Powershares Value Line Industry Rotation Portfolio Fund
The PowerShares Value Line Industry Rotation Portfolio Fund is based on the Value Line Industry Rotation 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.
Investment type: ETF (Exchange-Traded Fund); listed on the U.S. NYSE exchange
Ticker symbol: PYH
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