Bringing you live news and features since 2006 

Invesco PowerShares launches PowerShares DWA Tactical Sector Rotation Portfolio

RELATED TOPICS​

Invesco PowerShares Capital Management has launched the PowerShares DWA Tactical Sector Rotation Portfolio (DWTR), based on the Dorsey, Wright & Associates (DWA) Sector 4 Model. DWA is a leading registered investment advisory firm based in Richmond, Virginia.

"The power of this strategy results from its ability to take the DWA Sector 4 Index and package it in the efficient ETF wrapper, which potentially reduces tax burden, transaction costs, and eases portfolio implementation," says Nick Kalivas (pictured), senior equity product strategist at Invesco PowerShares. "Another potential benefit to this momentum strategy is that it may be used in tactical and strategic allocations when combined with other smart beta products or asset classes."
 
"Invesco PowerShares has been a valued partner to Dorsey Wright for close to a decade," says Tammy DeRosier, President at Dorsey, Wright & Associates. "We are excited to continue our work together, launching this unique sector rotation strategy product that seeks to dynamically adjust monthly to sector trends, as well as prevailing market conditions."
 
DWA's methodology uses technical analysis to identify market trends which can potentially be used to capitalise on performance differences between sectors. Allocations are then adjusted based on DWA's proprietary relative strength methodology.

Latest News

MerQube has announced the appointment of Dave Mueller as Chief Financial Officer. Mueller brings 17 years experience operating in corporate..
Northern Trust Asset Management (NTAM), has announced that David Abner is joining as Head of Global ETFs and Funds...
Nvidia’s market cap surge to more than USD3 trillion making it the second most valuable company in the world almost..
BlackRock writes that May marked the highest inflow month of the year for both rates and high yield (HY) ETPs,..

Related Articles

Darren Johnson, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
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