There are several Exchange Traded Funds which have water portfolios. One is PowerShares Global Water (NYSE:PIO), another is PowerShares Water Resources (NYSE:PHO), FirstTrust Water (FIW), and FirstTrust Global Water (CGW).

There are also several mutual funds which restrict their portfolios to water. There is Kinetics Water Infrastructure No Load fund (KWINX); Sustainable Asset Management’s Sustainable Water fund (SMWNX); First Trust ISE Water (NYSE:FIW); PFW Water fund (PFWAX); Allianz RCM Global Water fund (AWTAX); and Calvert Global Water fund (CFWAX).

There are several individual water stocks, but I’d recommend that you purchase a portfolio of them. If you wish to pursue individual names, you can get many of them if you view the ETF or mutual fund’s portfolio.

Volatile…yes, but also full of new opportunities and profit potential.

To read about what opportunities to take advantage of in 2010, check out our most recent News & Views by clicking News & Views on the home page.

Don’t forget our 9th annual Client Appreciation Dinner is March 11th and once again Gary Schlossberg Senior Economist at Wells Fargo Capital Management will be speaking on the current economic and investment market situation. You won’t want to miss it.

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