Over 100 smart beta ETFs $52B in smart beta ETF assets

Guide to PowerShares ETFs Founded in 2003 with the goal of bringing factor-based investing to the ETF world Focused on leading the smart beta ETF Revolution for over a decade Over 100 smart beta ETFs $52B in smart beta ETF assets 4th largest ETF issuer, managing $150B globally 175+ PowerShares exchange-traded funds globally Invesco is a $800B global asset manager 70+ smart beta ETFs with 5-year track records More than 60 smart beta ETFs with over $100mm AUM Sources: Bloomberg L.P. and Invesco Ltd. as of September 30, 2017. Assets under management (AUM) include all assets under advisement, distributed and overseen by Invesco. Not FDIC Insured May Lose Value No Bank Guarantee

Unique product lines precisely built to power your portfolio AUM AUM Access to smart beta Smart beta S&P factor PowerShares S&P factor ETFs provide pure access to well-established investment factors (such as, low volatility, quality, momentum and value) sourced from the S&P 500, S&P 600, S&P 400 and various S&P international indexes. $15.1B Factor access PowerShares factor access ETFs include momentum strategies developed by Dorsey Wright & Associates as well as dividend and buyback strategies created by NASDAQ. $6.1B Income PowerShares income ETFs represent one of the largest fixed- and equity-income ETF suites in the industry, including access to bank loans, emerging market debt and preferreds. These strategies have multiple applications for investors seeking income while managing interest rate risk, accessing diversifying assets and maximizing tax efficiency. $29.7B Alternatives PowerShares alternative ETFs provide access to commodities, currencies, long/ short strategies, private equity and real estate. Collectively representing more than 80 years of live history and over $5.1 billion in AUM, the PowerShares commodity lineup provides access to the global commodity markets for institutions and individual investors alike. $6.2B Multi factor PowerShares multi-factor ETFs offer strategies that select and weight securities based on multiple factors. The PowerShares FTSE RAFI s track the RAFI Fundamental Index methodology and use four fundamental measures of company size sales, cash flow, dividends and book value to determine a stock s index weight. $14.5B Thematic PowerShares thematic ETFs include sustainable investment strategies (clean energy and water resources), commodity equities, diversified access and targetrisk multi-asset allocation portfolios to specific investment themes. $2.7B Bulk beta PowerShares bulk beta ETFs offer efficient access to various segments of the equity markets (large-cap growth, small cap sectors, financials, international and PureBeta SM ). PowerShares QQQ is one of the largest, most heavily-traded ETFs in the industry. $55.7B Source: Invesco, as of September 30, 2017

