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Powershares Global Biotech Portfolio ETF (PBTQ) |


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WIKI ANALYSIS| This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund. |
Global Biotech Portfolio ETF (PBTQ)
OverviewThe PowerShares Global Biotech Portfolio (Fund) is based on the NASDAQ OMX Global Biotechnology IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs and GDRs based on the securities in the Index. The Index is designed to measure the overall performance of globally traded securities of the largest and most liquid companies involved in the biotechnology industry. The Index is rebalanced quarterly using a modified, market-cap-weighted methodology. [1]
Fund Information
Top Holdings| Holdings | % of Portfolio |
| CSL Ltd. | 8.85% |
| Celgene Corp. | 8.31% |
| Gilead Sciences Inc. | 8.01% |
| Genzyme Corp. | 7.79% |
| Amgen Inc. | 7.62% |
| Actelion Ltd. | 4.12% |
| Vertex Pharmaceuticals Inc. | 3.73% |
| Cephalon Inc. | 3.72% |
| Biogen Idec Inc. | 3.71% |
| Alexion Pharmaceuticals Inc. | 3.63% |
Holdings as of 27/10/2009
Other Bio-Technology ETFs | ETF Name | Fund Manager | Expense Ratio |
| Biotech HOLDRS ETF (BBH) | Merrill Lynch, Pierce, Fenner & Smith HOLDRS | N/A |
| First Trust AMEX Biotechnology Index Fund (FBT) | First Trust Advisors L.P | 0.60% |
| Global Biotech Portfolio ETF (PBTQ) | Invesco PowerShares | 0.75% |
| iShares Nasdaq Biotechnology Index Fund (IBB) | ishares | 0.48% |
| Powershares Dynamic Biotechnology & Genome Portfolio ETF (PBE) | Invesco PowerShares | 0.60% |
| SPDR S&P Biotech ETF (XBI) | State Street Global Markets, LLC | 0.35% |
References


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