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PowerShares Dividend Achievers Portfolio ETF (PFM)

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PFM Description
The PowerShares Dividend Achiever Portfolio (Fund) is based on the Broad Dividend Achiever Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for ten or more consecutive fiscal years. The portfolio is rebalanced quarterly and reconstituted annually.
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Country: United States
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