Powershares Golden Dragon Halter USX China Portfolio (NYSE Arca:PGJ)
With extensive distribution in the investment community and exposure in the press, in 2004 we launched the PowerShares Golden Dragon Halter USX China Portfolio (NYSE Arca: PGJ), an exchange traded fund (ETF) based on our Halter USX China Index (NYSE Arca: HXC or ^HXC). The ETF is designed to closely track the companies in the Index and to invest a universe of top companies whose common stock is publicly traded on a national U.S. exchange and the majority of whose business is conducted within the People's Republic of China. The concept behind the ETF and the underlying Index is to offer investors exposure to the great investment opportunity of China with the relative safety and transparency that comes with a U.S. listing. For a company to be included in the Index and ETF it must have an average market capitalization of more than $50 million for the preceding 40 days, trade on the NYSE, Nasdaq or NYSE Arca and must be approved by our Selection Committee.
For more information on the Powershares Golden Dragon Halter USX China Portfolio, go to http://www.powershares.com/
products/overview.aspx?ticker=PGJ.