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PowerShares To Shift ETFs To Pure Style
PowerShares is planning to switch seven existing products from its dynamic ETF range to Fundamental Pure Style ETFs.
PowerSharesis planning to switch seven existing products from its dynamic ETF range to Fundamental Pure Style ETFs,业务Insiderreports. The re-branded ETFs will seek to replicate RAFI benchmarks based on methodology, developed byResearch Affiliates.
The company will also unveil two new ETFs, including thePowerShares FundamentalPure Large Growth Portfolioand thePowerShares Fundamental Pure LargeValue Portfoliobased on the RAFI indices. Following the move, the PowerShares Fundamental Pure Style suite will include nine ETFs, including theFundamental Pure Large Value Portfolio,Fundamental Pure Mid Core Portfolioand theFundamental Pure Small Growth Portfolio.
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