What we stand for PowerShares by Invesco was founded in 2003 with the goal of bringing factor-based investing to the ETF world. We believe: ETFs are a very efficient investment vehicle and can be a critical building block to portfolio construction Markets are not immediately efficient Indexing goes beyond benchmarking SPLV PowerShares S&P 500 Low Volatility ratio: 0.25% AUM: $7.0B : 05/2011 Fund family: S&P factor One of the purest approaches to harvesting the low volatility anomaly¹ Potential to mitigate downside risk and participate in rising markets Unconstrained methodology may allow for dynamic sector allocation in an attempt to avoid sector bubbles and allow for excess return potential across market cycles BKLN PowerShares Senior Loan ratio: 0.65%* AUM: $8.7B : 03/2011 Fund family: Income The potential for attractive current income and ultra-short duration to defend against rising rates and inflation Capital structure seniority and enhanced diversification 2 Largest senior secured loan (SSL) ETF based on average daily trading volume since inception³ DBC PowerShares DB Commodity Index Tracking ratio: 0.89% AUM: $2.0B : 02/2006 Fund family: Alternatives solution to hedge against inflation Commodities as a key portfolio diversifier Diversified exposure to broad basket of commodities Optimize roll yield return potential PRF PowerShares FTSE RAFI US 1000 ratio: 0.39%* AUM: $5.0B : 12/2005 Fund family: Multi-factor Strong historical performance in an efficient, lower cost option to the average active manager 4 Seeks to mitigate potential shortcomings by avoiding market bubbles inherent with market capitalization weighted indices Upside participation with potential excess returns through a disciplined annual rebalancing process Commodities and futures generally are volatile and are not suitable for all investors. Most senior loans are made to corporations with below investment-grade credit ratings and are subject to significant credit, valuation and liquidity risk. The value of the collateral securing a loan may not be sufficient to cover the amount owed, may be found invalid or may be used to pay other outstanding obligations of the borrower under applicable law. There is also the risk that the collateral may be difficult to liqui, or that a majority of the collateral may be illiquid. 1 A common assumption in finance is that increasing a portfolio s risk exposure should generate a higher return. In contrast, the low volatility anomaly refers to the observation that historically, portfolios of lower-volatility stocks produced higher risk -adjusted returns than portfolios with high-volatility stocks. 2 Senior loans provide diversification benefits through a low correlation to other segments of the fixed income market as well as equities, helping mitigate overall volatility in a portfolio. 3 Source: Bloomberg L.P., as of September 30, 2017, based on US-listed bank loan ETFs based on fund average daily value traded over the past 6 months. 4 Source: Bloomberg L.P., as of September 30, 2017. Since ordinary brokerage commissions apply for each buy and sell transaction, frequent trading activity may increase the cost of ETFs.

As of September 30, 2017 Fund Fund S&P factor Low volatility S&P 500 Low Volatility M SPLV 0.25 05/2011 S&P MidCap Low Volatility XMLV 0.25 02/2013 S&P SmallCap Low Volatility XSLV 0.25 02/2013 S&P International Developed Low Volatility IDLV 0.25* 01/2012 S&P Emerging Markets Low Volatility EELV 0.29* 01/2012 S&P 500 ex-rate Sensitive Low Volatility XRLV 0.25 04/2015 Dividend S&P 500 High Dividend Low Volatility M SPHD 0.30 10/2012 S&P SmallCap High Dividend Low Volatility M XSHD 0.30 12/2016 S&P