The PowerShares NASDAQ-100 BuyWrite Portfolio is based on the CBOE NASDAQ-100 BuyWrite Index, which measures the potential returns of a theoretical portfolio including the NASDAQ-100 Index stocks on which NASDAQ-100 Index call options are systematically written (sold) against the portfolio through a "buy-write" strategy. A "buy-write," also called a covered call, generally is considered to be an investment strategy in which an investor buys a stock or basket of stocks, and also sells call options that correspond to the stock or basket of stocks.
Investment type: ETF (Exchange-Traded Fund); listed on the U.S. NASDAQ exchange
Ticker symbol: PQBW
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.
Created by Specifica, Inc.: Original content and unique compilation of information are copyright 2010.