all products available through all firms.

Before investing, investors should carefully read the prospectus/summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the fund, call 800 983 0903 or visit invescopowershares.com for the prospectus/summary prospectus.

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