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PowerShares DWA Basic Materials Momentum Portfolio ETF (PYZ)

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PYZ Description
The PowerShares DWA Basic Materials Momentum Portfolio (Fund) is based on the DWA Basic Materials Technical Leaders 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 companies that are showing relative strength (momentum), and is composed of at least 30 common stocks from a universe of approximately 3,000 common stocks traded on US exchanges. The Fund and the Index are rebalanced and reconstituted quarterly.
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Country: United States
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