|2 New ETFs Focus On Bank Loans And Developed Markets Overseas|
|Thursday, February 03, 2011 13:17|
The cascade of new ETFs continues with two new funds announced by industry stalwarts Invesco PowerShares and iShares.
This Website Is For Financial Professionals Only
Invesco has filed plans for the PowerShares Senior Loan Portfolio, which will function as a 100-loan subset of the much larger S&P/LSTA Leveraged Loan Index, according to ETF Trends.
iShares has filed plans for the iShares S&P International Preferred Stock Index Fund, which will track the S&P index of the same name. The index tracks non-U.S. preferred stocks with a heavy emphasis on financials.