PowerShares Active Mega-Cap ETF (PMA) - NYSEARCA
PMA is defunct since February 26, 2013. Lack of investor interest
PMA Description
The PowerShares Active Mega Cap Fund's (Fund) universe includes the holdings of the Russell Top 200® Index as well as other mega-cap stocks that meet certain liquidity requirements. All stocks in the universe are evaluated by Invesco Institutional's proprietary stock selection model. The model is based on several factors relating to four main concepts: earnings momentum, price trend, management action and relative value. Each stock is ranked by this model, and the result is a "weight-of-the-evidence" forecast of the expected annual forecasted excess return for each stock compared to other stocks within their respective industry for the next month. Additionally, each stock is evaluated for risk using at least 17 variables.
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Country: United States
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