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Home > News > Active Indexes Drive PowerShares' ETFs

July 18th, 2007

Active Indexes Drive PowerShares' ETFs

Abstract:
Unique Plays: PowerShares offers some unique industry ETFs. Water Resources ETF (Amex: PHO) and Global Water ETF (Amex: PIO) based on Palisades Water and Global Water Indexes, respectively are examples of niche industry ETFs. Some ETFs also focus on specific investment themes. Lux Nanotech ETF (Amex: PXN) ventures into nanotechnology, a process with application potential in health care, information technology, materials, and industrial sectors. The Lux Nanotech index has holdings distributed across companies in these sectors.

Source:
seekingalpha.com

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