PowerShares Global Circ re Update to the Prospectus of the Company

 
TIDMIRSH TIDMPSWC TIDMEQQQ TIDMEUHD TIDMEMHD TIDMPSRW TIDMPSRM TIDMPSES TIDMPSRE TIDMPSRU TIDMPSRF TIDMUKHD TIDMSBUY TIDMHDLV TIDMPQVM TIDMSPVX TIDMHYFA 
 
25 August 2017 
 
             PowerShares Global Funds Ireland plc (the "Company") 
 
                    Update to the Prospectus of the Company 
 
Dear Shareholder, 
 
We wish to advise you about some updates to the Prospectus of PowerShares 
Global Funds Ireland plc (further referred to as "the Company"). 
 
All changes will be effective as of 12 September 2017 for all Funds, except for 
item D which will be effective from 5 September 2017 and only for certain Funds 
(the "Effective Date"). 
 
A.   Change of disclosures and format in relation to the share classes 
available for each Fund 
 
In an effort to provide Shareholders with better access to share class 
features, the Company may launch additional share classes. Moreover, the 
Company will adopt a more streamlined approach to informing Shareholders of the 
share classes available. 
 
It is believed that this approach will provide a more efficient way of managing 
the range of share classes available and result in an improved time to market 
for new launches. 
 
This approach will consist of 
 
  * removing the current individual listing of share classes from Schedule IV 
    to the Prospectus 
 
  * and replacing that listing with a general table containing the potential 
    combination of share class types available (i.e. the type of share classes 
    that may be available in the future) and the relevant fees. 
 
    As a result, from the Effective Date, the Manager may decide to create 
    different share classes within each fund without updating the Prospectus 
    accordingly. The different share classes will have specific features, such 
    as: 
 
  * a different currency 
 
  * and/or a dividend policy (annual distribution, monthly distribution, 
    accumulation, etc). 
 
    The share classes may also be hedged or unhedged. 
 
Section 5.1.2. (Share Classes) of the Prospectus will demonstrate the possible 
combination of share class features (i.e. the type of share classes) that may 
be available in the future, as follows: 
 
 Dividend Policy    Distribution        Available      Hedging Policy 
                      Frequency        currencies 
 
  Accumulation           N/A               EUR            Unhedged 
                                           USD 
  Distribution        Annually             GBP             Hedged 
                    Semi-Annually          CHF 
                      Quarterly 
                       Monthly 
 
The list of launched share classes in each of the Funds will instead be made 
available on the website of the Manager http:// 
invescomanagementcompanyireland.invesco.com. 
 
B.   Change of definition of Dealing Day 
 
In order to streamline the operations of the Funds, it is proposed to align the 
definition of Dealing Day to the opening of the markets in which the Funds 
invest. 
 
The definition of Dealing Day will be updated to the following: 
 
"a day on which any stock exchange on which a Fund is traded or listed is open 
for business or any day on which any of the markets on which more than 75% of a 
Fund's Investments are listed or traded are open for business; unless otherwise 
determined by the Directors and notified in advance to Shareholders provided 
always that there shall be at least one Dealing Day per fortnight. A list of 
Dealing Days for each Fund will be available from the Manager." 
 
C.   Clarification on the payment of redemption proceeds 
 
Further to the implementation of the new share class disclosures and the 
flexibility to launch share classes in different currencies as highlighted 
under item 1 above, it is proposed to clarify in Section 8 of the Prospectus 
that in-kind and cash redemption will be settled in the base currency of the 
relevant Share Class. 
 
D.   Change of the settlement date 
 
The Directors intend, with effect from 5 September 2017, to change the 
settlement date for in-kind subscriptions and in-kind redemptions for the 
Funds: 
 
  * PowerShares Dynamic US Market UCITS ETF 
 
  * PowerShares EQQQ NASDAQ-100 UCITS ETF 
 
  * PowerShares FTSE Emerging Markets High Dividend Low Volatility UCITS ETF 
 
  * PowerShares FTSE RAFI All-World 3000 UCITS ETF 
 
  * PowerShares FTSE RAFI Emerging Markets UCITS ETF 
 
  * PowerShares FTSE RAFI US 1000 UCITS ETF 
 
  * PowerShares Global Buyback Achievers UCITS ETF 
 
  * PowerShares S&P 500 High Dividend Low Volatility UCITS ETF 
 
  * Powershares S&P 500 VEQTOR UCITS ETF 
 
  * PowerShares US High Yield Fallen Angels UCITS ETF 
 
  * PowerShares S&P 500 QVM UCITS ETF 
 
    The in-kind settlement date for these Funds will be changed from three 
    Business Days to two Business Days following the Business Day on which the 
    application for an in-kind subscription or an in-kind redemption was 
    accepted. 
 
    The Directors also intend to amend the settlement date for cash redemptions 
    for the Funds listed above. The cash redemption settlement date for these 
    Funds will be changed from three Business Days to two Business Days after 
    the relevant Valuation Date. 
 
    Do you have any queries in relation to this letter? 
 
    Please do not hesitate to contact Invesco PowerShares on 
    info@invescopowershares.net or 0044 (0) 20 7065 3897, or your usual Invesco 
    PowerShares representative. 
 
 
 
END
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