PowerShares S&P 500 VEQTOR UCITS ETF

SPVX

 

Information about the index & index sponsor - You can view further information by visiting the S&P Dow Jones Indices website at http://www.spindices.com/

ETF Holdings


As at 21 July 2017

ETF holdings subject to change

Information Technology

22.45%

Ticker Company % of ETF
037833100 Apple Inc 3.59
594918104 Microsoft Corp 2.61
30303M102 Facebook Inc 1.78
02079K305 Alphabet Inc 1.38
02079K107 Alphabet Inc 1.36
92826C839 Visa Inc 0.84
458140100 Intel Corp 0.75
17275R102 Cisco Systems Inc 0.73
68389X105 Oracle Corp 0.7
459200101 International Business Machines Corp 0.57
57636Q104 Mastercard Inc 0.55
Y09827109 Broadcom Ltd 0.47
67066G104 NVIDIA Corp 0.46
G1151C101 Accenture PLC 0.37
882508104 Texas Instruments Inc 0.37
747525103 QUALCOMM Inc 0.36
00724F101 Adobe Systems Inc 0.34
70450Y103 PayPal Holdings Inc 0.3
79466L302 salesforce.com Inc 0.27
038222105 Applied Materials Inc 0.23
053015103 Automatic Data Processing Inc 0.21
00507V109 Activision Blizzard Inc 0.19
192446102 Cognizant Technology Solutions Corp 0.19
278642103 eBay Inc 0.17
285512109 Electronic Arts Inc 0.16
595112103 Micron Technology Inc 0.15
461202103 Intuit Inc 0.15
40434L105 HP Inc 0.15
31620M106 Fidelity National Information Services Inc 0.14
42824C109 Hewlett Packard Enterprise Co 0.14
H84989104 TE Connectivity Ltd 0.14
032654105 Analog Devices Inc 0.14
219350105 Corning Inc 0.13
958102105 Western Digital Corp 0.13
337738108 Fiserv Inc 0.12
512807108 Lam Research Corp 0.12
032095101 Amphenol Corp 0.11
23355L106 DXC Technology Co 0.11
052769106 Autodesk Inc 0.1
83088M102 Skyworks Solutions Inc 0.09
871503108 Symantec Corp 0.09
595017104 Microchip Technology Inc 0.09
704326107 Paychex Inc 0.09
756577102 Red Hat Inc 0.08
983919101 Xilinx Inc 0.07
482480100 KLA-Tencor Corp 0.07
620076307 Motorola Solutions Inc 0.07
413875105 Harris Corp 0.07
37940X102 Global Payments Inc 0.07
018581108 Alliance Data Systems Corp 0.06
64110D104 NetApp Inc 0.06
177376100 Citrix Systems Inc 0.06
G7945M107 Seagate Technology PLC 0.06
366651107 Gartner Inc 0.05
48203R104 Juniper Networks Inc 0.05
871607107 Synopsys Inc 0.05
12673P105 CA Inc 0.05
007903107 Advanced Micro Devices Inc 0.05
03662Q105 ANSYS Inc 0.05
891906109 Total System Services Inc 0.05
74736K101 Qorvo Inc 0.04
00971T101 Akamai Technologies Inc 0.04
959802109 Western Union Co/The 0.04
92343E102 VeriSign Inc 0.04
315616102 F5 Networks Inc 0.04
984121608 Xerox Corp 0.03
302445101 FLIR Systems Inc 0.02
12650T104 CSRA Inc 0.02

