HealthShares Neuroscience ETF [ HHN ]

ETF Data as of 05/03/2007
Symbol	HHN
Total Net Assets	$2,553,915
Number of Securities	22
Percent Stock	99.6489%
Percent Cash	0.3511%
Percent Other*	0.0000%

* May include dividends booked but not yet received.
End of day pricing as reported by NYSE, Nasdaq and TSX

Holdings as of 05/03/2007¹

Weighting	Name	Ticker	Market Price	Held Shares**
2.75 %	Abraxis Bioscience Inc	ABBI	$27.13	2,582
2.28 %	Adolor Corporation	ADLR	$3.76	15,407
4.25 %	Aspreva Pharmaceuticals Corp	ASPV	$21.51	5,024
3.61 %	Barr Pharmaceuticals Inc	BRL	$49.50	1,857
6.51 %	Biovail Corp	BVF UN	$24.76	6,689
3.14 %	Cephalon Inc	CEPH	$80.28	996
3.68 %	Elan Corp Plc Spons Adr	ELN UN	$14.80	6,332
4.72 %	Endo Pharmaceut Hldgs Inc	ENDP	$31.69	3,786
2.21 %	H Lundbeck A/S	LUN DC	$25.32	2,370
4.22 %	Ipsen	IPN FP	N/A	2,059
6.34 %	King Pharmaceuticals Inc	KG	$21.01	7,678
4.81 %	Mgi Pharma Inc	MOGN	$22.05	5,553
4.70 %	Millennium Pharmaceuticals	MLNM	$11.24	10,632
4.08 %	Mylan Laboratories Inc	MYL	$22.21	4,672
10.95 %	Neurochem Inc	NRMX	$9.31	N/A
4.20 %	Par Pharmaceutical Cos Inc	PRX	$27.28	3,918
6.09 %	Sepracor Inc	SEPR	$54.30	2,854
3.66 %	Shire Plc Adr	SHPGY UQ	$69.10	1,345
8.21 %	Schwarz Pharma	SRZ GY	N/A	1,450
3.27 %	Solvay Sa	SOLB BB	N/A	522
3.13 %	Valeant Pharmaceuticals Inte	VRX	$16.40	4,857
3.18 %	Watson Pharmaceuticals Inc	WPI	$30.72	2,636

End of day pricing as reported by NYSE, Nasdaq and TSX

¹Holdings are subject to change without advance notice.

** Updated Quarterly at rebalancing

ABRAXIS BIOSCIENCE INC

11777 San Vicente Blvd. 550
Los Angeles, CA 90049, USA
1-310-826-8505
www.appdrugs.com

Ticker	ABBI
Market	NASDAQ
Market Price	$27.13
Held Shares	2,582
View S&P; Stock Report

ADOLOR CORPORATION

700 Pennsylvania Drive
Exton, PA 19341, USA
1-484-595-1500
www.adolor.com

Ticker	ADLR
Market	NASDAQ
Market Price	$3.76
Held Shares	15,407
View S&P; Stock Report

ASPREVA PHARMACEUTICALS CORP

1203 - 4464 Markham Street
Victoria, BC V8Z 7X8, CAN
1-250-744-2488
www.aspreva.com

Ticker	ASPV
Market	NASDAQ
Market Price	$21.51
Held Shares	5,024
View S&P; Stock Report

BARR PHARMACEUTICALS INC

400 Chestnut Ridge Road
Woodcliff Lake, NJ 07677, USA
1-201-930-3300
www.barrlabs.com

Ticker	BRL
Market	NYSE
Market Price	$49.50
Held Shares	1,857
View S&P; Stock Report

BIOVAIL CORP

7150 Mississauga Road
Mississauga, ON L5N 8M5, CAN
1-905-286-3000
www.biovail.com

Ticker	BVF UN
Market	NYSE
Market Price	$24.76
Held Shares	6,689
View S&P; Stock Report

CEPHALON INC

41 Moores Road P.O.Box 4011
Frazer, PA 19355, USA
1-610-344-0200
www.cephalon.com

Ticker	CEPH
Market	NASDAQ
Market Price	$80.28
Held Shares	996
View S&P; Stock Report