International Developed High Dividend Low Volatility M IDHD 0.30 12/2016 Quality S&P 500 Quality SPHQ 0.29* 12/2005 S&P International Developed Quality IDHQ 0.29 06/2007 S&P SmallCap Quality XSHQ 0.29 04/2017 Momentum S&P 500 Momentum SPMO 0.25 10/2015 S&P International Developed Momentum IDMO 0.26* 02/2012 S&P Emerging Markets Momentum EEMO 0.29* 02/2012 Value S&P 500 Enhanced Value + SPVU 0.25 10/2015 S&P 500 Value With Momentum SPVM 0.30 04/2017 High beta S&P 500 High Beta SPHB 0.25 05/2011 Factor access Dorsey Wright DWA Momentum PDP 0.63 03/2007 DWA Developed Markets Momentum PIZ 0.81 12/2007 DWA Emerging Markets Momentum PIE 0.90 12/2007 DWA SmallCap Momentum DWAS 0.60 07/2012 DWA NASDAQ Momentum DWAQ 0.60* 05/2003 Dorsey Wright rotation strategies DWA Tactical Sector Rotation DWTR 0.75 10/2015 DWA Tactical Multi-Asset Income DWIN 0.59 03/2016 DWA Momentum & Low Volatility Rotation DWLV 0.52 07/2016 Dorsey Wright sectors DWA Basic Materials Momentum PYZ 0.60* 10/2006 DWA Consumer Cyclicals Momentum PEZ 0.60* 10/2006 DWA Consumer Staples Momentum PSL 0.60* 10/2006 DWA Energy Momentum PXI 0.60* 10/2006 DWA Financial Momentum PFI 0.60* 10/2006 DWA Healthcare Momentum PTH 0.60* 10/2006 DWA Industrials Momentum PRN 0.60* 10/2006 DWA Technology Momentum PTF 0.60* 10/2006 DWA Utilities Momentum PUI 0.60* 10/2005 Dividend achievers Dividend Achievers M PFM 0.55 09/2005 High Yield Equity Dividend Achievers PEY 0.54 12/2004 International Dividend Achievers PID 0.56 09/2005 Buy backs Buyback Achievers PKW 0.63 12/2006 International Buyback Achievers IPKW 0.55 02/2014 Income Core plus Senior Loan M BKLN 0.65* 03/2011 Emerging Markets Sovereign Debt M PCY 0.50 10/2007 Fundamental High Yield Corporate Bond M PHB 0.50 11/2007 Taxable Municipal Bond + M BAB 0.28* 11/2009 CEF Income Composite M PCEF 2.02 02/2010 International Corporate Bond M PICB 0.50 06/2010 DWA Tactical Multi-Asset Income M DWIN 0.59 03/2016 VRDO Tax-Free Weekly M PVI 0.25 11/2007 Global Short Term High Yield Bond M PGHY 0.35 06/2013 Fundamental Investment Grade Corporate Bond M PFIG 0.22 09/2011 Variable Rate Investment Grade A M VRIG 0.30 09/2016 Chinese Yuan Dim Sum Bond M DSUM 0.45 09/2011 LadderRite 0-5 Year Corporate Bond M LDRI 0.22 09/2014 Core 1-30 Laddered Treasury M PLW 0.25 10/2007 Treasury Collateral M CLTL 0.08 01/2017 PureBeta SM US Aggregate Bond M PBND 0.05 09/2017 PureBeta SM 0-5 Year US TIPS PBTP 0.07 09/2017 Preferred Preferred M PGX 0.50 01/2008 Financial Preferred M PGF 0.63 12/2006 Variable Rate Preferred M VRP 0.50 05/2014 Equity income S&P 500 High Dividend Low Volatility M SPHD 0.30 10/2012 High Yield Equity Dividend Achievers M PEY 0.54 12/2004 KBW Premium Yield Equity REIT M KBWY 0.35 12/2010 KBW High Dividend Yield Financial M KBWD 2.99 12/2010 Tax free National AMT-Free Municipal Bond M PZA 0.28 10/2007 California AMT-Free Municipal Bond M PWZ 0.28 10/2007 New York AMT-Free Municipal Bond M PZT 0.28 10/2007