Health Care

14.12%

Ticker Company % of ETF
478160104 Johnson & Johnson 1.67
717081103 Pfizer Inc 0.92
91324P102 UnitedHealth Group Inc 0.84
58933Y105 Merck & Co Inc 0.78
031162100 Amgen Inc 0.62
00287Y109 AbbVie Inc 0.54
G5960L103 Medtronic PLC 0.53
151020104 Celgene Corp 0.49
375558103 Gilead Sciences Inc 0.44
110122108 Bristol-Myers Squibb Co 0.42
002824100 Abbott Laboratories 0.41
G0177J108 Allergan PLC 0.4
532457108 Eli Lilly & Co 0.37
883556102 Thermo Fisher Scientific Inc 0.33
09062X103 Biogen Inc 0.28
00817Y108 Aetna Inc 0.24
036752103 Anthem Inc 0.23
235851102 Danaher Corp 0.23
075887109 Becton Dickinson and Co 0.21
863667101 Stryker Corp 0.21
125509109 Cigna Corp 0.2
92532F100 Vertex Pharmaceuticals Inc 0.19
75886F107 Regeneron Pharmaceuticals Inc 0.18
101137107 Boston Scientific Corp 0.17
30219G108 Express Scripts Holding Co 0.17
58155Q103 McKesson Corp 0.16
444859102 Humana Inc 0.15
46120E602 Intuitive Surgical Inc 0.15
98978V103 Zoetis Inc 0.14
071813109 Baxter International Inc 0.14
015351109 Alexion Pharmaceuticals Inc 0.14
98956P102 Zimmer Biomet Holdings Inc 0.12
452327109 Illumina Inc 0.12
40412C101 HCA Healthcare Inc 0.11
28176E108 Edwards Lifesciences Corp 0.11
14149Y108 Cardinal Health Inc 0.11
45337C102 Incyte Corp 0.11
067383109 CR Bard Inc 0.11
00846U101 Agilent Technologies Inc 0.09
156782104 Cerner Corp 0.09
N59465109 Mylan NV 0.08
50540R409 Laboratory Corp of America Holdings 0.07
03073E105 AmerisourceBergen Corp 0.07
74834L100 Quest Diagnostics Inc 0.07
45168D104 IDEXX Laboratories Inc 0.07
15135B101 Centene Corp 0.07
592688105 Mettler-Toledo International Inc 0.07
24906P109 DENTSPLY SIRONA Inc 0.07
941848103 Waters Corp 0.07
806407102 Henry Schein Inc 0.07
436440101 Hologic Inc 0.06
016255101 Align Technology Inc 0.06
216648402 Cooper Cos Inc/The 0.05
913903100 Universal Health Services Inc 0.05
G97822103 Perrigo Co PLC 0.05
23918K108 DaVita Inc 0.05
92220P105 Varian Medical Systems Inc 0.04
714046109 PerkinElmer Inc 0.04
29414D100 Envision Healthcare Corp 0.04
G5785G107 Mallinckrodt PLC 0.02
703395103 Patterson Cos Inc 0.02

