PowerShares FTSE RAFI US 1000 Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the FTSE RAFI U.S. 1000 Index (the Index). The Index is designed to track the performance of the United States equities, selected based on the fundamental measures of firm size: book value, cash flow, sales and dividends. The 1000 equities with the highest fundamental strength are weighted by their fundamental scores. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, financials, health care, industrials, information technology, materials, telecommunication services and utilities. The Fund's investment advisor is PowerShares Capital Management LLC.
More about the company