Powershares QQQ Trust series 1
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The Powershares QQQ Trust Series 1 ETF tracks the NASDAQ-100 Index and holds the largest non-financial stocks listed on the NASDAQ. Over 37% of its holdings are in technology companies, while communications and consumer non-cyclical sectors each make up around 19% of the fund. It has a low expense ratio of 0.2% and trades with minimal bid-ask spreads, making it a cost-effective way to gain exposure to large-cap US growth stocks, particularly in the technology sector. Analysis of the fund's performance indicates it may outperform in the current economic environment and time of year.
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