MutualFundWire.com: A PowerShares ETF Hits $1B
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
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
Back to Top