Invesco PowerShares prepares 4 ETFs based on "FIRE" indexes

09/8/2010 | · · ETF Trends

Invesco PowerShares is seeking approval from the Securities and Exchange Commission to launch four passively managed exchange-traded funds investing in the financial, insurance and real estate sectors. All of the ETFs would be linked to indexes managed by Keefe, Bruyette & Woods and would trade on NYSE Arca. The funds are the PowerShares KBW Global ex-U.S. Financial Sector Portfolio, the PowerShares KBW High Dividend Yield Financial Portfolio, the PowerShares KBW Property & Casualty Insurance Portfolio and the PowerShares KBW Premium Yield Equity REIT Portfolio.

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