The PowerShares Value Line Timeliness™ Select Portfolio (Fund) is based on the Value Line Timeliness™ Select Index. The Index seeks to identify a group of companies that have the potential to outperform the U.S. equity market. The Index utilizes three core Value Line Ranking Systems: Timeliness™, Safety™ and Technicals™. The equally weighted portfolio is rebalanced and reconstituted quarterly. Inception Date: 12/6/2005 Top Holdings As of 6/14/2007 Cooper Tire & Rubber Co. Vail Resorts Inc. CDI Corp. Martin Marietta Materials Inc. Warnaco Group Inc. Manitowoc Co. Tempur-Pedic International Inc. Andrew Corp. SkillSoft PLC (ADS) Moldflow Corp.

The PowerShares Value Line Industry Rotation Portfolio (Fund) is based on the Value Line Industry Rotation Index. The Index is comprised of 75 stocks chosen based on both their Timeliness™ rank and their industry Timeliness™ rank. The Index is designed to first rank all industries represented in the Value Line universe by their industry Timeliness™. The Index then selects the highest ranked stock for Timeliness™ from each of the 50 highest Timeliness™-rated industries, as well as the second highest Timeliness™-ranked stock from each of the 25 highest rated industries. The Index is reconstituted and rebalanced quarterly using the same methodology as described above. Inception Date: 12/1/2006 Top Holdings as of 6/14/07 Guess? Inc. NAVTEQ Corp Allscripts Healthcare Solutions Inc Vail Resorts Inc. Moldflow Corp. BE Aerospace Inc. Southern Copper Corp. Nash Finch Co. Martin Marietta Materials Inc. General Cable Corp.

The PowerShares DB Agriculture Fund (Fund) is based on the Deutsche Bank Liquid Commodity Index – Optimum Yield Agriculture Excess Return™ (Index) and managed by DB Commodity Services LLC. The Index is a rules-based index composed of futures contracts on some of the most liquid and widely traded agricultural commodities – corn, wheat, soy beans and sugar. The index is intended to reflect the performance of the agricultural sector. You cannot invest directly in an index. Ordinary brokerage commissions apply. Inception Date: 1/5/2007 As far as I can tell, this fund chases Corn, Wheat, Soybeans, and Sugar. I don't know if this changes based on market conditions or if they just trade these four commodities and use puts and calls.

Zack's Micro Cap Index Fund Inception Date: 8/18/05 Top Holdings as of 6/14/07 CYPB- Cypress Bioscience Provides products for the treatment of patients with Functional Somatic Syndromes and other central nervous system disorders. ELON- Echelon Corp Develops, markets and sells system and network infrastructure products. CRY- CryoLife Develops and commercializes biomaterials, implantable medical devices, and preserves and distributes human tissues for cardiovascular and vascular transplant applications. TTES- T-3 Energy Services Designs, manufactures, repairs and services products used in the drilling and completion of new oil and gas wells, the workover of existing wells, and the production and transportation of oil and gas. LBY- Libbey Inc Is a supplier of tableware products in the United States, Canada and in certain other exports markets NVTL- Novatel Is a provider of wireless broadband access solutions for the worldwide mobile communications market. TWIN- Twin Disc Sesigns, manufactures and sells marine and heavy-duty, off-highway power transmission equipment. SPAR- Spartan Motors is a niche market engineer and manufacturer in the heavy duty, custom vehicles marketplace. MFRI- MFRI Inc MFRI, Inc. (MFRI) is engaged in the manufacture and sale of products in three business segments: filtration products, piping systems and industrial process cooling equipment. DFC- Delta Financial Corp Delta Financial Corporation is a specialty consumer finance company that originates, securitizes and sells non-conforming mortgage loans.

The iShares Lehman Short Treasury Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the short-term sector of the United States Treasury market as defined by the Lehman Brothers Short U.S. Treasury Index. Fixed income, pays a dividend early each month Fund Inception Date: 1/5/2007

The iShares Lehman 1-3 Year Treasury Bond Fund seeks to approximate the total rate of return that correspond generally to the price and yield performance, before fees and expenses, of the short-term sector of the United States Treasury market as defined by the Lehman Brothers 1-3 Year US Treasury Index. Fixed income, pays a dividend early each month Fund Inception Date: 7/22/2002