Fund Fund Alternatives Commodities DB Commodity Index Tracking Fund K1 DBC 0.89 02/2006 Optimum Yield Diversified Commodity Strategy No K-1 + A PDBC 0.60* 11/2014 Commodity sectors DB Agriculture Fund K1 DBA 0.89 01/2007 DB Base Metals Fund K1 DBB 0.82 01/2007 DB Energy Fund K1 DBE 0.78 01/2007 DB Gold Fund K1 DGL 0.78 01/2007 DB Oil Fund K1 DBO 0.78 01/2007 DB Precious Metals Fund K1 DBP 0.78 01/2007 DB Silver Fund K1 DBS 0.79 01/2007 Currencies DB US Dollar Index Bullish Fund + K1 UUP 0.80 02/2007 DB US Dollar Index Bearish Fund + K1 UDN 0.80 02/2007 DB G10 Currency Harvest Fund K1 DBV 0.80 09/2006 Alternative solutions S&P 500 BuyWrite PBP 0.75 12/2007 Global Listed Private Equity PSP 2.31* 10/2006 S&P 500 Downside Hedged A PHDG 0.39* 12/2012 Multi-Strategy Alternative A LALT 0.98* 05/2014 REITs KBW Premium Yield Equity REIT M KBWY 0.35 12/2010 Active U.S. Real Estate Fund A PSR 0.80 11/2008 Multi factor RAFI equity FTSE RAFI US 1000 PRF 0.39* 12/2005 FTSE RAFI US 1500 Small-Mid PRFZ 0.39* 09/2006 FTSE RAFI Developed Markets ex-u.s. PXF 0.45 06/2007 FTSE RAFI Emerging Markets PXH 0.49* 09/2007 FTSE RAFI Developed Markets ex-u.s. PDN 0.49 09/2007 Small-Mid FTSE RAFI Asia Pacific ex-japan PAF 0.49 06/2007 RAFI fixed income Fundamental High Yield Corporate Bond Fundamental Investment Grade Corporate Bond PHB 0.50 11/2007 PFIG 0.22 09/2011 Intellidex Dynamic Market PWC 0.60* 05/2003 Dynamic Large Cap Value PWV 0.56 03/2005 Dynamic Large Cap Growth PWB 0.57 03/2005 Intellidex industries Dynamic Biotechnology & Genome PBE 0.58 06/2005 Dynamic Building & Construction PKB 0.63 10/2005 Dynamic Energy Exploration & Production PXE 0.80* 10/2005 Dynamic Food & Beverage PBJ 0.59 06/2005 Dynamic Leisure and Entertainment PEJ 0.61 06/2005 Dynamic Media PBS 0.63 06/2005 Dynamic Networking PXQ 0.63* 06/2005 Dynamic Oil & Gas Services PXJ 0.63* 10/2005 Dynamic Pharmaceuticals PJP 0.56 06/2005 Dynamic Retail PMR 0.63* 10/2005 Dynamic Semiconductors PSI 0.63 06/2005 Dynamic Software PSJ 0.63* 06/2005 Pure style Russell Top 200 Pure Growth PXLG 0.39 06/2011 Russell Top 200 Pure Value PXLV 0.39* 06/2011 Russell Midcap Pure Growth PXMG 0.39* 03/2005 Russell Midcap Pure Value PXMV 0.39* 03/2005 Russell 2000 Pure Growth PXSG 0.39* 03/2005 Russell 2000 Pure Value PXSV 0.39* 03/2005 Equal weight Russell 1000 Equal Weight EQAL 0.20 12/2014 Russell 1000 Low Beta Equal Weight USLB 0.35 11/2015 Russell Top 200 Equal Weight EQWL 0.25* 12/2006 Russell Midcap Equal Weight EQWM 0.25* 12/2006 Russell 2000 Equal Weight EQWS 0.25* 12/2006 FTSE International Low Beta Equal Weight IDLB 0.45 11/2015 Russell 1000 Enhanced Equal Weight USEQ 0.29 07/2017 Minimum Volatility S&P 500 Minimum Variance SPMV 0.13 07/2017 Thematic Sustainable Water Resources PHO 0.62 12/2005 Global Water PIO 0.75 06/2007 WilderHill Clean Energy ++ PBW 0.70* 03/2005 Cleantech PZD 0.68* 10/2006 Global Clean Energy PBD 0.75 06/2007 WilderHill Progressive Energy PUW 0.70* 10/2006 Commodity equities Global Gold and Precious Metals PSAU 0.75 09/2008 Global Agriculture PAGG 0.76 09/2008 Access Aerospace & Defense PPA 0.61 10/2005 NASDAQ Internet PNQI 0.60 06/2008 Zacks Micro Cap PZI 1.24* 08/2005 Emerging Markets Infrastructure PXR 0.75 10/2008 Balanced Balanced Multi-Asset Allocation A PSMB 0.39 02/2017 Conservative Multi-Asset Allocation A PSMC 0.37 02/2017 Growth Multi-Asset Allocation A PSMG 0.39 02/2017 Moderately Conservative Multi-Asset Allocation A PSMM 0.38 02/2017 The PowerShares DB Funds listed in the category Alternatives are commodity pools regulated by the Commodity Futures Trading Commission.

