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PFEM
  PowerShares Fundamental Emerging Markets Local Debt Portfolio ETF - NYSEARCA

8/21/2014, 3:23 AM ET
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PFEM Description
The PowerShares Fundamental Emerging Markets Local Debt Portfolio (Fund) is based on the Citi RAFI Bonds Sovereign Emerging Markets Extended Local Currency Index (Index). The Fund generally will invest at least 80% of its total assets in the bonds issued by the national governments of emerging market countries that comprise the Index. The Index measures the potential return of a portfolio of bonds issued by the national governments of 18 emerging market countries, all in the respective local currency. To be included in the Index, countries must have a domestic sovereign debt rating of at least CC by Standard & Poor’s (S&P) and Ca by Moody’s Investors Service, Inc. (Moody’s). The Fund and the Index are rebalanced and reconstituted quarterly in January, April, July and October.
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Key Info
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