HealthShares, Inc. - HealthShares Respiratory/Pulmonary Exchange-Traded Fund

As on September 30, 2008, HealthShares, Inc. - HealthShares Respiratory/Pulmonary Exchange-Traded Fund went out of business. HealthShares, Inc. - HealthShares Respiratory/Pulmonary Exchange-Traded Fund is an exchange traded fund launched and managed by XShares Advisors LLC. The fund is co managed by BNY Investment Advisors. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating healthcare, lifesciences and biotechnology sector. It invests in companies involved in the research, development and commercialization of therapeutic agents treating various respiratory and pulmonary diseases. The fund also invests in ADR’s and GDR’s. It invests in stocks of companies with market capitalization above 15 billion dollars or below 100 million dollars. The fund replicates the performance of its portfolios against the HealthShares Respiratory/Pulmonary Index. It invests in stocks of companies listed on the HealthShares Respiratory/Pulmonary Index in proportion to their weighting in the index. HealthShares, Inc. - HealthShares Respiratory/Pulmonary Exchange-Traded Fund was formed on March 12, 2007 and is domiciled in the United States.