Fund Bulk beta NASDAQ PowerShares QQQ QQQ 0.20 03/1999 Small cap sectors S&P SmallCap Consumer Discretionary PSCD 0.29 04/2010 S&P SmallCap Consumer Staples PSCC 0.29 04/2010 S&P SmallCap Energy Portoflio PSCE 0.29 04/2010 S&P SmallCap Financials PSCF 0.29 04/2010 S&P SmallCap Health Care PSCH 0.29 04/2010 S&P SmallCap Industrials PSCI 0.29 04/2010 S&P SmallCap Information Technology PSCT 0.29 04/2010 S&P SmallCap Materials PSCM 0.29 04/2010 S&P SmallCap Utilities PSCU 0.29 04/2010 Financial sector KBW Bank KBWB 0.35 11/2011 KBW Regional Banking KBWR 0.35 11/2011 KBW Property & Casualty Insurance KBWP 0.35 12/2010 International India PIN 0.80 03/2008 Golden Dragon China PGJ 0.70* 12/2004 BLDRS Emerging Markets 50 ADR Index Fund ADRE 0.30 11/2002 BLDRS Developed Markets 100 ADR Index Fund ADRD 0.30 11/2002 BLDRS Asia 50 ADR Index Fund ADRA 0.30* 11/2002 BLDRS Europe Select ADR Index Fund ADRU 0.30* 11/2002 PureBeta SM PureBeta SM MSCI USA PBUS 0.04 09/2017 PureBeta SM MSCI USA Small Cap PBSM 0.06 09/2017 PureBeta SM FTSE Developed ex-north PBDM 0.07 09/2017 America PureBeta SM FTSE Emerging Markets PBEE 0.14 09/2017 PureBeta SM US Aggregate Bond PBND 0.05 09/2017 PureBeta SM 0-5 Year US TIPS PBTP 0.07 09/2017 A Actively Managed K1 Generates a K-1 tax form M Monthly income + Within the past 12 months, changes to the Funds name, underlying Index and investment objective have occurred, as applicable. For more information about these and other changes, please see the Funds prospectus. ++ Effective at the close of markets on October 20, 2017, the Fund will affect a 1 for 5 reverse split of its issued and outstanding shares. Please see the Fund s prospectus for further information.

*Net expense ratios are shown for these funds. Gross expense ratios (%) are as follows: IDLV: 0.35; EELV: 0.45; SPHQ: 0.38; IDMO: 0.36; EEMO: 0.46; DWAQ: 0.85; PYZ: 0.69; PEZ: 0.86; PSL: 0.71; PXI: 0.72; PFI: 0.77; PTH: 0.78; PRN: 0.65; PTF 0.72; PUI: 0.71; BKLN: 0.66, BAB: 0.29, PDBC: 0.64; PSP: 2.32; PHDG: 0.41; LALT: 1.04; PRF: 0.41; PRFZ: 0.41; PXH: 0.50; PWC: 0.61; PKB: 0.61; PXE: 0.88; PXQ: 0.89; PXJ: 0.75; PMR: 0.99; PSJ: 0.64; PXLV: 0.46; PXMG: 0.46; PXMV: 0.49; PXSG: 0.65; PXSV: 0.46; EQWL: 0.54; EQWM: 0.68; EQWS: 1.00; PBW: 0.76; PZD: 0.73; PUW: 0.99; PZI: 1.58; PGJ: 0.73. The Adviser has contractually agreed to waive fees and/or pay certain Fund's expenses through at least February 28, 2018, August 31, 2018 or August 31, 2019. Please see the funds prospectus for more information on such expenses. The gross expense ratios (%) for ADRA and ADRU are as follows: 0.38 and 0.48. Until otherwise determined by the sponsor, the ordinary operating expenses per the current prospectus of each fund will not exceed the stated expense per year of the fund's daily NAV. If these expenses should exceed this stated ratio, the licensor will waive applicable fees and if needed, the Sponsor will reimburse the fund or assume these expenses. Beta: is a measure of risk representing how a security is expected to respond to general market movements. Bulk beta: refers to market-level investment exposure, as defined by traditional market-cap-weighted indexes. Bulk beta stands in contrast to a smart beta approach, which makes use of alternative weighting methodologies or factor tilts. Smart beta: represents an alternative and selection index based methodology that may outperform a benchmark or reduce portfolio risk, or both in passive or active vehicles. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk. PureBeta: is a market-capitalization weighted methodolgoy, and in no way refers to the purity or absence of errors or flaws in the underlying index s methodology or of the fund in seeking to track the investment results of the underlying index. Correlation: is the degree to which two investments have historically moved in relation to each other. Low volatility: seeks to capture excess returns to stocks with lower than average volatility, beta, and/or idiosyncratic risk. Momentum: potential to capture excess returns in stocks with historically strong past performance compared to their peers. Optimum roll yield: is the return generated in a futures market that is in backwardation. Yield is achieved by rolling a shorter-term contract into a longer-term contract and profiting from the convergence towards a higher spot price. Quality: seeks to capture excess return through stocks characterized by indicators of quality high return on equity, stable-strong earnings growth, balance sheet health, and other measures of financial strength. Value: seeks to capture excess return. Volatility: measures the standard deviation from a mean of historical prices of a security or portfolio over time. Important information There are risks involved with investing in ETFs including possible loss of money. Index based ETFs are not actively managed. