The PowerShares Buyback Achievers Portfolio Fund is based on the Share BuyBack Achievers Index. The Index is designed to track the performance of companies that meet the requirements to be classified as "BuyBack Achievers". To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a U.S. exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund is rebalanced quarterly and reconstituted annually.
Investment type: ETF (Exchange-Traded Fund); listed on the U.S. NYSE exchange
Ticker symbol: PKW
Information on this website should not be considered to be investment advice. Any ETF can go DOWN as well as up.
Information on this website should not be assumed to be complete or correct. Funds can also change their investment goals. That's why, wherever possible, we provide links to the actual fund sponsor and the exchange on which the fund trades.
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