- Electric Utilities Industry ETF
- An exchange-traded fund that invests in companies which generate and distribute electric power. Electric utilities generally account for more than 80% of holdings of the largest utilities ETFs. However, since the balance is taken up by utilities that operate in other sectors such as gas, water and pipelines, these ETFs are better characterized as utilities ETFs.
Due to the nature of their business, most electric utilities have stable cash flows and high dividend payouts. Such defensive characteristics make utilities ETFs desirable investment candidates during market downturns, as well as during periods of low interest rates, low inflation and economic uncertainty.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
CNBC — Coordinates: 40°53′55″N 73°56′21″W / 40.89861°N 73.93917°W / 40.89861; 73.93917 This article is about the business news chan … Wikipedia