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Both index based and actively managed ETFs are subject to risk similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The funds are subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the funds. Past performance cannot guarantee comparable future results. As with any comparison, investors should be aware of the material differences between active and passive strategies. Unlike passive strategies, active strategies have the ability to react to market changes and the potential to outperform a stated benchmark. Other differences include, but are not limited to, expenses, management style and liquidity. Investors should consult their financial adviser before investing. Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments. SPLV Investments focused in a particular sector, such as industrials, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments. The fund is non-diversified and may experience greater volatility than a more diversified investment. There is no assurance that the fund will provide low volatility. BKLN Most senior loans are made to corporations with below investment-grade credit ratings and are subject to significant credit, valuation and liquidity risk. The value of the collateral securing a loan may not be sufficient to cover the amount owed, may be found invalid or may be used to pay other outstanding obligations of the borrower under applicable law. There is also the risk that the collateral may be difficult to liqui, or that a majority of the collateral may be illiquid. An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer s credit rating. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. The values of junk bonds fluctuate more than those of high quality bonds and can decline significantly over short time periods. The fund is non-diversified and may experience greater volatility than a more diversified investment. The fund s use of a representative sampling approach will result in its holding a smaller number of bonds than are in the underlying index, and may be subject to greater volatility. The fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities. Under a participation in senior loans, the fund generally will have rights that are more limited than those of lenders or of persons who acquire a senior loan by assignment. In a participation, the fund assumes the credit risk of the lender selling the participation in addition to the credit risk of the borrower. In the event of the insolvency of the lender selling the participation, the fund may be treated as a general creditor of the lender and may not have a senior claim to the lender's interest in the senior loan. Certain participations in senior loans are illiquid and difficult to value. The fund currently intends to effect creations and redemptions principally for cash, rather than principally in-kind because of the nature of the fund's investments. As such, investments in the fund may be less tax efficient than investments in ETFs that create and redeem in-kind. Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments. DBC This fund is not suitable for all investors due to the speculative nature of an investment based upon the fund's trading which takes place in very volatile markets. Because an investment in futures contracts is volatile, such frequency in the movement in market prices of the underlying future contracts could cause large losses. See the Prospectus for risk disclosures. Commodities and futures generally are volatile and are not suitable for all investors. The value of the shares of the fund relate directly to the value of the futures contracts and other assets held by the fund and any fluctuation in the value of these assets could adversely affect an investment in the fund s shares. Please review the prospectus for break-even figures for the fund. The fund is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in the fund. DBA, DBB, DBC, DBE, DBV, DGL, DBO, DBP, DBS, UUP