ELAN CORP PLC -SPONS ADR

Treasury Building Lower Grand Canal Street
Dublin, 2, Ireland
353-1-709-4000
www.elan.ie

Ticker	ELN UN
Market	NYSE
Market Price	$14.80
Held Shares	6,332
View S&P; Stock Report

ENDO PHARMACEUT HLDGS INC

100 Endo Boulevard
Chadds Ford, PA 19317, USA
1-610-558-9800
www.endo.com

Ticker	ENDP
Market	NASDAQ
Market Price	$31.69
Held Shares	3,786
View S&P; Stock Report

H LUNDBECK A/S

Ottiliavej 9
2500 Valby Copenhagen Denmark
45-36-30-13-11
www.lundbeck.com

Ticker	LUN DC
Market	NASDAQ
Market Price	$25.32
Held Shares	2,370

IPSEN

42, rue du Docteur Blanche
Paris, 75016, France
33-1-44-30-43-43
www.ipsen.com

Ticker	IPN FP
Market	N/A
Market Price	N/A
Held Shares	2,059

KING PHARMACEUTICALS INC

501 Fifth Street
Bristol, TN 37620, USA
1-423-989-8000
www.kingpharm.com

Ticker	KG
Market	NYSE
Market Price	$21.01
Held Shares	7,678
View S&P; Stock Report

MGI PHARMA INC

5775 West Old Shakopee Road Suite 100
Bloomington, MN 55437, USA
1-952-346-4700
www.mgipharma.com

Ticker	MOGN
Market	NASDAQ
Market Price	$22.05
Held Shares	5,553
View S&P; Stock Report

MILLENNIUM PHARMACEUTICALS

40 Landsdowne Street
Cambridge, MA 02139, USA
1-617-679-7000
www.mlnm.com

Ticker	MLNM
Market	NASDAQ
Market Price	$11.24
Held Shares	10,632
View S&P; Stock Report

MYLAN LABORATORIES INC

1500 Corporate Drive Suite 400
Canonsburg, PA 15317, USA
1-724-514-1800
www.mylan.com

Ticker	MYL
Market	NYSE
Market Price	$22.21
Held Shares	4,672
View S&P; Stock Report

NEUROCHEM INC

N/A
N/A
N/A

Ticker	NRMX
Market	NASDAQ
Market Price	$9.31
Held Shares	N/A

PAR PHARMACEUTICAL COS INC

300 Tice Boulevard
Woodcliff Lake, NJ 07677, USA
1-201-802-4000
www.parpharm.com

Ticker	PRX
Market	NYSE
Market Price	$27.28
Held Shares	3,918
View S&P; Stock Report

SEPRACOR INC

84 Waterford Drive
Marlborough, MA 01757, USA
1-508-481-6700
www.sepracor.com

Ticker	SEPR
Market	NASDAQ
Market Price	$54.30
Held Shares	2,854
View S&P; Stock Report

SHIRE PLC-ADR

Hampshire Int'l Business Park Hampshire Basingstoke
Chineham, ENG RG24 8EP, GBR
44-1256-894-000
www.shire.com

Ticker	SHPGY UQ
Market	NASDAQ
Market Price	$69.10
Held Shares	1,345
View S&P; Stock Report

Schwarz Pharma

Alfred-Nobel-Strasse 10
Monheim am Rhein, 40789, DEU
49-2173-48-0
www.schwarzpharma.com

Ticker	SRZ GY
Market	N/A
Market Price	N/A
Held Shares	1,450

Solvay SA

Rue du Prince Albert, 33
1050 Brussels Belgium
32-2-509-60-16
www.solvay.com

Ticker	SOLB BB
Market	N/A
Market Price	N/A
Held Shares	522

VALEANT PHARMACEUTICALS INTE

3300 Hyland Avenue
Costa Mesa, CA 92626, USA
1-714-545-0100
www.valeant.com

Ticker	VRX
Market	NYSE
Market Price	$16.40
Held Shares	4,857
View S&P; Stock Report

WATSON PHARMACEUTICALS INC

311 Bonnie Circle
Corona, CA 92880, USA
1-951-493-5300
www.watsonpharm.com

Ticker	WPI
Market	NYSE
Market Price	$30.72
Held Shares	2,636
View S&P; Stock Report