ETF Channel profiled PIE on 10/1/10:
The DWA Emerging Markets Technical Leaders Portfolio (PIE) has been soaring. This ETF has had a total return of almost 25% over the last three months, and over 28% in the trailing twelve months. One of the ETF’s holdings, Vivo Participacoes S/A Ads (VIV), is up nearly 5% in the last three months, and 16% in the last year. Another holding, Creditcorp(BAP) is up over 25% in the last three months, and nearly 52% in the last year. And Wimm-Bill-Dann Foods OJSC (WBD) is higher by 27% in three months, and 35.5% in the last year.
The Fund will normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange.
The underlying index includes approximately 100 companies that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.
See www.powershares.com for more information.
