MutualFundWire.com: PowerShares to Debut Energy ETF
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Wednesday, February 2, 2005

PowerShares to Debut Energy ETF


Exchange-traded funds are scaling yet another frontier. PowerShares has teamed with Encinitas, California-based WilderShares to provide an ETF based on a clean energy index. The fund, called the PowerShares WilderHill Clean Energy Portfolio, is expected to begin trading on the American Stock Exchange on February 23 under the ticker "PBW."

The ETF is based on the WilderHill Clean Energy Index, one of WilderShares' renewable energy indices.

The AMEX began listing the index in August of last year.


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