BLDRS Emerging Markets 50 ADR Index Fund (the Fund) seeks to track The BNY Emerging Markets 50 ADR Index. The BNY Emerging Markets 50 ADR Index includes 50 component depositary receipts representing the securities issued by 50 of the most actively traded companies from the international and emerging markets having a free-float market capitalization ranging from approximately $5 billion to over $68 billion. The The BNY Emerging Markets 50 ADR Index is a capitalization-weighted index. The portfolio is rebalanced quarterly and reconstituted annually. The portfolio of the Fund consists of substantially all of the securities, in substantially the same weighting, as the component securities of The BNY Emerging Markets 50 ADR Index. PowerShares Capital Management LLC is the sponsor of BLDRS Index Funds Trust, a unit investment trust, which holds the Fund.