The PowerShares Buyback Achievers Portfolio Fund(PKW Quote) holds only companies that invest in themselves, and can simplify investment in that area.
The fund tracks the Share BuyBack Achievers Index. The Index is designed to track the performance of companies that meet the requirements to be classified as "BuyBack Achievers".
The BuyBack Achievers Index is currently comprised of stocks of approximately 254 companies selected by Mergent, Inc. To make it into the Index, a company must be incorporated in the U.S., trade on a U.S. exchange and must have repurchased at least 5% of its outstanding shares for the trailing 12 months.
Year-to-date, the Buyback Achievers Fund is down 9.7%. This performance compares favorably to the 12.5% slide of the S&P 500 and the 10.9% decline in the average Large Blend fund. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,308.26 | 1,096.07 | 2,180.05 | 34.87 |
Oil *
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10 Yr
3.49%
SPDR Gold
107.34
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-1.27%
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-1.18%
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