December 03, 2012 at 07:00 AM EST
PowerShares ETFs Go On Sale
Invesco PowerShares jumped on board the recent trend in the ETF industry, drastically lowering fees for six of their international and domestic equity funds. PowerShares, one of the largest ETF issuers by assets and creator of the notable QQQ, has 170 exchange-traded products on the market, including the ultra popular RAFI-weighted funds. After joining the long list of issuers who have reduced fees in an effort to sway investors, the powerhouse issuer has now made their products even more appealing. Though PowerShares ETFs generally maintain low expense ratios to begin with, some of the cuts were quite substantial. For example, expenses on the S&P 500 High Quality Portfolio (SPHQ) declined by more than 40%, dropping from 0.50% to 0.29%. One of PowerShares’ most expensive ETFs, the FTSE RAFI Emerging Markets Portfolio (PXH), is now 36 basis points cheaper, making the RAFI family of funds even more affordable. The new expense structures for these [...] Click here to read the original article on ETFdb.com. Related Posts: RAFI ETFs YTD: Boom Or Bust? RAFI ETF Turns Five, Celebrates Results Does Your Portfolio Need A “RAFI ETF”? PowerShares Adds High Dividend ETF Guide To Small Cap International ETFs
Invesco PowerShares jumped on board the recent trend in the ETF industry, drastically lowering fees for six of their international and domestic equity funds. PowerShares, one of the largest ETF issuers by assets and creator of the notable QQQ, has 170 exchange-traded products on the market, including the ultra popular RAFI-weighted funds. After joining the long list of issuers who have reduced fees in an effort to sway investors, the powerhouse issuer has now made their products even more appealing. Though PowerShares ETFs generally maintain low expense ratios to begin with, some of the cuts were quite substantial. For example, expenses on the S&P 500 High Quality Portfolio (SPHQ) declined by more than 40%, dropping from 0.50% to 0.29%. One of PowerShares’ most expensive ETFs, the FTSE RAFI Emerging Markets Portfolio (PXH), is now 36 basis points cheaper, making the RAFI family of funds even more affordable. The new expense structures for these [...]

Click here to read the original article on ETFdb.com.

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