The PowerShares Middle East North Africa UCITS ETF is based on the NASDAQ OMX Middle East North Africa Index. The Index seeks to provide direct exposure to liquid stocks of companies domiciled in Middle East North Africa countries, which include Egypt, Morocco, Oman, Lebanon, Jordan, Kuwait, Bahrain, Qatar, Saudi Arabia, Tunisia and United Arab Emirates. Currently, Saudi Arabia and Tunisia are excluded from the eligible universe but may be included subsequently. With effect from 5 January 2011, to achieve this investment objective the PowerShares Middle East North Africa NADAQ OMX Fund will gain exposure to the Index primarily through the use of swaps.
aFund history and all inception performance are based on the Fund inception date: 29/1/2009.
(*) Index of the Invesco PowerShares ETF. (**) Market cap index for illustrative purpose only.
Please note that 1 year, 3 years and 5 years figures of the NASDAQ OMX Middle East North Africa Index are back tested returns. NASDAQ calculated back tested returns for this index. Simulated past performance is not a reliable indicator of future. All other index history is based on the available historical performance of the index.
Total Returns are based on the closing market price. Past performance is not an indication of future performance, provides no guarantee for the future and is not constant over time. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. ETF performance is net of TER, while index performance is gross of fees. Investors cannot buy an index directly.
The fund is not sponsored or endorsed by Morgan Stanley and Morgan Stanley has not been involved in the preparation of this fact sheet.
This marketing document is directed at Professional Clients in France only and is not for consumer use.
While this ETF will seek to track the NASDAQ OMX Middle East North Africa Index, this cannot be guaranteed. There is potential for increased volatility in emerging stock markets, and only a modest proportion of investable wealth should be invested in them.
Where Invesco PowerShares has expressed views and opinions, these may change without notice. The price of ETFs and any income will fluctuate, this may partly be the result of exchange rate fluctuations, and investors may not get back the full amount invested. Past performance is not an indication of future performance, provides no guarantee for the future and is not constant over time. Whilst an ETF will seek to track an Index, Invesco PowerShares does not guarantee that this will occur. When making an investment in an ETF you are buying shares in a company that is listed on a stock exchange. The price of the shares will be determined by supply and demand. It is expected that shares in the ETFs will trade closely to their NAV, and because of the exchange-traded fund structure, it is expected that a significant discount or premium of price to asset value will not be sustainable over the long term. However, supply and demand in the shares on the relevant exchange together with any disruptions to creations and redemptions of units in the underlying fund may result in share prices that differ significantly from the NAVs and there can be no certainty that there will be liquidity in the shares on any exchange. Only Authorised Participants, as defined in the Full Prospectus of the ETF, can request the Manager to create and redeem units in the underlying fund. Any investment in an ETF should be made on the basis of the relevant Full Prospectus, Simplified Prospectus and Supplement, including consideration of the investment objective, risks, charges and expenses. Further information on the ETFs, including the Full Prospectus, Simplified Prospectuses and Supplements is available at www.invescopowershares.net, from your adviser or broker. This document is intended for information purposes in regard to the existence and potential benefits of investing in ETFs. However, it is not intended to provide specific investment advice including, without limitation, investment, financial, legal, accounting or tax advice, or to make any recommendations about the suitability of the ETF for the circumstances of any particular investor. You should take appropriate advice as to any securities, taxation or other legislation affecting you prior to investment.
France: This document is issued in France by Invesco Asset Management S.A., 18, rue de Londres, 75009 Paris.
The ETFs are not issued, sold or promoted by the index providers. The index providers make no warranties and bear no liability with respect to the ETFs. For more information about the index providers, please see the information available on the website www.invescopowershares.net on the Prospectus Page.