Financials

13.97%

Ticker Company % of ETF
084670702 Berkshire Hathaway Inc 1.49
46625H100 JPMorgan Chase & Co 1.48
949746101 Wells Fargo & Co 1.12
060505104 Bank of America Corp 1.09
172967424 Citigroup Inc 0.83
38141G104 Goldman Sachs Group Inc/The 0.38
902973304 US Bancorp 0.38
H1467J104 Chubb Ltd 0.32
617446448 Morgan Stanley 0.3
025816109 American Express Co 0.3
693475105 PNC Financial Services Group Inc/The 0.28
59156R108 MetLife Inc 0.27
026874784 American International Group Inc 0.26
064058100 Bank of New York Mellon Corp/The 0.25
09247X101 BlackRock Inc 0.25
808513105 Charles Schwab Corp/The 0.23
744320102 Prudential Financial Inc 0.22
14040H105 Capital One Financial Corp 0.19
12572Q105 CME Group Inc 0.19
571748102 Marsh & McLennan Cos Inc 0.19
45866F104 Intercontinental Exchange Inc 0.18
78409V104 S&P Global Inc 0.18
054937107 BB&T Corp 0.17
G0408V102 Aon PLC 0.17
89417E109 Travelers Cos Inc/The 0.16
857477103 State Street Corp 0.15
020002101 Allstate Corp/The 0.15
001055102 Aflac Inc 0.14
867914103 SunTrust Banks Inc 0.13
743315103 Progressive Corp/The 0.12
55261F104 M&T Bank Corp 0.11
254709108 Discover Financial Services 0.11
87165B103 Synchrony Financial 0.11
615369105 Moody's Corp 0.1
03076C106 Ameriprise Financial Inc 0.1
416515104 Hartford Financial Services Group Inc/The 0.09
316773100 Fifth Third Bancorp 0.09
493267108 KeyCorp 0.09
74144T108 T Rowe Price Group Inc 0.09
G96629103 Willis Towers Watson PLC 0.09
665859104 Northern Trust Corp 0.09
74251V102 Principal Financial Group Inc 0.08
174610105 Citizens Financial Group Inc 0.08
7591EP100 Regions Financial Corp 0.08
354613101 Franklin Resources Inc 0.08
534187109 Lincoln National Corp 0.07
G491BT108 Invesco Ltd 0.07
446150104 Huntington Bancshares Inc/OH 0.06
540424108 Loews Corp 0.06
200340107 Comerica Inc 0.06
G98294104 XL Group Ltd 0.06
269246401 E*TRADE Financial Corp 0.05
G3223R108 Everest Re Group Ltd 0.05
172062101 Cincinnati Financial Corp 0.05
754730109 Raymond James Financial Inc 0.05
91529Y106 Unum Group 0.05
008252108 Affiliated Managers Group Inc 0.05
363576109 Arthur J Gallagher & Co 0.05
527288104 Leucadia National Corp 0.04
989701107 Zions Bancorporation 0.04
891027104 Torchmark Corp 0.04
12503M108 CBOE Holdings Inc 0.04
631103108 Nasdaq Inc 0.04
712704105 People's United Financial Inc 0.03
04621X108 Assurant Inc 0.03
63938C108 Navient Corp 0.02

