Invesco PowerShares Capital Management is aiming to roll out four beta-and volatility-focused exchange-traded funds (ETFs), Index Universe reports. The Wheaton, Illinois-based firm has filed with the U.S. regulators for the same.
The portfolios will join PowerShares’ volatility and beta plays on the S&P 500 Index, unveiled in May. The four funds are the PowerShares S&P International Developed High Beta Portfolio, the PowerShares S&P International Developed Low Volatility Portfolio, the PowerShares S&P Emerging Markets High Beta Portfolio and the PowerShares S&P Emerging Markets Low Volatility Portfolio.
Click here for the story from Index Universe.