As of December 29, 2017, PowerShares Exchange-Traded Fund Trust II - PowerShares Developed EuroPacific Currency Hedged Low Volatility Portfolio has gone out of business. PowerShares Exchange-Traded Fund Trust II - PowerShares Developed EuroPacific Currency Hedged Low Volatility Portfolio is an exchange traded fund launched by Invesco Ltd. The fund is managed by Invesco PowerShares Capital Management LLC. It invests in the public equity markets of developed countries in Europe and the Asia Pacific region, excluding South Korea. The fund invests in the stocks of companies operating across diversified sectors. It invests in the growth, value, and low volatile stocks of large-cap and mid-cap companies. The fund uses derivatives such as foreign currency forward contracts to hedge its foreign currency exposure to U.S. dollars. It seeks to replicate the performance of the S&P EPAC Ex. Korea Low Volatility USD Hedged Index, by investing in the stocks of companies as per their weightings in the index. PowerShares Exchange-Traded Fund Trust II - PowerShares Developed EuroPacific Currency Hedged Low Volatility Portfolio was formed on October 6, 2015 and is domiciled in the United States.