Small Percentage of PowerShares ETFs Expected to Distribute Cap Gains
December 15, 2014 at 09:00 AM EST
Further underscoring the tax efficiencies available with exchange traded funds, Invesco’s (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF issuer, said it expects just nine of its 116 ETFs to distribute capital gains this year. As is often the norm, PowerShares joins a growing list of its...