PowerShares Exchange-Traded Fund Trust II - PowerShares Global Steel Portfolio

As of March 7, 2013 PowerShares Exchange-Traded Fund Trust II - PowerShares Global Steel Portfolio has gone out of business. PowerShares Exchange-Traded Fund Trust II - PowerShares Global Steel Portfolio is an exchange traded fund launched and managed by Invesco PowerShares Capital Management LLC. The fund invests in the public equity markets across the globe. The fund seeks to invest in the stocks of companies operating in steel sector with a focus on manufacturing and storage of iron and steel products. It primarily invests in the stocks of large-cap companies. The fund seeks to replicate the performance of NASDAQ OMX Global Steel Index by investing in the stocks of companies as per their weightings in the index. PowerShares Exchange-Traded Fund Trust II - PowerShares Global Steel Portfolio was formed on September 16, 2008 and is domiciled in the United States.