PowerShares Variable Rate Preferred Portfolio — new fund registration

PowerShares Exchange-Traded Fund Trust II registered 1 new fund series on Form 485APOS, filed 2014-01-29. Featured series: PowerShares Variable Rate Preferred Portfolio.

Registration

Registrant / trust: PowerShares Exchange-Traded Fund Trust II
CIK: 0001378872
Form: 485APOS
Filed: 2014-01-29
Accession: 0001104659-14-004625
Reported net assets: $2.9B

Series & classes (1)

Series	Class	Ticker	New
PowerShares Variable Rate Preferred Portfolio	PowerShares Variable Rate Preferred Portfolio	VRP	Yes

Fees (from the effective prospectus)

Gross expense ratio: 0.50%
Management fee: 0.50%
Other expenses: 0.00%

Investment objective

The Invesco Variable Rate Preferred ETF (the Fund) seeks to track the investment results (before fees and expenses) of the ICE Variable Rate Preferred & Hybrid Securities Index (the Underlying Index).

Advisers

Invesco Capital Management LLC (Advisor)