0001104659-13-086584.txt : 20131122 0001104659-13-086584.hdr.sgml : 20131122 20131122133724 ACCESSION NUMBER: 0001104659-13-086584 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20131122 DATE AS OF CHANGE: 20131122 EFFECTIVENESS DATE: 20131122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PowerShares Exchange-Traded Fund Trust II CENTRAL INDEX KEY: 0001378872 IRS NUMBER: 000000000 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-138490 FILM NUMBER: 131237661 BUSINESS ADDRESS: STREET 1: 301 West Roosevelt Road CITY: Wheaton STATE: IL ZIP: 60187 BUSINESS PHONE: 800-983-0903 MAIL ADDRESS: STREET 1: 301 West Roosevelt Road CITY: Wheaton STATE: IL ZIP: 60187 FORMER COMPANY: FORMER CONFORMED NAME: PowerShares Global Exchange-Traded Fund Trust DATE OF NAME CHANGE: 20061023

0001378872 S000019245 PowerShares Insured National Municipal Bond Portfolio

C000053071 PowerShares Insured National Municipal Bond Portfolio PZA

0001378872 S000019411 PowerShares Insured California Municipal Bond Portfolio

C000053967 PowerShares Insured California Municipal Bond Portfolio PWZ

0001378872 S000019412 PowerShares Insured New York Municipal Bond Portfolio

C000053968 PowerShares Insured New York Municipal Bond Portfolio PZT

497 1 a13-23250_5497.htm 497

PowerShares Exchange-Traded Fund Trust II

3500 Lacey Road, Suite 700

Downers Grove, IL 60515

November 22, 2013

BY EDGAR

Securities and Exchange Commission

100 F Street NE

Washington DC 20549

Ladies and Gentlemen:

PowerShares Exchange-Traded Fund Trust II

1933 Act Registration No. 333-138490

1940 Act Registration No. 811-21977

On behalf of PowerShares Exchange-Traded Fund Trust II, we are transmitting for electronic filing under the Securities Act of 1933, as amended, and Rule 497(e) thereunder, and the Investment Company Act of 1940, as amended, exhibits containing XBRL interactive data format risk/return summary information that mirrors the risk/return summary information contained in the prospectus, dated March 1, 2013, relating to the PowerShares Insured California Municipal Bond Portfolio, PowerShares Insured New York Municipal Bond Portfolio and PowerShares Insured National Municipal Bond Portfolio, as supplemented October 31, 2013, and filed pursuant to Rule 497(e) under the Securities Act of 1933, as amended.

The purpose of this filing is to submit the data in eXtensible Business Reporting Language format for the PowerShares Insured California Municipal Bond Portfolio, PowerShares Insured New York Municipal Bond Portfolio and PowerShares Insured National Municipal Bond Portfolio.

