Five years ago today, the PowerShares DWA Technical Leaders Portfolio (PDP) began trading on the NYSE. PDP has outperformed the S&P 500 since inception and for each of the periods shown below!
The PowerShares DWA Technical Leaders Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index includes approximately 100 U.S.-listed companies that demonstrate powerful relative strength characteristics. The Index is constructed pursuant to Dorsey Wright proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest U.S.-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. The Index is reconstituted and rebalanced quarterly using the same methodology described above.
PowerShares DWA Technical Leaders NYSE Bell Ringing Ceremony 3/1/2007.
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