GO
Loading...

Hydrate Your Portfolio with an H20 ETF

Water is gaining traction among investors, PowerShares Capital Management LLC President Bruce Bond told “Closing Bell.”

The firm debuts its water ETF on the American Stock Exchange Wednesday, and Bond offered insights on global water demand. “We’ve become more and more aware of the need around the world for portable water,” he told CNBC’s Maria Bartiromo. Poor nations of Asia and Africa, for instance, are in need of more water and infrastructure Bond added.

So, how do you choose the right ETF? Performance is driven by the index it replicates, Bond explained. Investors should therefore evaluate the index 'the same way they would a manager.'

Contact Closing Bell

  • Showtimes

    United States
    Monday - Friday 3:00P ET
    Europe
    Monday - Saturday 21:00 CET
    Asia
    Tuesday - Saturday 03:00 SIN/HK
    Australia
    Tuesday - Saturday 05:00 SYD
    New Zealand
    Tuesday - Saturday 07:00 NZ
  • With almost 30 years experience in business television, Bill Griffeth is co-anchor of the 3 p.m. ET hour of CNBC's "Closing Bell."

  • Kelly Evans

    Kelly Evans is co-anchor of CNBC's "Closing Bell."