Very truly yours,

POWERSHARES EXCHANGE-TRADED FUND TRUST II

/s/ Anna Paglia
Anna Paglia
Secretary

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The paragraph below also is added to the section titled "Summary Information—Principal Risks of Investing in the Fund" on page 52 for PowerShares Insured National Municipal Bond Portfolio. Puerto Rican Municipal Securities Risk. Adverse market, political, economic or other conditions or developments within Puerto Rico may negatively affect the value of the Fund's holdings in Puerto Rican municipal obligations. The Puerto Rican economy is reliant on manufacturing, services and tourism, and its economy and financial operations parallel the economic cycles of those in the United States. Current economic difficulties in the United States are likely to have an adverse impact on the overall economy of Puerto Rico. Moreover, like many other U.S. states and municipalities, Puerto Rico experienced a significant downturn during the recent recession. Puerto Rico continues to face significant fiscal challenges, including persistent government deficits, underfunded public pension benefit obligations, underfunded government retirement systems, sizable debt service obligations and a high unemployment rate. Many ratings organizations recently have downgraded a number of securities issued in Puerto Rico or placed them on "negative watch." If the economic situation in Puerto Rico persists or worsens, the volatility, credit quality and performance of the Fund could be adversely affected. Please Retain This Supplement For Future Reference. POWERSHARES EXCHANGE-TRADED FUND TRUST II SUPPLEMENT DATED OCTOBER 31, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013 OF: PowerShares 1-30 Laddered Treasury Portfolio PowerShares Build America Bond Portfolio PowerShares CEF Income Composite Portfolio PowerShares Chinese Yuan Dim Sum Bond Portfolio PowerShares Emerging Markets Sovereign Debt Portfolio PowerShares Fundamental High Yield® Corporate Bond Portfolio PowerShares Fundamental Investment Grade Corporate Bond Portfolio PowerShares Insured California Municipal Bond Portfolio PowerShares Insured National Municipal Bond Portfolio PowerShares Insured New York Municipal Bond Portfolio PowerShares International Corporate Bond Portfolio PowerShares Preferred Portfolio PowerShares Senior Loan Portfolio PowerShares VRDO Tax-Free Weekly Portfolio Effective immediately, the Prospectus is revised as follows: PowerShares Insured New York Municipal Bond Portfolio PZT •  The paragraphs titled "Summary Information—Principal Risks of Investing in the Fund—Puerto Rican Municipal Securities Risk" for each of PowerShares Insured California Municipal Bond Portfolio and PowerShares Insured New York Municipal Bond Portfolio on pages 46 and 58, respectively, are deleted and replaced with the paragraph below. The paragraph below also is added to the section titled "Summary Information—Principal Risks of Investing in the Fund" on page 52 for PowerShares Insured National Municipal Bond Portfolio. Puerto Rican Municipal Securities Risk. Adverse market, political, economic or other conditions or developments within Puerto Rico may negatively affect the value of the Fund's holdings in Puerto Rican municipal obligations. The Puerto Rican economy is reliant on manufacturing, services and tourism, and its economy and financial operations parallel the economic cycles of those in the United States. Current economic difficulties in the United States are likely to have an adverse impact on the overall economy of Puerto Rico. Moreover, like many other U.S. states and municipalities, Puerto Rico experienced a significant downturn during the recent recession. Puerto Rico continues to face significant fiscal challenges, including persistent government deficits, underfunded public pension benefit obligations, underfunded government retirement systems, sizable debt service obligations and a high unemployment rate. Many ratings organizations recently have downgraded a number of securities issued in Puerto Rico or placed them on "negative watch." If the economic situation in Puerto Rico persists or worsens, the volatility, credit quality and performance of the Fund could be adversely affected. Please Retain This Supplement For Future Reference. POWERSHARES EXCHANGE-TRADED FUND TRUST II SUPPLEMENT DATED OCTOBER 31, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013 OF: PowerShares 1-30 Laddered Treasury Portfolio PowerShares Build America Bond Portfolio PowerShares CEF Income Composite Portfolio PowerShares Chinese Yuan Dim Sum Bond Portfolio PowerShares Emerging Markets Sovereign Debt Portfolio PowerShares Fundamental High Yield® Corporate Bond Portfolio PowerShares Fundamental Investment Grade Corporate Bond Portfolio PowerShares Insured California Municipal Bond Portfolio PowerShares Insured National Municipal Bond Portfolio PowerShares Insured New York Municipal Bond Portfolio PowerShares International Corporate Bond Portfolio PowerShares Preferred Portfolio PowerShares Senior Loan Portfolio PowerShares VRDO Tax-Free Weekly Portfolio Effective immediately, the Prospectus is revised as follows: PowerShares Insured National Municipal Bond Portfolio PZA •  The paragraphs titled "Summary Information—Principal Risks of Investing in the Fund—Puerto Rican Municipal Securities Risk" for each of PowerShares Insured California Municipal Bond Portfolio and PowerShares Insured New York Municipal Bond Portfolio on pages 46 and 58, respectively, are deleted and replaced with the paragraph below. The paragraph below also is added to the section titled "Summary Information—Principal Risks of Investing in the Fund" on page 52 for PowerShares Insured National Municipal Bond Portfolio. Puerto Rican Municipal Securities Risk. Adverse market, political, economic or other conditions or developments within Puerto Rico may negatively affect the value of the Fund's holdings in Puerto Rican municipal obligations. The Puerto Rican economy is reliant on manufacturing, services and tourism, and its economy and financial operations parallel the economic cycles of those in the United States. Current economic difficulties in the United States are likely to have an adverse impact on the overall economy of Puerto Rico. Moreover, like many other U.S. states and municipalities, Puerto Rico experienced a significant downturn during the recent recession. Puerto Rico continues to face significant fiscal challenges, including persistent government deficits, underfunded public pension benefit obligations, underfunded government retirement systems, sizable debt service obligations and a high unemployment rate. Many ratings organizations recently have downgraded a number of securities issued in Puerto Rico or placed them on "negative watch." If the economic situation in Puerto Rico persists or worsens, the volatility, credit quality and performance of the Fund could be adversely affected. Please Retain This Supplement For Future Reference. POWERSHARES EXCHANGE-TRADED FUND TRUST II SUPPLEMENT DATED OCTOBER 31, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013 OF: PowerShares 1-30 Laddered Treasury Portfolio PowerShares Build America Bond Portfolio PowerShares CEF Income Composite Portfolio PowerShares Chinese Yuan Dim Sum Bond Portfolio PowerShares Emerging Markets Sovereign Debt Portfolio PowerShares Fundamental High Yield® Corporate Bond Portfolio PowerShares Fundamental Investment Grade Corporate Bond Portfolio PowerShares Insured California Municipal Bond Portfolio PowerShares Insured National Municipal Bond Portfolio PowerShares Insured New York Municipal Bond Portfolio PowerShares International Corporate Bond Portfolio PowerShares Preferred Portfolio PowerShares Senior Loan Portfolio PowerShares VRDO Tax-Free Weekly Portfolio Effective immediately, the Prospectus is revised as follows: EX-101.SCH 3 ck0001378872-20131031.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 000001 - Document - Document and Entity Information 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PowerShares Insured New York Municipal Bond Portfolio
PowerShares Insured New York Municipal Bond Portfolio
POWERSHARES EXCHANGE-TRADED FUND TRUST II SUPPLEMENT DATED OCTOBER 31, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013 OF: PowerShares 1-30 Laddered Treasury Portfolio PowerShares Build America Bond Portfolio PowerShares CEF Income Composite Portfolio PowerShares Chinese Yuan Dim Sum Bond Portfolio PowerShares Emerging Markets Sovereign Debt Portfolio PowerShares Fundamental High Yield^® Corporate Bond Portfolio PowerShares Fundamental Investment Grade Corporate Bond Portfolio PowerShares Insured California Municipal Bond Portfolio PowerShares Insured National Municipal Bond Portfolio PowerShares Insured New York Municipal Bond Portfolio PowerShares International Corporate Bond Portfolio PowerShares Preferred Portfolio PowerShares Senior Loan Portfolio PowerShares VRDO Tax-Free Weekly Portfolio Effective immediately, the Prospectus is revised as follows:
• The paragraphs titled "Summary Information—Principal Risks of Investing in the Fund—Puerto Rican Municipal Securities Risk" for each of PowerShares Insured California Municipal Bond Portfolio and PowerShares Insured New York Municipal Bond Portfolio on pages 46 and 58, respectively, are deleted and replaced with the paragraph below. The paragraph below also is added to the section titled "Summary Information—Principal Risks of Investing in the Fund" on page 52 for PowerShares Insured National Municipal Bond Portfolio. Puerto Rican Municipal Securities Risk. Adverse market, political, economic or other conditions or developments within Puerto Rico may negatively affect the value of the Fund's holdings in Puerto Rican municipal obligations. The Puerto Rican economy is reliant on manufacturing, services and tourism, and its economy and financial operations parallel the economic cycles of those in the United States. Current economic difficulties in the United States are likely to have an adverse impact on the overall economy of Puerto Rico. Moreover, like many other U.S. states and municipalities, Puerto Rico experienced a significant downturn during the recent recession. Puerto Rico continues to face significant fiscal challenges, including persistent government deficits, underfunded public pension benefit obligations, underfunded government retirement systems, sizable debt service obligations and a high unemployment rate. Many ratings organizations recently have downgraded a number of securities issued in Puerto Rico or placed them on "negative watch." If the economic situation in Puerto Rico persists or worsens, the volatility, credit quality and performance of the Fund could be adversely affected.
Please Retain This Supplement For Future Reference.

