What is the PSFM ETF ?
The PSFM ETF, or "PowerShares Exchange-Traded Fund Series - Financial Momentum ETF," is a specialized investment fund designed to capitalize on the momentum of financial sector stocks. This exchange-traded fund aims to provide investors with exposure to financial companies that are experiencing positive price trends and growth potential. In this article, we delve into the characteristics, investment strategy, and potential benefits of the PSFM ETF for those interested in gaining momentum-driven exposure to the financial sector.