ETFs are among the fastest growing investment products available today. A big reason for this growth is that ETFs offer investors access to sophisticated asset classes and investment strategies.
ETFs make it easier and relatively inexpensive to get exposure to segments and sub-segments of the financial markets, as well as defined regions of the world. Investors can buy or sell exchange traded funds through a broker, the same as stocks. A brokerage commission to buy or sell will usually apply. It is similar to buying or selling shares of stock. Exchange traded funds are listed on an exchange and can be traded intraday, making it easy for investors to buy or sell ETFs. Investors can purchase as little as one share.
Investing in HealthShares™ can be as easy as 1, 2, 3.
Log on to your online brokerage account.
There are special risks associated with margin investing. As with stocks, you may be called upon to deposit additional cash or securities if your account equity including that which is attributable to HealthShares Funds, declines. With short sales, you risk paying more for a security than you received from its sale.
Transactions in shares of the HealthShares Funds will result in brokerage commissions and will generate tax consequences. Mutual funds and HealthShares are obliged to distribute portfolio gains to shareholders.
Shares of the HealthShares Funds may be sold throughout the day on the exchange through any brokerage account. However, shares may only be redeemed directly from the fund by Authorized Participants in 100 share creation/redemption units.
Neither HealthShares Inc nor its advisor, XShares Advisors provides tax advice. Please note that (i) any discussion of U.S. tax matters contained in this communication (including any attachments) cannot be used by you for the purpose of avoiding tax penalties; (ii) this communication was written to support the promotion or marketing of the matters addressed herein: and (iii) you should seek advice based on your particular circumstances from an independent tax advisor