Consumer Discretionary

11.92%

Ticker Company % of ETF
023135106 Amazon.com Inc 1.91
20030N101 Comcast Corp 0.86
437076102 Home Depot Inc/The 0.81
254687106 Walt Disney Co/The 0.71
580135101 McDonald's Corp 0.57
741503403 Priceline Group Inc/The 0.44
855244109 Starbucks Corp 0.38
64110L106 Netflix Inc 0.38
654106103 NIKE Inc 0.36
887317303 Time Warner Inc 0.36
16119P108 Charter Communications Inc 0.34
548661107 Lowe's Cos Inc 0.29
37045V100 General Motors Co 0.23
345370860 Ford Motor Co 0.21
872540109 TJX Cos Inc/The 0.2
571903202 Marriott International Inc/MD 0.15
87612E106 Target Corp 0.14
90130A101 Twenty-First Century Fox Inc 0.13
143658300 Carnival Corp 0.13
651229106 Newell Brands Inc 0.12
988498101 Yum! Brands Inc 0.12
124857202 CBS Corp 0.11
G27823106 Delphi Automotive PLC 0.11
778296103 Ross Stores Inc 0.1
681919106 Omnicom Group Inc 0.09
918204108 VF Corp 0.09
V7780T103 Royal Caribbean Cruises Ltd 0.09
256677105 Dollar General Corp 0.08
30212P303 Expedia Inc 0.08
256746108 Dollar Tree Inc 0.08
67103H107 O'Reilly Automotive Inc 0.08
608190104 Mohawk Industries Inc 0.07
053332102 AutoZone Inc 0.07
90384S303 Ulta Beauty Inc 0.07
25470M109 DISH Network Corp 0.07
086516101 Best Buy Co Inc 0.07
189754104 Coach Inc 0.06
963320106 Whirlpool Corp 0.06
90130A200 Twenty-First Century Fox Inc 0.06
418056107 Hasbro Inc 0.06
43300A203 Hilton Worldwide Holdings Inc 0.06
92553P201 Viacom Inc 0.06
23331A109 DR Horton Inc 0.06
372460105 Genuine Parts Co 0.06
143130102 CarMax Inc 0.06
237194105 Darden Restaurants Inc 0.05
98310W108 Wyndham Worldwide Corp 0.05
501797104 L Brands Inc 0.05
526057104 Lennar Corp 0.05
501889208 LKQ Corp 0.05
983134107 Wynn Resorts Ltd 0.05
169656105 Chipotle Mexican Grill Inc 0.05
460690100 Interpublic Group of Cos Inc/The 0.05
886547108 Tiffany & Co 0.05
099724106 BorgWarner Inc 0.04
693656100 PVH Corp 0.04
382550101 Goodyear Tire & Rubber Co/The 0.04
410345102 Hanesbrands Inc 0.04
412822108 Harley-Davidson Inc 0.04
577081102 Mattel Inc 0.03
00751Y106 Advance Auto Parts Inc 0.03
811065101 Scripps Networks Interactive Inc 0.03
55616P104 Macy's Inc 0.03
745867101 PulteGroup Inc 0.03
500255104 Kohl's Corp 0.03
524660107 Leggett & Platt Inc 0.03
892356106 Tractor Supply Co 0.03
855030102 Staples Inc 0.03
093671105 H&R Block Inc 0.03
344849104 Foot Locker Inc 0.03
H2906T109 Garmin Ltd 0.03
25470F302 Discovery Communications Inc 0.03
G60754101 Michael Kors Holdings Ltd 0.02
65249B109 News Corp 0.02
655664100 Nordstrom Inc 0.02
364760108 Gap Inc/The 0.02
896945201 TripAdvisor Inc 0.02
G81276100 Signet Jewelers Ltd 0.02
075896100 Bed Bath & Beyond Inc 0.02
25470F104 Discovery Communications Inc 0.02
751212101 Ralph Lauren Corp 0.02
904311107 Under Armour Inc 0.02
904311206 Under Armour Inc 0.02
05329W102 AutoNation Inc 0.01
65249B208 News Corp 0.01

Industrials

9.93%

Ticker Company % of ETF
369604103 General Electric Co 1.03
88579Y101 3M Co 0.58
097023105 Boeing Co/The 0.55
438516106 Honeywell International Inc 0.48
913017109 United Technologies Corp 0.43
907818108 Union Pacific Corp 0.39
911312106 United Parcel Service Inc 0.35
539830109 Lockheed Martin Corp 0.33
149123101 Caterpillar Inc 0.29
369550108 General Dynamics Corp 0.27
31428X106 FedEx Corp 0.24
755111507 Raytheon Co 0.23
126408103 CSX Corp 0.22
452308109 Illinois Tool Works Inc 0.21
666807102 Northrop Grumman Corp 0.21
G51502105 Johnson Controls International plc 0.19
291011104 Emerson Electric Co 0.18
247361702 Delta Air Lines Inc 0.18
244199105 Deere & Co 0.18
844741108 Southwest Airlines Co 0.17
G29183103 Eaton Corp PLC 0.16
655844108 Norfolk Southern Corp 0.16
94106L109 Waste Management Inc 0.14
02376R102 American Airlines Group Inc 0.12
231021106 Cummins Inc 0.12
693718108 PACCAR Inc 0.11
776696106 Roper Technologies Inc 0.11
G47791101 Ingersoll-Rand PLC 0.11
854502101 Stanley Black & Decker Inc 0.1
773903109 Rockwell Automation Inc 0.1
701094104 Parker-Hannifin Corp 0.1
910047109 United Continental Holdings Inc 0.1
34959J108 Fortive Corp 0.09
294429105 Equifax Inc 0.08
774341101 Rockwell Collins Inc 0.08
760759100 Republic Services Inc 0.07
G47567105 IHS Markit Ltd 0.07
031100100 AMETEK Inc 0.06
502413107 L3 Technologies Inc 0.06
893641100 TransDigm Group Inc 0.06
G6518L108 Nielsen Holdings PLC 0.06
92345Y106 Verisk Analytics Inc 0.06
883203101 Textron Inc 0.06
260003108 Dover Corp 0.06
311900104 Fastenal Co 0.06
574599106 Masco Corp 0.06
172908105 Cintas Corp 0.06
011659109 Alaska Air Group Inc 0.05
485170302 Kansas City Southern 0.05
03965L100 Arconic Inc 0.05
G7S00T104 Pentair PLC 0.05
302130109 Expeditors International of Washington Inc 0.05
98419M100 Xylem Inc/NY 0.05
34964C106 Fortune Brands Home & Security Inc 0.05
911363109 United Rentals Inc 0.05
12541W209 CH Robinson Worldwide Inc 0.04
833034101 Snap-on Inc 0.04
384802104 WW Grainger Inc 0.04
00508Y102 Acuity Brands Inc 0.04
G0176J109 Allegion PLC 0.04
445658107 JB Hunt Transport Services Inc 0.04
469814107 Jacobs Engineering Group Inc 0.03
858912108 Stericycle Inc 0.03
343412102 Fluor Corp 0.03
770323103 Robert Half International Inc 0.03
34354P105 Flowserve Corp 0.03
74762E102 Quanta Services Inc 0.02

