The ETF: Powershares FTSE RAFI Basic Materials Sector Portfolio ETF (PRFM)
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Powershares FTSE RAFI Basic Materials Sector Portfolio ETF
Investment type: ETF (Exchange-Traded Fund); listed on the U.S. NASDAQ exchange
The PowerShares FTSE RAFI Basic Materials Sector Portfolio Fund seeks to replicate the FTSE Research Affiliates Fundamentals Basic Materials Sector Index. The Index is designed to track the performance of the largest U.S. basic materials equities, selected based on the following four fundamental measures of firm size: book value, income, sales and dividends. The U.S. basic materials equities with the highest fundamental strength are weighted by their fundamental scores. The fundamentally weighted portfolio is rebalanced and reconstituted annually.|
Ticker symbol: PRFM
Fund manager: Invesco PowerShares
Fund information from Invesco PowerShares: Powershares FTSE RAFI Basic Materials Sector Portfolio ETF
This ETF has been discontinued
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