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Powershares Fundamental Pure Mid Growth

PowerShares Fundamental Pure Mid Growth Portfolio (NYSEArca: PXMG) is an exchange-traded fund (ETF) that aims to provide investment results that correspond generally to the price and yield of the FTSE RAFI US 1000 Mid Growth Index.

The fund generally invests in equity securities of mid-capitalization U.S. companies classified as growth companies, which are characterized by an above-average earnings growth rate, sales growth rate, cash flow growth rate, and book-to-price ratio. The fund's index is constructed using a fundamentals-weighting methodology, rather than the more traditional market-capitalization weighting methodology, to provide greater exposure to companies with strong financials.

PXMG is managed by Invesco PowerShares, a well-known ETF provider that offers a wide range of investment products based on various asset classes, such as equities, fixed income, and real estate.

It is worth noting that like other ETFs, PXMG can be bought and sold like a regular stock, and it may be a cost-effective way to gain exposure to a diversified portfolio of mid-cap growth companies. However, investing in stocks, including ETFs, always involves risk, and it is important to conduct thorough research and consider seeking advice from a financial advisor before making investment decisions.