The investment bank Merrill Lynch developed a family of sector ETFs. Each fund targets an index of companies in one of seventeen different sectors. Each of the funds holds shares of approximately twenty different firms. Shares of HOLDRS are traded at the AMEX.
Table 23
displays the 17 different funds in the HOLDRS brand.
Fund | Ticker Symbol |
Biotech HOLDRS | BBH |
Broadband HOLDRS | BDH |
BSH Internet HOLDRS | BHH |
Eutop 2001 HOLDRS | EKH |
Internet HOLDRS | HHH |
Internet Architecture HOLDRS | IAH |
Internet Infrastructure HOLDRS | IIH |
Market 2000 HOLDRS | MKH |
Oil Services HOLDRS | OIH |
Pharmaceutical HOLDRS | PPH |
Regional Bank HOLDRS | RKH |
Retail HOLDRS | RTH |
Semiconductor HOLDRS | SMH |
Software HOLDRS | SWH |
Telecom HOLDRS | TTH |
Utilities HOLDRS | UTH |
Wineless HOLDRS | WMH |