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PowerShares Lux Nanotech Portfolio ETF (PXN)

PXN is defunct since February 19, 2014. Closed due to lack of investor interest
PXN Description
The PowerShares Lux Nanotech Portfolio (Fund) is based on the Lux Nanotech Index™ (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in developing, manufacturing and funding nanotechnology applications. Companies may be involved in one or more stages of Lux's Nanotechnolgy Value Chain frameworks: Nanomaterials, Nanointermediates, Nano-enabled Products and Nanotools. The modified market-cap portfolio is rebalanced quarterly and reconstituted quarterly.
See more details on sponsor's website
Sector: Technology
Country: United States
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