PowerShares International Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the International Dividend Achievers Index (the Index). The Index is designed to track the performance of dividend paying American depositary receipts and non-United States common or ordinary stocks trading on the NYSE or NASDAQ. To become eligible for inclusion in the Index, a company’s aggregate annual regular dividend payments must have increased consistently over the course of the last five calendar or fiscal years. The portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Fund’s investment advisor is Invesco PowerShares Capital Management LLC.