From Yahoo Finance
Fund summary
The investment is designed to diversify your investment in the Internet industry through a single, exchange-listed instrument representing your undivided beneficial ownership of the underlying securities. The trust holds shares of common stock issued by specified companies that, when initially selected, were involved in the Internet industry.
Major holdings
EBay
Yahoo
Amazon
Time Warner
Although I do like Amazon,the sector as a whole looks weak.
Valuation
average pe 26.81
average pb 3.04
But then again I am not an expert at internet company valuation,so this might be reasonable valuation to an expert.But it seems too high for me.
$57.91 (04/07/08)
