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POWERSHARES EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED APRIL 20, 2018 TO THE PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION DATED AUGUST 28, 2017, AS PREVIOUSLY SUPPLEMENTED, IF APPLICABLE, AND TO THE PROSPECTUSES AND STATEMENTS OF ADDITIONAL INFORMATION DATED APRIL 9, 2018, AS PREVIOUSLY SUPPLEMENTED, IF APPLICABLE, OF:

 

PowerShares Aerospace & Defense Portfolio    PowerShares Russell 2000 Equal Weight Portfolio
PowerShares BuyBack Achievers™ Portfolio    PowerShares Russell 2000 Pure Growth Portfolio
PowerShares Cleantech™ Portfolio    PowerShares Russell 2000 Pure Value Portfolio
PowerShares Dividend Achievers™ Portfolio    PowerShares Russell Midcap Equal Weight Portfolio
PowerShares Dow Jones Industrial Average Dividend    PowerShares Russell Midcap Pure Growth Portfolio

Portfolio

   PowerShares Russell Midcap Pure Value Portfolio
PowerShares DWA Basic Materials Momentum Portfolio    PowerShares Russell Top 200 Equal Weight Portfolio
PowerShares DWA Consumer Cyclicals Momentum    PowerShares Russell Top 200 Pure Growth Portfolio

Portfolio

   PowerShares Russell Top 200 Pure Value Portfolio
PowerShares DWA Consumer Staples Momentum Portfolio    PowerShares S&P 100® Equal Weight Portfolio
PowerShares DWA Energy Momentum Portfolio    PowerShares S&P 500 BuyWrite Portfolio
PowerShares DWA Financial Momentum Portfolio    PowerShares S&P 500® Equal Weight Portfolio

PowerShares DWA Healthcare Momentum Portfolio

PowerShares DWA Industrials Momentum Portfolio

  

PowerShares S&P 500® Equal Weight Consumer Discretionary Portfolio

PowerShares DWA Momentum Portfolio    PowerShares S&P 500® Equal Weight Consumer Staples
PowerShares DWA NASDAQ Momentum Portfolio        Portfolio
PowerShares DWA Technology Momentum Portfolio    PowerShares S&P 500® Equal Weight Energy Portfolio
PowerShares DWA Utilities Momentum Portfolio    PowerShares S&P 500® Equal Weight Financials Portfolio
PowerShares Dynamic Biotechnology & Genome Portfolio    PowerShares S&P 500® Equal Weight Health Care Portfolio
PowerShares Dynamic Building & Construction Portfolio    PowerShares S&P 500® Equal Weight Industrials Portfolio
PowerShares Dynamic Energy Exploration & Production    PowerShares S&P 500® Equal Weight Materials Portfolio

Portfolio

   PowerShares S&P 500® Equal Weight Real Estate Portfolio
PowerShares Dynamic Food & Beverage Portfolio    PowerShares S&P 500® Equal Weight Technology Portfolio
PowerShares Dynamic Large Cap Growth Portfolio    PowerShares S&P 500® Equal Weight Utilities Portfolio
PowerShares Dynamic Large Cap Value Portfolio    PowerShares S&P 500® Pure Growth Portfolio
PowerShares Dynamic Leisure and Entertainment Portfolio    PowerShares S&P 500® Pure Value Portfolio
PowerShares Dynamic Market Portfolio    PowerShares S&P 500® Top 50 Portfolio
PowerShares Dynamic Media Portfolio    PowerShares S&P 500® Quality Portfolio
PowerShares Dynamic Networking Portfolio    PowerShares S&P MidCap 400® Equal Weight Portfolio
PowerShares Dynamic Oil & Gas Services Portfolio    PowerShares S&P MidCap 400® Pure Growth Portfolio

PowerShares Dynamic Pharmaceuticals Portfolio

PowerShares Dynamic Retail Portfolio

  

