International corporate-bond ETF is launched by PowerShares

06/3/2010 | · ETF Trends

PowerShares has joined the race to deliver access to international corporate bonds with the launch of an exchange-traded fund. The PowerShares International Corporate Bond Portfolio follows the S&P International Corporate Bond Index. The ETF, which will buy only investment-grade debt, trades on NYSE Arca and has a 0.50% expense ratio.

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