POWERSHARES ETF TRUST

CUSIP: 73935X500 Class: WNDRHLL CLN EN

Estate Counselors, LLC's Holding History (CIK: 0001559832)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015
Shares 12,560 Value ($000) $60 Avg Close — Range —
Q3 2015
Shares 12,560 Value ($000) $51 Avg Close — Range —
Q2 2015
Shares 12,560 Value ($000) $68 Avg Close — Range —
Q1 2015
Shares 12,560 Value ($000) $70 Avg Close — Range —
Q4 2014
Shares 10,660 Value ($000) $56 Avg Close — Range —