PowerShares Dynamic Basic Material (ETF) (AMEX:PYZ)
Exchange trade fund
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According to Reuters:
"...Metals and mining, chemicals, and containers and packaging contributed the largest percent of contribution to return."
Global growth in infrastructure and demand for raw materials may be slightly interrupted for the next few months, but the story is far from over. This fund has a littble bit of everything it seems and should hold up nicely in the face of sector rotations by panicky wall street.
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Back to basics.
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