PowerShares Global Nuclear Energy Portfolio (PKN)PowerShares Global Nuclear Energy Portfolio (PKN)
will trade tomorrow on NYSE
TheWNA Nuclear Energy Index now has an investable vehicle. PowerSharesGlobal Nuclear Energy Portfolio (
PKN) is a new ETF to be introduced inthe coming week (around
April 3rd). The ETF is designed totrack the performance of the World Nuclear Association Index. The WNANuclear Energy Index is a well balanced, diversified and truly globalportfolio of nuclear related companies. The breakdown of the index isas follows; 25% power generation, 25% technology/equipment andservices, 20% nuclear fuel, 15% reactor vendors, and 15% construction.The WNA Nuclear Energy Index is comprised of 64 companies. I believethe index levered to the real nuclear economy due in part to theefforts made by the selection committee which is comprised of seasonedindustry executives. While this ETF won't be perfect, it does representthe best available vehicle to passively participate in nuclear.
RI Link:
https://www.resourceinvestor.com/pebble.asp?relid=41472
Current listing of companies in the WNANuclear Energy index:
https://wna.snetglobalindexes.com/about_the_indexes.php