PowerShares Waives Unitary Fee on New KBW Index ETFs

By: Stock Market News & Stocks to Watch from StraightStocks

Posted on October 31, 2011 at 13:57 PM EDT

PowerShares, the fourth-largest U.S. ETF issuer, announced today that it will waive its unitary fee for the four new ETFs based on Keefe, Bruyette & Woods, Inc. (KBW) indexes that will begin trading on Tuesday Nov. 1, 2011.The unitary fee is the...

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