and UDN are commodity pools regulated by the Commodity Futures Trading Commission. Those funds are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder. This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing. To download a copy of each PowerShares DB prospectus please visit DBA, DBB, DBC, DBE, DBV, DGL, DBO, DBP, DBS, UUP and UDN. Note: Not all products available through all firms. The shares of the funds are not deposits, interests in or obligations of any Deutsche Bank AG, Deutsche Bank AG London Branch, Deutsche Bank Securities Inc. or any of their respective subsidiaries or affiliates or any other bank (collectively, the DB Parties ) and are not guaranteed by the DB Parties. The indices underlying DBC, DBV, DBA, DBB, DBE, DGL, DBO, DBP, DBS, UDN, UUP are products of Deutsche Bank AG and/or its affiliates. Information regarding the indices is reprinted with permission. Deutsche Bank and DB are trademarks of Deutsche Bank AG. The indices and trademarks have been licensed for use for certain purposes by Invesco PowerShares Capital Management LLC, an affiliate of Invesco Distributors, Inc. The above-referenced funds are not sponsored, endorsed, sold or promoted by the DB Parties or their third party licensors and none of such parties makes any representation, express or implied, regarding the advisability of investing in the funds, nor do such parties have any liability for errors, omissions, or interruptions in the indices. The indices are calculated and administered by the DB Parties without regards to the Funds. Invesco PowerShares Capital Management LLC and Invesco Distributors, Inc. are not affiliated with Deutsche Bank Securities Inc. There is no relationship between Dorsey, Wright & Associates, LLC ( Dorsey Wright ) and PowerShares other than a license by Dorsey Wright to PowerShares of certain Dorsey Wright trademarks, trade names, investment models, and indexes (the DWA IP ). DWA IP has been created and developed by Dorsey Wright without regard to and independently of PowerShares, and/or any prospective investor. The licensing of any DWA IP is not an offer to purchase or sell, or a solicitation of an offer to buy any securities. A determination that any portion of an investor s portfolio should be devoted to any ETF product developed by PowerShares or investment model developed by Dorsey Wright is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey Wright. The trade names Fundamental Index, RAFI, the RAFI logo, and the Research Affiliates corporate name and logo are registered trademarks and are the exclusive intellectual property of Research Affiliates, LLC. Any use of these trade names and logos without the prior written permission of Research Affiliates, LLC is expressly prohibited. Research Affiliates, LLC reserves the right to take any and all necessary action to preserve all of its rights, title and interest in and to these marks. The sponsor of the Nasdaq-100 Trust, a unit investment trust, is Invesco PowerShares Capital Management LLC ( PowerShares ). NASDAQ, Nasdaq-100 Index, Nasdaq-100 Index Tracking Stock and QQQ are trade/service marks of The Nasdaq Stock Market, Inc. and have been licensed for use by Invesco PowerShares Capital Management LLC, QQQ s sponsor. NASDAQ makes no representation regarding the advisability of investing in QQQ and makes no warranty and bears no liability with respect to QQQ, the Nasdaq-100 Index, its use or any data included therein. Invesco PowerShares Capital Management LLC (PowerShares), investment adviser and Invesco Distributors, Inc., ETF distributor, are indirect, wholly owned subsidiaries of Invesco Ltd. This does not constitute a recommendation of any investment strategy or product for a particular investor. Investors should consult a financial professional before making any investment decisions. Shares are not individually redeemable and owners of the shares may acquire those shares from the funds and tender those shares for redemption to the funds in creation unit aggregations only, typically consisting of 10,000, 50,000, 75,000, 100,000 or 200,000 shares. Before investing, investors should carefully read the prospectus/ summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the Funds call 800 983 0903 or visit powershares. com for prospectus/ summary prospectus.

P-TICKER-BRO-1 US11159 10/17 Invesco Distributors, Inc. powershares.com 800 983 0903 @PowerShares