Product Details:
The PowerShares DWA Tactical Multi-Asset Income Portfolio (the “Fund”) is based on the Dorsey Wright® Multi-Asset Income Index (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index. The Fund is a “fund of funds,” meaning that it invests its assets in the shares of other, underlying exchange-traded funds eligible for inclusion in the Index, rather than in securities of individual companies. The Index is designed to select investments from a universe of income strategies with the criteria for inclusion based on a combination of relative strength and current yield. The Fund and the Index are evaluated monthly for potential rebalance and reconstitution.
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Investors cannot invest directly in an index. Indexes have no fees. The relative strength strategy is NOT a guarantee. There may be times where all investments and strategies are unfavorable and depreciate in value. Neither the information within this blog post, nor any opinion expressed, shall constitute an offer to sell or a solicitation or an offer to buy any securities, commodities, or exchange traded products. This blog post does not purport to be a complete description of the securities or markets to which reference is made.
