EMERGING MARKET FUNDS

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PowerShares Launches Six New Global ETFs
Friday September 19, 11:21 am ET
By ETFguide

http://biz.yahoo.com/etfguide/080919/27_id.html?.v=1


SAN DIEGO (ETFguide.com) - PowerShares launched a series of six new ETFs on Thursday. Four of which, serve as gateway to access some of the largest and most liquid companies in the commodities industry.

Even though Van Eck claimed the bragging rights for first in class ETFs in agriculture, coal, steel and gold, it is always advantageous to have options. Competition keeps the market honest.

New PowerShares commodity-linked ETFs:

PowerShares Global Agriculture Portfolio (Nasdaq: PAGG - News)
PowerShares Global Coal Portfolio (Nasdaq: PKOL - News)
PowerShares Global Steel Portfolio (Nasdaq: PSTL - News)
PowerShares Global Gold and Precious Metals Portfolio (Nasdaq: PSAU - News)

The corresponding Van Eck ETFs are:

Market Vectors Agribusiness ETF (AMEX: MOO - News)
Market Vectors Coal ETF (NYSEarca: KOL - News)
Market Vectors Steel ETF (AMEX: SLX - News)
Market Vectors Gold Miners ETF (AMEX: GDX - News)