About S&P 500 Low Volatility Powershares ETF
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500Â® Low Volatility Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. It generally invests in all of the securities comprising the underlying index in proportion to their weightings in the underlying index. The fund is non-diversified.