Bringing you live news and features since 2006 

Changes to Invesco PowerShares ETF family take effect


IA raft of change to nvesco PowerShares ETF product line announced in March have come into effect.

Nine ETFs from PowerShares' Fundamental Pure Portfolio lineup now track corresponding Russell indexes. The PowerShares NYSE Century Portfolio is now following the Dow Jones US Contrarian Opportunities Index. Each portfolio has a new name, additionally, four ETFs saw a reduction in management fees* and four ETFs received new product tickers.

"Invesco PowerShares is committed to delivering innovative ETF solutions that are aligned with today's investment landscape," says Dan Draper, Managing Director of Invesco PowerShares. "These changes to our ETF offerings may help our clients capture unique growth opportunities as market conditions evolve."

On 12 March, 2015, the Board of Trustees approved changes to the underlying indexes and providers, management fee, expense cap, investment policy and strategy changes for the ETFs. These changes went into effect at market close on 22 May, 2015.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by