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PowerShares Insured National Municipal Bond Portfolio
PowerShares Insured National Municipal Bond Portfolio
POWERSHARES EXCHANGE-TRADED FUND TRUST II SUPPLEMENT DATED OCTOBER 31, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013 OF: PowerShares 1-30 Laddered Treasury Portfolio PowerShares Build America Bond Portfolio PowerShares CEF Income Composite Portfolio PowerShares Chinese Yuan Dim Sum Bond Portfolio PowerShares Emerging Markets Sovereign Debt Portfolio PowerShares Fundamental High Yield^® Corporate Bond Portfolio PowerShares Fundamental Investment Grade Corporate Bond Portfolio PowerShares Insured California Municipal Bond Portfolio PowerShares Insured National Municipal Bond Portfolio PowerShares Insured New York Municipal Bond Portfolio PowerShares International Corporate Bond Portfolio PowerShares Preferred Portfolio PowerShares Senior Loan Portfolio PowerShares VRDO Tax-Free Weekly Portfolio Effective immediately, the Prospectus is revised as follows:
• The paragraphs titled "Summary Information—Principal Risks of Investing in the Fund—Puerto Rican Municipal Securities Risk" for each of PowerShares Insured California Municipal Bond Portfolio and PowerShares Insured New York Municipal Bond Portfolio on pages 46 and 58, respectively, are deleted and replaced with the paragraph below. The paragraph below also is added to the section titled "Summary Information—Principal Risks of Investing in the Fund" on page 52 for PowerShares Insured National Municipal Bond Portfolio. Puerto Rican Municipal Securities Risk. Adverse market, political, economic or other conditions or developments within Puerto Rico may negatively affect the value of the Fund's holdings in Puerto Rican municipal obligations. The Puerto Rican economy is reliant on manufacturing, services and tourism, and its economy and financial operations parallel the economic cycles of those in the United States. Current economic difficulties in the United States are likely to have an adverse impact on the overall economy of Puerto Rico. Moreover, like many other U.S. states and municipalities, Puerto Rico experienced a significant downturn during the recent recession. Puerto Rico continues to face significant fiscal challenges, including persistent government deficits, underfunded public pension benefit obligations, underfunded government retirement systems, sizable debt service obligations and a high unemployment rate. Many ratings organizations recently have downgraded a number of securities issued in Puerto Rico or placed them on "negative watch." If the economic situation in Puerto Rico persists or worsens, the volatility, credit quality and performance of the Fund could be adversely affected.
Please Retain This Supplement For Future Reference.

