MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, August 2, 2012 PowerShares Creates a Payout ETF PowerShares plans to market a payout ETF, reports Index Universe. PowerShares S&P 500 High Dividend Portfolio will compete with established funds like the $9.12 billion State Street Global Advisors’ SPDR S&P Dividend ETF and the $1.6 billion iShares High Dividend Equity Index Fund. This is not the firm's first high yield ETF. It's benchmark is the S&P 500 High Dividend Index. This payout ETF will hold 75 securities found in its benchmark, fully replicating it's underlying index. No fees were included in the SEC filings. Printed from: MFWire.com/story.asp?s=40673 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |