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Powershares Value Line Industry Rotation Portfolio ETF (PYH) |
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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. |
Powershares Value Line Industry Rotation Portfolio ETF (PYH)
Overview
The PowerShares Value Line Industry Rotation Portfolio (Fund) is based on the Value Line Industry Rotation Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is comprised of 75 stocks chosen based on both their Timeliness™ rank and their industry Timeliness™ rank. The Index is designed to first rank all industries represented in the Value Line universe by their industry Timeliness™. The Index then selects the highest ranked stock for Timeliness™ from each of the 50 highest Timeliness™-rated industries, as well as the second highest Timeliness™-ranked stock from each of the 25 highest rated industries. The Index is reconstituted and rebalanced quarterly using the same methodology as described above. [1]
Fund Information
- Fund Manager - InvescoPowershares
- Inception Date - 12/01/2006
- Exchange – NYSE Arca
- Index Ticker – PYH
- Intra-day NAV Ticker – PYH.IV
- Expense Ratio - 0.60%
Top Holdings
| Holdings | % of Portfolio |
| Value Line Industry Rotation Index | 100.00% |
Holdings as of 19/11/2009
Other Industrial ETFs
References
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