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Tuesday, 06/10/2008 9:02:17 PM

Tuesday, June 10, 2008 9:02:17 PM

Post# of 1451
PowerShares announced the launch of two funds, due June 12. These two new ETFs will track Nasdaq indexes:

PowerShares NASDAQ-100 BuyWrite Portfolio (PQBW)
PowerShares NASDAQ Internet Portfolio (PNQI)
The idea behind PQBW is to provide investors with a strategy to conveniently invest in the covered call strategy on the 100 largest non-financial companies on the Nasdaq, reports CNN Money. PNQI will rack the performance of the largest and most liquid U.S.-listed companies engaged in internet-related business.



Regards,
frenchee

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