Consumer Staples

8.65%

Ticker Company % of ETF
742718109 Procter & Gamble Co/The 1.04
718172109 Philip Morris International Inc 0.85
191216100 Coca-Cola Co/The 0.79
713448108 PepsiCo Inc 0.76
02209S103 Altria Group Inc 0.65
931142103 Wal-Mart Stores Inc 0.52
126650100 CVS Health Corp 0.36
931427108 Walgreens Boots Alliance Inc 0.31
609207105 Mondelez International Inc 0.31
22160K105 Costco Wholesale Corp 0.3
194162103 Colgate-Palmolive Co 0.3
761713106 Reynolds American Inc 0.25
500754106 Kraft Heinz Co/The 0.24
494368103 Kimberly-Clark Corp 0.21
21036P108 Constellation Brands Inc 0.16
370334104 General Mills Inc 0.14
871829107 Sysco Corp 0.12
039483102 Archer-Daniels-Midland Co 0.11
518439104 Estee Lauder Cos Inc/The 0.1
61174X109 Monster Beverage Corp 0.1
501044101 Kroger Co/The 0.1
902494103 Tyson Foods Inc 0.08
189054109 Clorox Co/The 0.08
487836108 Kellogg Co 0.08
26138E109 Dr Pepper Snapple Group Inc 0.08
60871R209 Molson Coors Brewing Co 0.07
427866108 Hershey Co/The 0.07
832696405 JM Smucker Co/The 0.07
205887102 Conagra Brands Inc 0.06
966837106 Whole Foods Market Inc 0.06
171340102 Church & Dwight Co Inc 0.06
579780206 McCormick & Co Inc/MD 0.05
134429109 Campbell Soup Co 0.05
440452100 Hormel Foods Corp 0.04
222070203 Coty Inc 0.04
115637209 Brown-Forman Corp 0.04