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Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Prospectus Date	rr_ProspectusDate	Mar. 01, 2013

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Label	Element	Value
PowerShares Insured California Municipal Bond Portfolio
Risk/Return:	rr_RiskReturnAbstract
Supplement [Text Block]	ck0001378872_SupplementTextBlock	POWERSHARES EXCHANGE-TRADED FUND TRUST II SUPPLEMENT DATED OCTOBER 31, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013 OF: PowerShares 1-30 Laddered Treasury Portfolio PowerShares Build America Bond Portfolio PowerShares CEF Income Composite Portfolio PowerShares Chinese Yuan Dim Sum Bond Portfolio PowerShares Emerging Markets Sovereign Debt Portfolio PowerShares Fundamental High Yield^® Corporate Bond Portfolio PowerShares Fundamental Investment Grade Corporate Bond Portfolio PowerShares Insured California Municipal Bond Portfolio PowerShares Insured National Municipal Bond Portfolio PowerShares Insured New York Municipal Bond Portfolio PowerShares International Corporate Bond Portfolio PowerShares Preferred Portfolio PowerShares Senior Loan Portfolio PowerShares VRDO Tax-Free Weekly Portfolio Effective immediately, the Prospectus is revised as follows:
Risk/Return [Heading]	rr_RiskReturnHeading	PowerShares Insured California Municipal Bond Portfolio
Risk Narrative [Text Block]	rr_RiskNarrativeTextBlock	• The paragraphs titled "Summary Information—Principal Risks of Investing in the Fund—Puerto Rican Municipal Securities Risk" for each of PowerShares Insured California Municipal Bond Portfolio and PowerShares Insured New York Municipal Bond Portfolio on pages 46 and 58, respectively, are deleted and replaced with the paragraph below. The paragraph below also is added to the section titled "Summary Information—Principal Risks of Investing in the Fund" on page 52 for PowerShares Insured National Municipal Bond Portfolio. Puerto Rican Municipal Securities Risk. Adverse market, political, economic or other conditions or developments within Puerto Rico may negatively affect the value of the Fund's holdings in Puerto Rican municipal obligations. The Puerto Rican economy is reliant on manufacturing, services and tourism, and its economy and financial operations parallel the economic cycles of those in the United States. Current economic difficulties in the United States are likely to have an adverse impact on the overall economy of Puerto Rico. Moreover, like many other U.S. states and municipalities, Puerto Rico experienced a significant downturn during the recent recession. Puerto Rico continues to face significant fiscal challenges, including persistent government deficits, underfunded public pension benefit obligations, underfunded government retirement systems, sizable debt service obligations and a high unemployment rate. Many ratings organizations recently have downgraded a number of securities issued in Puerto Rico or placed them on "negative watch." If the economic situation in Puerto Rico persists or worsens, the volatility, credit quality and performance of the Fund could be adversely affected.
Risk Closing [Text Block]	rr_RiskClosingTextBlock	Please Retain This Supplement For Future Reference.

