Invesco PowerShares launched the PowerShares Emerging Markets Infrastructure Portfolio (PXR) last week.

The ETF is based on the S-Network Emerging Infrastructure Builders Index(SM).

The Index is designed to measure the overall performance of securities of companies involved in infrastructure construction and development in emerging market countries.

Industries include, but are not limited to, construction and engineering, construction machinery, construction materials, diversified metals and mining, heavy electrical equipment, industrial machinery and steel.