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Quick stats
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Latest price
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40.93 | |
Change
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+1.04 | | Net assets | 45.59 Mil | % Change | +2.61% | | | YTD | +33.28% |
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Category
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Specialty - Precious Metals
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Fund family name
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PowerShares
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Index tracked
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Morningstar Long-Only Commodity TR
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Inception date
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9/18/2008
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Turnover ratio
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+18.00%
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Overview |
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The investment seeks to replicate, net of expenses, the NASDAQ OMX Global Gold and Precious Metals Index. The fund normally invests at least 90% of assets in the securities and ADRs and GDRs based on the securities that comprise the underlying index. It normally invests at least 80% of total assets in securities of companies involved in the gold and other precious metals mining industries. The index is designed to measure the overall performance of globally traded securities of the largest and most liquid companies involved in the gold and other precious metals mining industry. The fund is nondiversified. |
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| Annual returns |
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2006 |
2007 |
2008 |
| MKT |
NA |
NA |
NA |
| NAV |
NA |
NA |
NA |
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View additional performance information
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Modern portfolio theory statistics |
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Measurement
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Standard Index
Morningstar Long-Only Commodity TR
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R-Squared (1-year)
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10
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Beta (1-year)
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0.75
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Alpha (1-year)
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82.42
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What does this mean?
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| Asset allocation
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Prospectus Objectives
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Specialty - Precious Metals
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| Fees and expenses |
| Expense Ratio | 0.75% | | Gross Expense Ratio | 0.75% | | Net Expense Ratio | 0.75% | | Management Fee | 0.75% |
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Volatility measures |
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1-year standard deviation
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47.69
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Mean
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28.75
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3-year Sharpe ratio
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NA
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3-year Treynor ratio
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NA
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What does this mean?
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