PowerShares S&P MidCap 400® Pure Value Portfolio

PowerShares S&P SmallCap 600® Equal Weight Portfolio

PowerShares Dynamic Semiconductors Portfolio    PowerShares S&P SmallCap 600® Pure Growth Portfolio
PowerShares Dynamic Software Portfolio    PowerShares S&P SmallCap 600® Pure Value Portfolio
PowerShares Financial Preferred Portfolio    PowerShares S&P Spin-Off Portfolio
PowerShares FTSE RAFI US 1000 Portfolio    PowerShares Water Resources Portfolio
PowerShares FTSE RAFI US 1500 Small-Mid Portfolio    PowerShares WilderHill Clean Energy Portfolio
PowerShares Global Listed Private Equity Portfolio    PowerShares WilderHill Progressive Energy Portfolio
PowerShares Golden Dragon China Portfolio    PowerShares Wilshire Micro-Cap Portfolio
PowerShares High Yield Equity Dividend Achievers™    PowerShares Zacks Micro Cap Portfolio

Portfolio

   PowerShares Zacks Mid-Cap Portfolio
PowerShares Insider Sentiment Portfolio    PowerShares Zacks Multi-Asset Income Portfolio
PowerShares International Dividend Achievers™ Portfolio   
PowerShares NASDAQ Internet Portfolio   

(each, a “Fund” and collectively, the “Funds”)

On April 19, 2018, the Board of Trustees of PowerShares Exchange-Traded Fund Trust (the “Trust”) approved changing the Funds’ names. Effective on or about June 4, 2018, the name of each Fund and all references thereto are changing as indicated below:

 

CURRENT NAME

  

NEW NAME

PowerShares Aerospace & Defense Portfolio    Invesco Aerospace & Defense ETF
PowerShares BuyBack Achievers™ Portfolio    Invesco BuyBack Achievers™ ETF


CURRENT NAME

  

NEW NAME

PowerShares Cleantech™ Portfolio

  

Invesco Cleantech™ ETF

PowerShares Dividend Achievers™ Portfolio

  

Invesco Dividend Achievers™ ETF

PowerShares Dow Jones Industrial Average Dividend Portfolio

  

Invesco Dow Jones Industrial Average Dividend ETF

PowerShares DWA Basic Materials Momentum Portfolio

  

Invesco DWA Basic Materials Momentum ETF

PowerShares DWA Consumer Cyclicals Momentum Portfolio

  

Invesco DWA Consumer Cyclicals Momentum ETF

PowerShares DWA Consumer Staples Momentum Portfolio

  

Invesco DWA Consumer Staples Momentum ETF

PowerShares DWA Energy Momentum Portfolio

  

Invesco DWA Energy Momentum ETF

PowerShares DWA Financial Momentum Portfolio

  

Invesco DWA Financial Momentum ETF

PowerShares DWA Healthcare Momentum Portfolio

  

Invesco DWA Healthcare Momentum ETF

PowerShares DWA Industrials Momentum Portfolio

  

Invesco DWA Industrials Momentum ETF

PowerShares DWA Momentum Portfolio

  

Invesco DWA Momentum ETF

PowerShares DWA NASDAQ Momentum Portfolio

  

Invesco DWA NASDAQ Momentum ETF

PowerShares DWA Technology Momentum Portfolio

  

Invesco DWA Technology Momentum ETF

PowerShares DWA Utilities Momentum Portfolio

  

Invesco DWA Utilities Momentum ETF

PowerShares Dynamic Biotechnology & Genome Portfolio

  

Invesco Dynamic Biotechnology & Genome ETF

PowerShares Dynamic Building & Construction Portfolio

  

Invesco Dynamic Building & Construction ETF

PowerShares Dynamic Energy Exploration & Production Portfolio

  

Invesco Dynamic Energy Exploration & Production ETF

PowerShares Dynamic Food & Beverage Portfolio

  

Invesco Dynamic Food & Beverage ETF

PowerShares Dynamic Large Cap Growth Portfolio

  

Invesco Dynamic Large Cap Growth ETF

PowerShares Dynamic Large Cap Value Portfolio

  

Invesco Dynamic Large Cap Value ETF

PowerShares Dynamic Leisure and Entertainment Portfolio

  

Invesco Dynamic Leisure and Entertainment ETF

PowerShares Dynamic Market Portfolio

  

Invesco Dynamic Market ETF

PowerShares Dynamic Media Portfolio

  

Invesco Dynamic Media ETF

PowerShares Dynamic Networking Portfolio

  