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Label	Element	Value
PowerShares Insured New York Municipal Bond Portfolio
Risk/Return:	rr_RiskReturnAbstract
Supplement [Text Block]	ck0001378872_SupplementTextBlock	POWERSHARES EXCHANGE-TRADED FUND TRUST II SUPPLEMENT DATED OCTOBER 31, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013 OF: PowerShares 1-30 Laddered Treasury Portfolio PowerShares Build America Bond Portfolio PowerShares CEF Income Composite Portfolio PowerShares Chinese Yuan Dim Sum Bond Portfolio PowerShares Emerging Markets Sovereign Debt Portfolio PowerShares Fundamental High Yield^® Corporate Bond Portfolio PowerShares Fundamental Investment Grade Corporate Bond Portfolio PowerShares Insured California Municipal Bond Portfolio PowerShares Insured National Municipal Bond Portfolio PowerShares Insured New York Municipal Bond Portfolio PowerShares International Corporate Bond Portfolio PowerShares Preferred Portfolio PowerShares Senior Loan Portfolio PowerShares VRDO Tax-Free Weekly Portfolio Effective immediately, the Prospectus is revised as follows:
Risk/Return [Heading]	rr_RiskReturnHeading	PowerShares Insured New York Municipal Bond Portfolio
Risk Narrative [Text Block]	rr_RiskNarrativeTextBlock	• The paragraphs titled "Summary Information—Principal Risks of Investing in the Fund—Puerto Rican Municipal Securities Risk" for each of PowerShares Insured California Municipal Bond Portfolio and PowerShares Insured New York Municipal Bond Portfolio on pages 46 and 58, respectively, are deleted and replaced with the paragraph below. The paragraph below also is added to the section titled "Summary Information—Principal Risks of Investing in the Fund" on page 52 for PowerShares Insured National Municipal Bond Portfolio. Puerto Rican Municipal Securities Risk. Adverse market, political, economic or other conditions or developments within Puerto Rico may negatively affect the value of the Fund's holdings in Puerto Rican municipal obligations. The Puerto Rican economy is reliant on manufacturing, services and tourism, and its economy and financial operations parallel the economic cycles of those in the United States. Current economic difficulties in the United States are likely to have an adverse impact on the overall economy of Puerto Rico. Moreover, like many other U.S. states and municipalities, Puerto Rico experienced a significant downturn during the recent recession. Puerto Rico continues to face significant fiscal challenges, including persistent government deficits, underfunded public pension benefit obligations, underfunded government retirement systems, sizable debt service obligations and a high unemployment rate. Many ratings organizations recently have downgraded a number of securities issued in Puerto Rico or placed them on "negative watch." If the economic situation in Puerto Rico persists or worsens, the volatility, credit quality and performance of the Fund could be adversely affected.
Risk Closing [Text Block]	rr_RiskClosingTextBlock	Please Retain This Supplement For Future Reference.

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PowerShares Insured California Municipal Bond Portfolio
PowerShares Insured California Municipal Bond Portfolio
POWERSHARES EXCHANGE-TRADED FUND TRUST II SUPPLEMENT DATED OCTOBER 31, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013 OF: PowerShares 1-30 Laddered Treasury Portfolio PowerShares Build America Bond Portfolio PowerShares CEF Income Composite Portfolio PowerShares Chinese Yuan Dim Sum Bond Portfolio PowerShares Emerging Markets Sovereign Debt Portfolio PowerShares Fundamental High Yield^® Corporate Bond Portfolio PowerShares Fundamental Investment Grade Corporate Bond Portfolio PowerShares Insured California Municipal Bond Portfolio PowerShares Insured National Municipal Bond Portfolio PowerShares Insured New York Municipal Bond Portfolio PowerShares International Corporate Bond Portfolio PowerShares Preferred Portfolio PowerShares Senior Loan Portfolio PowerShares VRDO Tax-Free Weekly Portfolio Effective immediately, the Prospectus is revised as follows:
• The paragraphs titled "Summary Information—Principal Risks of Investing in the Fund—Puerto Rican Municipal Securities Risk" for each of PowerShares Insured California Municipal Bond Portfolio and PowerShares Insured New York Municipal Bond Portfolio on pages 46 and 58, respectively, are deleted and replaced with the paragraph below. The paragraph below also is added to the section titled "Summary Information—Principal Risks of Investing in the Fund" on page 52 for PowerShares Insured National Municipal Bond Portfolio. Puerto Rican Municipal Securities Risk. Adverse market, political, economic or other conditions or developments within Puerto Rico may negatively affect the value of the Fund's holdings in Puerto Rican municipal obligations. The Puerto Rican economy is reliant on manufacturing, services and tourism, and its economy and financial operations parallel the economic cycles of those in the United States. Current economic difficulties in the United States are likely to have an adverse impact on the overall economy of Puerto Rico. Moreover, like many other U.S. states and municipalities, Puerto Rico experienced a significant downturn during the recent recession. Puerto Rico continues to face significant fiscal challenges, including persistent government deficits, underfunded public pension benefit obligations, underfunded government retirement systems, sizable debt service obligations and a high unemployment rate. Many ratings organizations recently have downgraded a number of securities issued in Puerto Rico or placed them on "negative watch." If the economic situation in Puerto Rico persists or worsens, the volatility, credit quality and performance of the Fund could be adversely affected.
Please Retain This Supplement For Future Reference.

