ETF Trends
04-11-2008, 07:50 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/04/11/shiny_star_3.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/11/shiny_star_3.jpg) The long-awaited actively managed exchange traded funds (ETFs) from Invesco PowerShares are here. They're billed as the industry's first three actively managed equity ETFs (http://money.cnn.com/news/newsfeeds/articles/marketwire/0385891.htm), and they began trading on the NYSE Arca today.
All of the funds' holdings are to be disclosed daily on the fund's website. They are:
PowerShares Active Low Duration Fund (PLK (http://finance.yahoo.com/q?s=plk)): Invests in a portfolio of U.S. government, corporate and agency debt securities. It seeks to outperform the Lehman Brothers 1-3 Year U.S. Treasury Index. The unitary fee will be 0.29%.
PowerShares Active Mega Cap Fund (PMA (http://finance.yahoo.com/q?s=pma)): Invests primarily in the equity securities of mega-caps. It seeks to outperform the Russell Top 200 Index. The unitary fee will be 0.75%.
PowerShares Active AlphaQ Fund (PQY (http://finance.yahoo.com/q?s=pqy)): Invests in a portfolio of about 50 securities listed on the Nasdaq Global Market. It seeks to outperform the Nasdaq 100 Index, and the unitary fee will be 0.75%.
PowerShares Active Alpha Multi-Cap Fund (PQZ (http://finance.yahoo.com/q?s=pqz)): Invests in about 50 securities selected according to a methodology developed by AER advisors. It seeks to outperform the S&P 500. Its unitary fee will be 0.75%.The unitary fee is the one fee used to cover expenses incurred in connection with managing the portfolio.
Bear Stearns launched (http://www.etftrends.com/2008/03/yyy-launches-il.html) the first actively managed ETF in late March, Bear Stearns Current Yield Fund (YYY (http://finance.yahoo.com/q?s=yyy)).
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/268636600/powershares-lau.html)
http://www.etftrends.com/images/2008/04/11/shiny_star_3.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/11/shiny_star_3.jpg) The long-awaited actively managed exchange traded funds (ETFs) from Invesco PowerShares are here. They're billed as the industry's first three actively managed equity ETFs (http://money.cnn.com/news/newsfeeds/articles/marketwire/0385891.htm), and they began trading on the NYSE Arca today.
All of the funds' holdings are to be disclosed daily on the fund's website. They are:
PowerShares Active Low Duration Fund (PLK (http://finance.yahoo.com/q?s=plk)): Invests in a portfolio of U.S. government, corporate and agency debt securities. It seeks to outperform the Lehman Brothers 1-3 Year U.S. Treasury Index. The unitary fee will be 0.29%.
PowerShares Active Mega Cap Fund (PMA (http://finance.yahoo.com/q?s=pma)): Invests primarily in the equity securities of mega-caps. It seeks to outperform the Russell Top 200 Index. The unitary fee will be 0.75%.
PowerShares Active AlphaQ Fund (PQY (http://finance.yahoo.com/q?s=pqy)): Invests in a portfolio of about 50 securities listed on the Nasdaq Global Market. It seeks to outperform the Nasdaq 100 Index, and the unitary fee will be 0.75%.
PowerShares Active Alpha Multi-Cap Fund (PQZ (http://finance.yahoo.com/q?s=pqz)): Invests in about 50 securities selected according to a methodology developed by AER advisors. It seeks to outperform the S&P 500. Its unitary fee will be 0.75%.The unitary fee is the one fee used to cover expenses incurred in connection with managing the portfolio.
Bear Stearns launched (http://www.etftrends.com/2008/03/yyy-launches-il.html) the first actively managed ETF in late March, Bear Stearns Current Yield Fund (YYY (http://finance.yahoo.com/q?s=yyy)).
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/268636600/powershares-lau.html)