Welcome, Guest Sign In | Register Search Invesco PowerShares is the sponsor of the BLDRS family of exchange-traded funds (ETFs). BLDRS (Baskets of Listed Depositary Receipts) give investors international equity exposure through portfolios that are flexible and liquid. BLDRS are based on The Bank of New York Mellon ADR (American Depositary Receipt) Index, a real-time index tracking U.S.-traded depositary receipts. The BLDRS family currently includes four ETFs: two market index funds and two regional index funds. BLDRS Asia 50 ADR Index Fund (ADRA) Based on The Bank of New York Mellon Asia 50 ADR Index, which is designed to track the performance of approximately 50 Asian market-based ADRs. Prospectus | Fund Details BLDRS Developed Markets ADR Index Fund (ADRD) Based on The Bank of New York Mellon Developed Markets 100 ADR Index, which is designed to track the performance of approximately 100 developed market-based ADRs. Prospectus | Fund Details BLDRS Emerging Markets 50 ADR Index Fund (ADRE) Based on The Bank of New York Mellon Emerging Markets 50 ADR Index, which is designed to track the performance of approximately 50 emerging market-based ADRs. Prospectus | Fund Details BLDRS Europe Select ADR Index Fund (ADRU) Based on The Bank of New York Mellon Europe Select ADR Index, which is designed to track the performance of approximately 100 European market-based ADRs. Prospectus | Fund Details The BLDRS family of ETFs is designed for investors seeking international equity exposure with maximum flexibility, liquidity and the ability to execute more advanced investment strategies such as short selling, buying on margin, hedging risk and using arbitrage. BLDRS seeks to deliver these potential benefits without the challenges normally associated with international investing, such as investing in local trading markets, inefficient trade settlements, uneven custody services and costly currency conversions. Benefits of BLDRS Broad Exposure Each BLDRS Index is capitalization weighted to help ensure diversification and is screened for liquidity, minimum share price and market capitalization to help with the ease of trading. Each Bank of New York Mellon ADR Index gives investors international exposure through the collective performance of each index's respective portfolio of depositary receipts. BLDRS Funds seek to offer the advantages of indexing with the the purchase of a single security. Tax Efficiency1 PowerShares BLDRS ETFs may serve as tax-efficient investment tools for shareholders who wish to defer capital gains until the point of sale. The in-kind structure of PowerShares BLDRS ETFs allows them to manage their taxable positions in a way that mitigates the risk of capital gains distributions to shareholders. Transparency PowerShares BLDRS ETFs publish their holdings every day. All fund expenses are fully disclosed and freely available to investors - PowerShares BLDRS ETFs have no hidden fees. Flexibility PowerShares BLDRS ETFs offer investment flexibility, allowing investors to buy and sell shares throughout the day on an exchange. Investors can use PowerShares BLDRS ETFs to implement advanced trading techniques such as purchasing on margin, short selling and placing limit and stop orders. Trade at or Near NAV PowerShares BLDRS ETFs generally trade at or near the value of the holdings that compose each fund — meaning that market speculation generally won’t drive the price of PowerShares BLDRS ETFs. Shares of PowerShares BLDRS ETFs may trade at a discount or premium to the net asset value of those underlying securities. Fund Links: Asia 50 (ADRA) Fund Details Performance Distributions Prospectus Fund Holdings Developed Markets (ADRD) Fund Details Performance Distributions Prospectus Fund Holdings Emerging Markets (ADRE) Fund Details Performance Distributions Prospectus Fund Holdings Europe 100 (ADRU) Fund Details Performance Distributions Prospectus Fund Holdings 1 Invesco PowerShares does not offer tax advice. Please consult your own tax adviser for information regarding your own tax situation. While it is not Invesco PowerShares intention, there is no guarantee that the Funds will not distribute capital gains to its shareholders. BLDRS (ADRA, ADRE, ADRD, ADRU) Investing in securities of small and medium-sized companies may involve greater risk than is customarily associated with investing in large companies. Foreign securities have additional risks, including exchange-rate changes, decreased market liquidity, political instability and taxation by foreign governments. Investment in securities in emerging market countries involves risks not associated with investments in securities in developed countries. See each Fund's prospectus for more detailed information. BLDRS and Baskets of Listed Depositary Receipts are registered trademarks of The Bank of New York Mellon Corporation and have been licensed for use by Invesco PowerShares Capital Management LLC, BLDRS' sponsor. BNY Mellon makes no representation regarding the advisability of investing in BLDRS and makes no warranty and bears no liability with respect to BLDRS or Baskets of Listed Depositary Receipts, its use or any data included therein. General Risk Disclosure There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. ©2014 Invesco PowerShares Capital Management LLC PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd. Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust, the PowerShares Exchange- Traded Fund Trust II, the PowerShares India Exchange-Traded Fund Trust and the PowerShares Actively Managed Exchange-Traded Fund Trust. ALPS Distributors, Inc. is the distributor of PowerShares QQQ, BLDRS Funds and PowerShares DB Funds. PowerShares QQQ and BLDRS Funds are unit investment trusts. Invesco PowerShares and Invesco Distributors, Inc. are not affiliated with ALPS Distributors, Inc. PowerShares DB ETNs are senior unsecured obligations issued by Deutsche Bank AG, London Branch. Certain marketing services may be provided for these products by Invesco Distributors, Inc. or its affiliate, Invesco PowerShares Capital Management LLC. Neither firm is affiliated with Deutsche Bank. Certain marketing services may be provided for the DB ETNS and DB ETFs by Invesco Distributors, Inc. or its affiliate, Invesco PowerShares Capital Management LLC. Invesco Distributors, Inc. will be compensated by Deutsche Bank or its affiliates for providing these marketing services. Neither Invesco Distributors, Inc. nor Invesco PowerShares is affiliated with Deutsche Bank. Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000, 75,000, 100,000 or 200,000 Shares. Shares are not FDIC insured, may lose value and have no bank guarantee. View the Legal Notice