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WIKI ANALYSIS
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This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund. |
Active Mega-Cap Fund (PMA)
Overview
The PowerShares Active Mega Cap Fund's (Fund) universe includes the holdings of the Russell Top 200® Index as well as other mega-cap stocks that meet certain liquidity requirements. All stocks in the universe are evaluated by Invesco Institutional's proprietary stock selection model. The model is based on several factors relating to four main concepts: earnings momentum, price trend, management action and relative value. Each stock is ranked by this model, and the result is a "weight-of-the-evidence" forecast of the expected annual forecasted excess return for each stock compared to other stocks within their respective industry for the next month. Additionally, each stock is evaluated for risk using at least 17 variables. [1]
Fund Information
- Fund Manager - Invesco PowerShares
- Inception Date - 04/11/2008
- Exchange - New York Stock Exchange Arca
- Index Ticker - PMA
- Intra-day NAV Ticker - PMA.IV
- Expense Ratio - 0.75%
Top Holdings
| Holding Name | % of Fund |
| Exxon Mobil Corp. | 9.56% |
| Apple Inc. | 5.51% |
| Home Depot Inc. | 5.51% |
| UnitedHealth Group Inc. | 5.35% |
| Texas Instruments Inc. | 5.26% |
| International Business Machines Corp. | 5.22% |
| Eli Lilly & Co. | 4.52% |
| Occidental Petroleum Corp. | 4.18% |
| Amgen Inc. | 3.71% |
| Microsoft Corp. | 3.52% |
Holdings as of 20/10/2009
References
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