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Terms & Conditions

Please read the following terms and conditions carefully. Use of this website is conditioned upon, and signifies your agreement to, the following terms and conditions listed here and throughout this website. Invesco PowerShares Capital Management LLC may amend these terms and conditions. Each use of this site reaffirms your acceptance of the terms and conditions contained within this website at that time of use.

Terms of Use

While we have tried to present timely and accurate information, and have relied on sources we believe to be reliable, technical and factual inaccuracies may occur. Invesco PowerShares Capital Management LLC does not warrant the accuracy and completeness, either expressly or implied, of the materials presented on this website. ALL INFORMATION IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND. Invesco PowerShares Capital Management LLC, nor its affiliates, directors, officers or employees will be liable or have any responsibility for any loss or damage due to failure or interruption of this site or resulting from an act or omission making data contained within this site unavailable.

This site may provide links to other web sites. Third parties, over whom Invesco PowerShares Capital Management LLC exercises no control, maintain these web sites. Invesco PowerShares Capital Management LLC expressly disclaims any responsibility for the content, accuracy of information, and availability of and/or quality of products, services or software provided by or advertised on any third-party web sites. If you leave this site through a hyperlink, or any other means, you do so at your own risk. Invesco PowerShares Capital Management LLC is not responsible or liable for any content or other materials on or available through such sites or any losses related thereto.

Copyright/Trademark/License

All content, information, products and services available on or through this site are owned, licensed or controlled by Invesco PowerShares Capital Management LLC or its affiliates. This website is also protected under United States copyright laws. This site is copyright ©2012 Invesco PowerShares Capital Management LLC. All rights reserved. No permission is granted to copy, distribute, modify, post or frame any text, graphics, video, audio, software code, or user interface design or logos. Without the advance written permission of Invesco PowerShares Capital Management LLC, you may not sell, copy, publish, "mirror" on any other server, distribute, modify, transfer or reproduce any material contained on this site. Notwithstanding the foregoing, any materials provided by third parties may be subject to additional and/or different terms of use and restrictions that control the use of such materials. Unauthorized use of any material contained on this site may violate copyright laws, trademark laws, trade secret laws, the laws of privacy and publicity, and communications regulations and statutes. Request for consent must be made in writing and should be mailed to Invesco PowerShares Capital Management LLC, 3500 Lacey Road, Suite 700, Downers Grove, IL 60515.

Disclaimer

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 risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply.

Shares are not individually redeemable, and owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only, typically consisting of 50,000, 75,000, 100,000 or 200,000 shares.

PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC, investment adviser. Invesco PowerShares Capital Management LLC (Invesco PowerShares) and Invesco Distributors, Inc., ETF distributor, are indirect, wholly owned subsidiaries of Invesco Ltd.

Invesco PowerShares Prospectus

Invesco is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Website: nasba.org

Shares are not FDIC insured, may lose value and have no bank guarantee.

Information contained in this site is for informational and non-commercial purposes only. You should not construe any information of other content available on or through this site as a solicitation, offer or recommendation to acquire or dispose of any investment or to engage in any other transaction.

The information available on this site is reviewed and updated with due diligence on a regular basis, however, information available on this site may become outdated. Invesco PowerShares Capital Management LLC does not assume any liability or guarantee for the timeliness, accuracy and completeness of the information provided herein. Invesco PowerShares Capital Management LLC makes reasonable efforts to obtain content for this site from sources it believes to be reliable, but makes no representation or warranty that the information available on this site is correct, accurate, complete or reliable. The information on this site is provided for informational purposes only and is subject to change without notice. Nothing contained on this site constitutes investment, legal, tax or other advice nor is it to be relied on in making an investment or any other decision. The investments and strategies discussed on this site may not be suitable for you and you should consult with your personal tax, legal and investment advisers before making any investment decision.

Due to the possibility of human, mechanical and electronic errors, as well as many other factors, Invesco PowerShares Capital Management LLC is not responsible for any errors and omissions in information contained within this site, and the information, products and services available on or through it, are provided "as is," without warranty of any kind, either express or implied, including without limitation: (a) any warranties concerning availability, accuracy or content; and (b) any warranties of title or warranties of merchantability or fitness for a particular purpose.

Invesco PowerShares Capital Management LLC shall not, in any event, be liable for any direct or indirect, special, incidental or consequential damages, including but not limited to lost profits, trading or other losses, expenses and damages that result from inconvenience, delay or loss of use of this site, arising in connection with use of this site or the products and services available on or through this site, even if Invesco PowerShares Capital Management LLC, or its representatives, are advised of the possibility of such damages or losses.

Indemnification

By use of this site, you agree to indemnify and hold harmless Invesco PowerShares Capital Management LLC, its subsidiaries and affiliates, and the officers, directors, employees, and agents of Invesco PowerShares Capital Management LLC and their subsidiaries and affiliates, from and against any and all claims, proceedings, liabilities, damages, losses, costs and expenses, including reasonable attorney's fees and litigation expenses, relating to or arising from your access to or use of this site and any breach by you of these terms and conditions or other improper act or omission by you. Amendment of these terms and conditions may only be made in writing by Invesco PowerShares Capital Management LLC.

This site is not intended for distribution to or use by any person in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. The information on this site shall not be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offering or solicitation would be unlawful under the securities laws of such jurisdiction. Invesco PowerShares Capital Management LLC makes no representations or warranties that this site content is applicable to or appropriate for use in locations outside of the United States.

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