Invesco Dynamic Networking ETF

PowerShares Dynamic Oil & Gas Services Portfolio

  

Invesco Dynamic Oil & Gas Services ETF

PowerShares Dynamic Pharmaceuticals Portfolio

  

Invesco Dynamic Pharmaceuticals ETF

PowerShares Dynamic Retail Portfolio

  

Invesco Dynamic Retail ETF

PowerShares Dynamic Semiconductors Portfolio

  

Invesco Dynamic Semiconductors ETF

PowerShares Dynamic Software Portfolio

  

Invesco Dynamic Software ETF

PowerShares Financial Preferred Portfolio

  

Invesco Financial Preferred ETF

PowerShares FTSE RAFI US 1000 Portfolio

  

Invesco FTSE RAFI US 1000 ETF

 

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CURRENT NAME

  

NEW NAME

PowerShares FTSE RAFI US 1500 Small-Mid Portfolio

  

Invesco FTSE RAFI US 1500 Small-Mid ETF

PowerShares Global Listed Private Equity Portfolio

  

Invesco Global Listed Private Equity ETF

PowerShares Golden Dragon China Portfolio

  

Invesco Golden Dragon China ETF

PowerShares High Yield Equity Dividend Achievers™ Portfolio

  

Invesco High Yield Equity Dividend Achievers™ ETF

PowerShares Insider Sentiment Portfolio

  

Invesco Insider Sentiment ETF

PowerShares International Dividend Achievers™ Portfolio

  

Invesco International Dividend Achievers™ ETF

PowerShares NASDAQ Internet Portfolio

  

Invesco NASDAQ Internet ETF

PowerShares Russell 2000 Equal Weight Portfolio

  

Invesco Russell 2000 Equal Weight ETF

PowerShares Russell 2000 Pure Growth Portfolio

  

Invesco Russell 2000 Pure Growth ETF

PowerShares Russell 2000 Pure Value Portfolio

  

Invesco Russell 2000 Pure Value ETF

PowerShares Russell Midcap Equal Weight Portfolio

  

Invesco Russell Midcap Equal Weight ETF

PowerShares Russell Midcap Pure Growth Portfolio

  

Invesco Russell Midcap Pure Growth ETF

PowerShares Russell Midcap Pure Value Portfolio

  

Invesco Russell Midcap Pure Value ETF

PowerShares Russell Top 200 Equal Weight Portfolio

  

Invesco Russell Top 200 Equal Weight ETF

PowerShares Russell Top 200 Pure Growth Portfolio

  

Invesco Russell Top 200 Pure Growth ETF

PowerShares Russell Top 200 Pure Value Portfolio

  

Invesco Russell Top 200 Pure Value ETF

PowerShares S&P 100® Equal Weight Portfolio

  

Invesco S&P 100® Equal Weight ETF

PowerShares S&P 500 BuyWrite Portfolio

  

Invesco S&P 500 BuyWrite ETF

PowerShares S&P 500® Equal Weight Portfolio

  

Invesco S&P 500® Equal Weight ETF

PowerShares S&P 500® Equal Weight Consumer Discretionary Portfolio

  

Invesco S&P 500® Equal Weight Consumer Discretionary ETF

PowerShares S&P 500® Equal Weight Consumer Staples Portfolio

  

Invesco S&P 500® Equal Weight Consumer Staples ETF

PowerShares S&P 500® Equal Weight Energy Portfolio

  

Invesco S&P 500® Equal Weight Energy ETF

PowerShares S&P 500® Equal Weight Financials Portfolio

  

Invesco S&P 500® Equal Weight Financials ETF

PowerShares S&P 500® Equal Weight Health Care Portfolio

  

Invesco S&P 500® Equal Weight Health Care ETF

PowerShares S&P 500® Equal Weight Industrials Portfolio

  

Invesco S&P 500® Equal Weight Industrials ETF

PowerShares S&P 500® Equal Weight Materials Portfolio

  

Invesco S&P 500® Equal Weight Materials ETF

PowerShares S&P 500® Equal Weight Real Estate Portfolio

  

Invesco S&P 500® Equal Weight Real Estate ETF

PowerShares S&P 500® Equal Weight Technology Portfolio

  

