The PowerShares S&P SmallCap Industrials Portfolio (PSCI) is an exchange-traded fund (ETF) that tracks the performance of the S&P SmallCap 600 Capped Industrials Index. The index consists of small-cap companies in the industrial sector of the U.S. economy. The ETF was launched on October 23, 2006, and is managed by Invesco.
As of February 25, 2023, the market capitalization of PSCI is approximately $287.8 million. PSCI seeks to provide investors with investment results that correspond generally to the price and yield performance of the underlying index. The fund is designed to be a diversified portfolio of small-cap industrial stocks with exposure to various industries such as aerospace and defense, construction and engineering, industrial conglomerates, and machinery.
Investors interested in PSCI should be aware that as with any investment in stocks, small-cap stocks can be more volatile and risky than larger companies. Additionally, the ETF's performance can be affected by economic conditions, government regulations, and changes in the financial markets. It is important for investors to conduct their due diligence and carefully consider their investment objectives, risk tolerance, and financial situation before investing in PSCI or any other investment.
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