XML 18 R7.htm IDEA: XBRL DOCUMENT

Label	Element	Value
PowerShares Insured National Municipal Bond Portfolio
Risk/Return:	rr_RiskReturnAbstract
Supplement [Text Block]	ck0001378872_SupplementTextBlock	POWERSHARES EXCHANGE-TRADED FUND TRUST II SUPPLEMENT DATED OCTOBER 31, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013 OF: PowerShares 1-30 Laddered Treasury Portfolio PowerShares Build America Bond Portfolio PowerShares CEF Income Composite Portfolio PowerShares Chinese Yuan Dim Sum Bond Portfolio PowerShares Emerging Markets Sovereign Debt Portfolio PowerShares Fundamental High Yield^® Corporate Bond Portfolio PowerShares Fundamental Investment Grade Corporate Bond Portfolio PowerShares Insured California Municipal Bond Portfolio PowerShares Insured National Municipal Bond Portfolio PowerShares Insured New York Municipal Bond Portfolio PowerShares International Corporate Bond Portfolio PowerShares Preferred Portfolio PowerShares Senior Loan Portfolio PowerShares VRDO Tax-Free Weekly Portfolio Effective immediately, the Prospectus is revised as follows:
Risk/Return [Heading]	rr_RiskReturnHeading	PowerShares Insured National Municipal Bond Portfolio
Risk Narrative [Text Block]	rr_RiskNarrativeTextBlock	• The paragraphs titled "Summary Information—Principal Risks of Investing in the Fund—Puerto Rican Municipal Securities Risk" for each of PowerShares Insured California Municipal Bond Portfolio and PowerShares Insured New York Municipal Bond Portfolio on pages 46 and 58, respectively, are deleted and replaced with the paragraph below. The paragraph below also is added to the section titled "Summary Information—Principal Risks of Investing in the Fund" on page 52 for PowerShares Insured National Municipal Bond Portfolio. Puerto Rican Municipal Securities Risk. Adverse market, political, economic or other conditions or developments within Puerto Rico may negatively affect the value of the Fund's holdings in Puerto Rican municipal obligations. The Puerto Rican economy is reliant on manufacturing, services and tourism, and its economy and financial operations parallel the economic cycles of those in the United States. Current economic difficulties in the United States are likely to have an adverse impact on the overall economy of Puerto Rico. Moreover, like many other U.S. states and municipalities, Puerto Rico experienced a significant downturn during the recent recession. Puerto Rico continues to face significant fiscal challenges, including persistent government deficits, underfunded public pension benefit obligations, underfunded government retirement systems, sizable debt service obligations and a high unemployment rate. Many ratings organizations recently have downgraded a number of securities issued in Puerto Rico or placed them on "negative watch." If the economic situation in Puerto Rico persists or worsens, the volatility, credit quality and performance of the Fund could be adversely affected.
Risk Closing [Text Block]	rr_RiskClosingTextBlock	Please Retain This Supplement For Future Reference.

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PowerShares Insured New York Municipal Bond Portfolio | PowerShares Insured New York Municipal Bond Portfolio

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PowerShares Insured California Municipal Bond Portfolio \| PowerShares Insured California Municipal Bond Portfolio
Risk/Return:
Trading Symbol	PWZ
PowerShares Insured New York Municipal Bond Portfolio \| PowerShares Insured New York Municipal Bond Portfolio
Risk/Return:
Trading Symbol	PZT
PowerShares Insured National Municipal Bond Portfolio \| PowerShares Insured National Municipal Bond Portfolio
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Trading Symbol	PZA