Invesco S&P 500® Equal Weight Technology ETF

PowerShares S&P 500® Equal Weight Utilities Portfolio

  

Invesco S&P 500® Equal Weight Utilities ETF

PowerShares S&P 500® Pure Growth Portfolio

  

Invesco S&P 500® Pure Growth ETF

PowerShares S&P 500® Pure Value Portfolio

  

Invesco S&P 500® Pure Value ETF

PowerShares S&P 500® Top 50 Portfolio

  

Invesco S&P 500® Top 50 ETF

 

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CURRENT NAME

  

NEW NAME

PowerShares S&P 500® Quality Portfolio

  

Invesco S&P 500® Quality ETF

PowerShares S&P MidCap 400® Equal Weight Portfolio

  

Invesco S&P MidCap 400® Equal Weight ETF

PowerShares S&P MidCap 400® Pure Growth Portfolio

  

Invesco S&P MidCap 400® Pure Growth ETF

PowerShares S&P MidCap 400® Pure Value Portfolio

  

Invesco S&P MidCap 400® Pure Value ETF

PowerShares S&P SmallCap 600® Equal Weight Portfolio

  

Invesco S&P SmallCap 600® Equal Weight ETF

PowerShares S&P SmallCap 600® Pure Growth Portfolio

  

Invesco S&P SmallCap 600® Pure Growth ETF

PowerShares S&P SmallCap 600® Pure Value Portfolio

  

Invesco S&P SmallCap 600® Pure Value ETF

PowerShares S&P Spin-Off Portfolio

  

Invesco S&P Spin-Off ETF

PowerShares Water Resources Portfolio

  

Invesco Water Resources ETF

PowerShares WilderHill Clean Energy Portfolio

  

Invesco WilderHill Clean Energy ETF

PowerShares WilderHill Progressive Energy Portfolio

  

Invesco WilderHill Progressive Energy ETF

PowerShares Wilshire Micro-Cap Portfolio

  

Invesco Wilshire Micro-Cap ETF

PowerShares Zacks Micro Cap Portfolio

  

Invesco Zacks Micro Cap ETF

PowerShares Zacks Mid-Cap Portfolio

  

Invesco Zacks Mid-Cap ETF

PowerShares Zacks Multi-Asset Income Portfolio

  

Invesco Zacks Multi-Asset Income ETF

On April 19, 2018, the Board of Trustees of the Trust approved changing the Trust’s name. Effective on or about June 4, 2018, the name of the Trust and all references thereto are changing as indicated below:

 

CURRENT NAME

  

NEW NAME

PowerShares Exchange-Traded Fund Trust

  

Invesco Exchange-Traded Fund Trust

In addition, effective on or about June 4, 2018, the names of the following trusts and all references thereto are changing as indicated below:

 

CURRENT NAME

  

NEW NAME

PowerShares Exchange-Traded Fund Trust II    Invesco Exchange-Traded Fund Trust II
PowerShares Actively Managed Exchange-Traded Fund Trust    Invesco Actively Managed Exchange-Traded Fund Trust
PowerShares Actively Managed Exchange-Traded Commodity Fund Trust    Invesco Actively Managed Exchange-Traded Commodity Fund Trust
PowerShares India Exchange-Traded Fund Trust    Invesco India Exchange-Traded Fund Trust
PowerShares Exchange-Traded Self-Indexed Fund Trust    Invesco Exchange-Traded Self-Indexed Fund Trust

 

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Effective on or about June 4, 2018, the name of the investment adviser is changing from “Invesco PowerShares Capital Management LLC” to “Invesco Capital Management LLC” and all references thereto are changing accordingly.

Effective on or about June 4, 2018, any and all references to “PowerShares family of ETFs” are hereby changing to “Invesco family of ETFs”.

Effective on or about June 4, 2018, www.powershares.com is changing to www.invesco.com, info@powershares.com is changing to info@invesco.com, and www.powershares.com/capitalmarkets is changing to www.invesco.com/capitalmarkets, as applicable.

Effective on or about June 4, 2018, any and all references to “PowerShares” are changing to “Invesco”.

Please Retain This Supplement for Future Reference.

P-BRAND-SUP-1 042018

 

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