Energy

5.75%

Ticker Company % of ETF
30231G102 Exxon Mobil Corp 1.55
166764100 Chevron Corp 0.9
806857108 Schlumberger Ltd 0.42
26875P101 EOG Resources Inc 0.25
20825C104 ConocoPhillips 0.24
674599105 Occidental Petroleum Corp 0.21
49456B101 Kinder Morgan Inc/DE 0.18
406216101 Halliburton Co 0.18
718546104 Phillips 66 0.17
91913Y100 Valero Energy Corp 0.14
56585A102 Marathon Petroleum Corp 0.13
723787107 Pioneer Natural Resources Co 0.13
969457100 Williams Cos Inc/The 0.12
032511107 Anadarko Petroleum Corp 0.11
682680103 ONEOK Inc 0.1
20605P101 Concho Resources Inc 0.09
037411105 Apache Corp 0.09
25179M103 Devon Energy Corp 0.08
05722G100 Baker Hughes a GE Co 0.07
881609101 Tesoro Corp 0.07
G87110105 TechnipFMC PLC 0.06
655044105 Noble Energy Inc 0.06
637071101 National Oilwell Varco Inc 0.06
42809H107 Hess Corp 0.05
127097103 Cabot Oil & Gas Corp 0.05
26884L109 EQT Corp 0.05
565849106 Marathon Oil Corp 0.05
171798101 Cimarex Energy Co 0.04
423452101 Helmerich & Payne Inc 0.03
651290108 Newfield Exploration Co 0.02
626717102 Murphy Oil Corp 0.02
75281A109 Range Resources Corp 0.02
165167107 Chesapeake Energy Corp 0.02
H8817H100 Transocean Ltd 0.02

Utilities

3.1%

Ticker Company % of ETF
65339F101 NextEra Energy Inc 0.31
26441C204 Duke Energy Corp 0.27
25746U109 Dominion Energy Inc 0.22
842587107 Southern Co/The 0.22
69331C108 PG&E Corp 0.16
025537101 American Electric Power Co Inc 0.16
30161N101 Exelon Corp 0.16
816851109 Sempra Energy 0.13
281020107 Edison International 0.12
69351T106 PPL Corp 0.12
209115104 Consolidated Edison Inc 0.12
98389B100 Xcel Energy Inc 0.11
744573106 Public Service Enterprise Group Inc 0.1
92939U106 WEC Energy Group Inc 0.09
30040W108 Eversource Energy 0.09
233331107 DTE Energy Co 0.09
030420103 American Water Works Co Inc 0.07
337932107 FirstEnergy Corp 0.07
023608102 Ameren Corp 0.06
29364G103 Entergy Corp 0.06
125896100 CMS Energy Corp 0.06
15189T107 CenterPoint Energy Inc 0.06
723484101 Pinnacle West Capital Corp 0.05
80589M102 SCANA Corp 0.04
018802108 Alliant Energy Corp 0.04
65473P105 NiSource Inc 0.04
629377508 NRG Energy Inc 0.04
00130H105 AES Corp/VA 0.03

Real Estate

2.82%

Ticker Company % of ETF
03027X100 American Tower Corp 0.27
828806109 Simon Property Group Inc 0.24
22822V101 Crown Castle International Corp 0.17
29444U700 Equinix Inc 0.16
74340W103 Prologis Inc 0.14
74460D109 Public Storage 0.14
95040Q104 Welltower Inc 0.13
053484101 AvalonBay Communities Inc 0.12
962166104 Weyerhaeuser Co 0.12
29476L107 Equity Residential 0.12
92276F100 Ventas Inc 0.11
101121101 Boston Properties Inc 0.08
253868103 Digital Realty Trust Inc 0.08
297178105 Essex Property Trust Inc 0.08
756109104 Realty Income Corp 0.07
40414L109 HCP Inc 0.07
929042109 Vornado Realty Trust 0.06
36174X101 GGP Inc 0.06
44107P104 Host Hotels & Resorts Inc 0.06
12504L109 CBRE Group Inc 0.05
59522J103 Mid-America Apartment Communities Inc 0.05
015271109 Alexandria Real Estate Equities Inc 0.05
902653104 UDR Inc 0.05
30225T102 Extra Space Storage Inc 0.05
78440X101 SL Green Realty Corp 0.05
758849103 Regency Centers Corp 0.04
313747206 Federal Realty Investment Trust 0.04
46284V101 Iron Mountain Inc 0.04
49446R109 Kimco Realty Corp 0.04
554382101 Macerich Co/The 0.03
03748R101 Apartment Investment & Management Co 0.03

