Portfolio Building Block World Pharma And Biotech Index ETF (PBPH)

Portfolio Building Block World Pharma And Biotech Index ETF (PBPH) is an exchange-traded fund in the Health category. It has $1.02B in assets and an expense ratio of 0.13%. The fund uses a “passive management” approach to track the performance, before fees and expenses, of the index. The index is constructed using a rules-based methodology that identifies companies in the pharmaceutical and/or biotechnology industries with publicly traded ordinary shares listed on major stock exchanges in developed markets, as classified by BITA GmbH. Under normal circumstances, the fund will invest at least 80% of the fund’s net assets in component securities that make up the ind…