PAGG Profile
The PowerShares Global Agriculture Portfolio (PAGG) is an exchange-traded fund that aims to track the performance of the NASDAQ OMX Global Agriculture Index. The index consists of companies from around the world that are engaged in some aspect of the agriculture industry, including farming, equipment manufacturing, and seed production.
As of September 2021, the PAGG ETF holds a portfolio of 50 stocks, with the largest holdings in companies such as Nutrien Ltd., Archer-Daniels-Midland Co., and Deere & Co. The ETF has a relatively low expense ratio of 0.75% and has total assets under management of around $200 million.
The PAGG ETF provides investors with exposure to the global agriculture industry, which can be a potentially profitable sector due to the growing demand for food, feed, and biofuels. However, investing in the agriculture industry can also come with risks, including weather-related issues, commodity price fluctuations, and changes in government policies and regulations.
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