PowerShares S&P SmallCap Consumer Discretionary Pf

The investment seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 Capped Consumer Discretionary Index. The fund generally will invest at least 90% of its total assets in the securities of small-capitalization U.S. consumer discretionary companies that comprise the underlying index. These companies are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including, but not limited to, household durables, leisure products and services, apparel and luxury goods, computers and electronics, automobiles, etc.