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PowerShares Files For Emerging Markets Bond Fund And Dividend ETF
August 03, 2012 at 07:00 AM EDT
This past week has been all downhill for major equity indexes as investors’ received no comfort from banks and lawmakers on both sides of the Atlantic ocean. Hopes of further stimulus began to fade away after Wednesday’s FOMC meeting, during which the Fed cited deteriorating economic growth expectations while at the same time offering no further measures to quell uncertainties. The European Central Bank also disappointed investors as President Draghi indicated that bond repurchases would continue without offering any new initiatives to ensure stability. Amidst another tumultuous trading week on Wall Street, industry giant PowerShares filed for two new funds to add to its already extensive lineup [see also July 2012 ETF Roundup: Launches, Filings, And Closures]. Illinois-based PowerShares recently laid out the groundwork for an emerging markets bond fund, offering investors an option for rounding out their fixed-income component [see SEC Filing]: PowerShares Fundamental Emerging Markets Local Debt Portfolio: This ETF will seek to replicate the price and [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
This past week has been all downhill for major equity indexes as investors’ received no comfort from banks and lawmakers on both sides of the Atlantic ocean. Hopes of further stimulus began to fade away after Wednesday’s FOMC meeting, during which the Fed cited deteriorating economic growth expectations while at the same time offering no further measures to quell uncertainties. The European Central Bank also disappointed investors as President Draghi indicated that bond repurchases would continue without offering any new initiatives to ensure stability. Amidst another tumultuous trading week on Wall Street, industry giant PowerShares filed for two new funds to add to its already extensive lineup [see also July 2012 ETF Roundup: Launches, Filings, And Closures]. Illinois-based PowerShares recently laid out the groundwork for an emerging markets bond fund, offering investors an option for rounding out their fixed-income component [see SEC Filing]: PowerShares Fundamental Emerging Markets Local Debt Portfolio: This ETF will seek to replicate the price and [...]
