Asset Class: International - Developed
ETF Structure: Open-End Fund
PowerShares FTSE RAFI Europe Small-Mid (PWD) ETF Snapshot
The PowerShares FTSE RAFI Europe Small-Mid Portfolio is based on the FTSE RAFI Developed Europe Mid Small Index. The Index is designed to track the performance of small capitalization European equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Fundamentals Weighted portfolio is rebalanced and reconstituted annually.