Powershares QQQ Trust series 1
By A Mystery Man Writer
Description
Powershares QQQ Trust series 1 - Download as a PDF or view online for free
The Powershares QQQ Trust Series 1 ETF tracks the NASDAQ-100 Index and holds the largest non-financial stocks listed on the NASDAQ. Over 37% of its holdings are in technology companies, while communications and consumer non-cyclical sectors each make up around 19% of the fund. It has a low expense ratio of 0.2% and trades with minimal bid-ask spreads, making it a cost-effective way to gain exposure to large-cap US growth stocks, particularly in the technology sector. Analysis of the fund's performance indicates it may outperform in the current economic environment and time of year.
The Powershares QQQ Trust Series 1 ETF tracks the NASDAQ-100 Index and holds the largest non-financial stocks listed on the NASDAQ. Over 37% of its holdings are in technology companies, while communications and consumer non-cyclical sectors each make up around 19% of the fund. It has a low expense ratio of 0.2% and trades with minimal bid-ask spreads, making it a cost-effective way to gain exposure to large-cap US growth stocks, particularly in the technology sector. Analysis of the fund's performance indicates it may outperform in the current economic environment and time of year.
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