PowerShares Preps a New ETF
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Tuesday, July 31, 2012

PowerShares Preps a New ETF

PowerShares has filed with the SEC to launch its fourth actively managed ETF, according to a report.

The filing indicated that the new ETF will be called the PowerShares Dividend Allocation Portfolio, but no expense ratio or ticker were indicated. Managers of this ETF will choose to invest in S&P 500 stocks that comprise the top 50 in dividend yields. Other investment options for this fund are CBOE VIX futures and cash.

The filing states that the fund will invest in equities yielding a high dividend during low-volatility periods, while assets will be put into VIX Index Related Instruments during high-volatility periods.

Printed from:

Copyright 2012, InvestmentWires, Inc.
All Rights Reserved
Back to Top