PowerShares S&P/TSX Composite Low Volatility Index ETF - TLV

ETF Overview

The fund seeks to replicate, before fees and expenses, the performance of the S&P/TSX Composite Low Volatility Index.

The index is designed to measure the performance of the 50 stocks from the S&P/TSX Composite Index with the lowest realized volatility over the past 252 trading days as of the most recent quarterly rebalancing.

Volatility is defined for this purpose as the standard deviation of the security's daily price returns, and reflects the magnitude of the security's price fluctuations over this time period.

Additional Index Information

The S&P/TSX Composite Low Volatility Index is designed to measure the performance of the 50 least volatile stocks in the S&P/TSX Composite Index.

The Index measures the performance of the least volatile stocks in Canadian listed universe.

The index benchmarks low volatility or low variance strategies. Constituents are weighted relative to the inverse of their corresponding volatility, with the least volatile stocks receiving the highest weights.

Key ETF Data

Fundamentals
Category (main)	Canadian Equity: Broad Equities / Minimum Volatility
Category (other)	Minimum Volatility
Underlying Index	S&P/TSX Composite Low Volatility Index
ETF Structure	Passive type. Endeavours to return the Index return before fees/costs
Asset Class	Equity
Region	Canada
Issuer	Invesco (Canada)
ETF Home Page	Available here

Fund Facts
Inception Date	Apr 24, 2012
Total Holdings	50
Distribution Frequency	Monthly
Leverage	None
Significant Currency Exposure	No
Currency Hedging	Not applicable

Fees
Management Fee	0.30%
Management Expense Ratio (MER)	0.32% *

* 2012

Trading Information
Ticker	TLV
Exchange	TSX (Toronto Stock Exchange)
Currency	CAD

Eligibility
Eligibility *	RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available **	Unknown
PACC Plan available **	Unknown
SWP available **	Unknown

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: