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Thursday, October 11, 2012 A PowerShares ETF Hits $1B And another ETF has hit a big milestone, Forbes reports. Invesco's PowerShares Senior Loan Portfolio has just reached the $1bn asset under management mark, according to data by Morningstar. According to writer Steve Miller, the The ETF loan fund initially raised $55 million during an initial public offering on March 2011 and hard garnered $194 million by the end of 2011. To learn more about the fund, go to the Forbe's article. Printed from: MFWire.com/story.asp?s=41601 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |