NEW YORK ( TheStreet) -- As global populations continue to grow, advancements in medical technology continue to prolong life and developing economies add wealth, the PowerShares Water Resources (PHO), the Claymore S&P Global Water (CGW) and the PowerShares Global Water (PIO) are likely to reap the benefits.Water is a commodity that is absolutely essential to survive and is essential in the cultivation and production of food. At current rates, it is expected that demand for potable water will grow 6% annually. This, in conjunction with the water shortage already seen in numerous parts of the world, is drawing heavy attention to the commodity.
Water Shortage Opens Floodgate of Opportunities
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