INGOT Brokers AU | Trade PGX.ETF


PowerShares Preferred Portfolio ETF Currency:
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This ETF offers investors exposure to preferred stock, an interesting segment of the capital markets that most investors do not have a lot of exposure to. Preferred stock holders have a 'preferred' position on assets compared to other common shareholders should there be a liquidity event in the company. However, these shareholders generally do not have voting rights in exchange for this premium position. Preferred stock also generally pay out solid dividend yields but then also do not participate as much in equity appreciation as their common share counterparts. Due to this preferred stock could be appropriate for those seeking to boost yields in a portfolio or for those looking for less risky forms of equity exposure that are relatively absent from broad portfolios of stocks. PGX is a little short in terms of diversification as the fund holds just under 80 securities in total and the vast majority of them are in the financial industry. As a result, this fund should be considered part of the financial holding of a portfolio and only used in small amounts to boost yields. If used properly, PGX could be a powerful tool for investors, just be careful and make sure to not overinvest in the sector.


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The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in ETFs, stock options and similar and assimilated products is characterized by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable