PowerShares International Dividend Achievers Portfolio ETF(PID)- NYSEARCA
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PID Description
The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the International Dividend Achievers™ Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is designed to identify an international group of American Depository Receipts that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. The portfolio is rebalanced quarterly and reconstituted annually.
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