HealthShares™ Infectious Disease ETF (HHG) is one in a series of HealthShares™ ETFs that are organized Vertically by therapeutic categories in pharmaceuticals, healthcare services, life sciences and biotechnology. HHG seeks investment results that correspond to the performance, before the Fund’s fees and expenses, of HealthShares™ Infectious Disease Index, an equity index of publicly traded common stocks and ADRs. The Infectious Disease Index invests in healthcare, life sciences and/or biotechnology companies that have been identified as infectious disease companies. Companies included in the Infectious Disease Index are engaged in the research, clinical development and/or commercialization of therapeutic agents for the treatment of a wide variety of infectious diseases related to antibacterial, antifungal and antiviral indications, by means of small molecules, protein therapy and vaccines. The companies in this universe are selected using a proprietary methodology developed by XShares Group LLC designed to identify companies in a specific healthcare vertical or sub-sector.
HHG employs a low-cost passive management investment approach designed to track the performance of the HealthShares™ Infectious Disease Index. Normal brokerage fees apply. HHG will generally invest at least 90% of its assets in common stocks of companies in the underlying Index.
HHG intends to pay out any dividends from its net investment income annually, and plans to distribute any net capital gains annually.
XShares Advisors LLC is the investment advisor for HHG. Bank of New York acts as custodian and administrator.
| Market data | |
|---|---|
| Market Price (06/19/2007)* | $25.45 |
| Change | $-0.24 |
| Volume | 100 |
| NAV History Premium/Discount Chart | |
| Details | |
|---|---|
| NAV as of 07/02/2007 | $24.8646 |
| NAV Change | $0.2211 |
| Shares Outstanding | 100,200 |
| Total Cash | $1,339.74 |
| Estimated Cash | $1,305.82 |
| Bid as of 07/02/2007 | $24.97 |
| Mid point as of 07/02/2007 | $25.02 |
| Ask as of 07/02/2007 | $25.06 |
| Market Price as of 07/02/2007* | N/A |
| Change | N/A |
| Premium/Discount*** | 0.6049% |
| Yield | N/A |
| Expense ratio as of 07/02/2007 | 0.75% |
| Inception date | 04/03/2007 |
| Ticker symbol | HHG |
| IOPV** ticker symbol | HHG.IV |
* Last Sale.
** Indicative Optimized Portfolio Value.
*** Bid/Ask Midpoint versus NAV.