The PowerShares S&P SmallCap Materials Portfolio is based on the S&P SmallCap 600 Capped Materials Index. The Fund will normally invest at least 90% of its total assets in the common stocks comprising the Index. The Index is designed to measure the overall performance of U.S. basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.
Investment type: ETF (Exchange-Traded Fund); listed on the U.S. NASDAQ exchange
Ticker symbol: XLBS
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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