PowerShares Exchange-Traded Fund Trust II PowerShares DWA Tactical Sector Rotation Portfolio Quote & Summary Data(ETF)
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The PowerShares DWA Tactical Sector Rotation Portfolio (the "Fund") is based on the Dorsey Wright Sector 4 Index. The Fund generally will invest at least 90% of its total assets in securities that comprise the Index. The Fund is a "fund of funds," meaning that it invests its assets in the shares of other, underlying exchange-traded funds eligible for inclusion in the Index, rather than in securities of individual companies. The Index is designed to gain exposure to the strongest relative strength sectors in the US through the universe of nine PowerShares DWA sector Momentum ETFs. The Fund and the Index are evaluated monthly for potential rebalance and reconstitution.