Materials

2.81%

Ticker Company % of ETF
260543103 Dow Chemical Co/The 0.34
263534109 EI du Pont de Nemours & Co 0.33
61166W101 Monsanto Co 0.24
74005P104 Praxair Inc 0.18
278865100 Ecolab Inc 0.16
009158106 Air Products & Chemicals Inc 0.15
N53745100 LyondellBasell Industries NV 0.14
824348106 Sherwin-Williams Co/The 0.13
693506107 PPG Industries Inc 0.12
460146103 International Paper Co 0.11
670346105 Nucor Corp 0.09
651639106 Newmont Mining Corp 0.08
35671D857 Freeport-McMoRan Inc 0.08
929160109 Vulcan Materials Co 0.08
058498106 Ball Corp 0.07
573284106 Martin Marietta Materials Inc 0.07
96145D105 WestRock Co 0.07
012653101 Albemarle Corp 0.06
277432100 Eastman Chemical Co 0.06
302491303 FMC Corp 0.05
459506101 International Flavors & Fragrances Inc 0.05
81211K100 Sealed Air Corp 0.04
61945C103 Mosaic Co/The 0.04
053611109 Avery Dennison Corp 0.04
125269100 CF Industries Holdings Inc 0.03

Index Futures

2.49%

Ticker Company % of ETF
UXQ7 IND N/A 2.49

Telecommunication Services

2%

Ticker Company % of ETF
00206R102 AT&T Inc 1.03
92343V104 Verizon Communications Inc 0.83
52729N308 Level 3 Communications Inc 0.08
156700106 CenturyLink Inc 0.06

Risk warnings

The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.

The objective of the ETF is to provide broad exposure to the U.S. equity market with the intention to partially reduce potential losses in that market in line with the Index objective. It is not the intention of the Index to fully reduce all potential losses in the equity market. In addition, the hedging strategy used by the Investment Manager may not be totally successful when replicating the Index.

The ETF may use derivatives (complex instruments) to track the Index, although this may not be achieved. The use of such complex instruments may result in large fluctuations of the value of the ETF.

Important information

The ETF will, as far as practicable, hold all the securities in the index in their respective weighting.

When making an investment in an ETF you are buying shares in a company that is listed on a stock exchange.

It is expected that the shares of the ETF will trade closely to its Net Asset Value (NAV), and because of the exchange-traded fund structure, that a significant discount or premium to the NAV will not be sustained over the long term. However supply of, and demand for, the shares on the relevant exchange together with any disruptions to creations and redemptions of units in the underlying fund may result in share prices that differ significantly from the NAV and there can be no certainty that there will be liquidity in the shares on any exchange. Only Authorised Participants, as defined in the Prospectus of the ETF, can request the Manager to create and redeem units in the underlying fund.

The distribution and the offering of the ETF in certain jurisdictions may be restricted by law. Persons into whose possession this document may come are required to inform themselves about and to comply with any relevant restrictions. This does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer is not authorised or to any person to who it is unlawful to make such an offer or solicitation.

Persons interested in acquiring the ETF should inform themselves as to (i) the legal requirements in the countries of their nationality, residence, ordinary residence or domicile: (ii) any foreign exchange controls: and (iii) tax consequences which might be relevant.

The “S&P 500 Dynamic VEQTOR Index" and “S&P VIX Short-Term Futures Index” are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Invesco PowerShares. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Invesco PowerShares. The PowerShares S&P 500 VEQTOR UCITS ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Dynamic VEQTOR Index.

This marketing material is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell securities.

Any investment in an ETF should be made on the basis of the relevant Prospectus and Key Investor Information Documents, including consideration of the investment objective, risks, charges and expenses. Further information on the ETF, including the Prospectus, Key Investor Information Documents and Supplements available at www.invescopowershares.co.uk.

Issued and distributed in the UK, on behalf of Invesco PowerShares, by Invesco Asset Management Limited. Registered Address: Perpetual Park, Perpetual Park Drive, Henley-on-Thames, Oxfordshire, RG9 1HH, UK. Authorised and regulated by the Financial Conduct Authority.