By: Benzinga
PowerShares to Introduce Downside Hedge ETF Thursday
Invesco's (NYSE: IVZ ) PowerShares unit, the fourth-largest U.S. ETF issuer, said it today it expects to introduce the PowerShares S&P 500 Downside Hedged Portfolio (NYSE: PHDG ) on Thursday, December 6, 2012. The new ETF, which will feature an annual expense ratio of 0.39 percent, "will be
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