Net Asset breakdown for PowerSharesNet Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.
PowerShares Net Asset Assessment
Based on recorded statements PowerShares Water Resources has Net Asset of 921.61 M. This is 106.07% higher than that of PowerShares family, and 230.33% higher than that of Miscellaneous Sector category, The Net Asset for all etfs is 18.61% lower than the firm.
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Net Asset ComparisonPowerShares is rated number one ETF in net asset as compared to similar ETFs.
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