Guide To ETF Providers: Invesco PowerShares
Invesco PowerShares currently offers more than 171 domestic and international index-based ETFs, exchange traded notes (ETNs) and actively managed ETFs, with franchise assets exceeding $70 billion. The ETFs represent seven broad categories:
- Access - targeted exposure to niche markets
- Commodity and currency - access to commodities and currencies
- Equity-based resources - companies involved in mining and extracting commodities, the water industry and alternative energy
- Factor-driven - non-leveraged emphasis or minimizing of general market movements
- Fundamentals weighted - based on sales, cash flow, book value and dividends
- Income - income generating portfolios
- Quantitative - evaluation and tiered-weighting based on certain investment criteria such as valuation and risk
Invesco PowerShares is a part of Invesco Ltd. (NYSE:IVZ), an independent global investment management company. One family of PowerShares ETFs is based on FTSE RAFI Indexes, which fundamentally weight stocks according to sales, cash flow, book value and dividends instead of the more traditional approach of weighting indexes according to market capitalization. Invesco PowerShares' largest ETF family is based on Intellidexes - indexes that utilize rules-based quantitative analysis to select stocks for the capital appreciation potential. In addition, PowerShares offer ETFs that target specific industries and world regions, as well as ETFs based on indexes that follow niche investing strategies.
Invesco PowerShares was founded in 2003, and today offers dozens of ETF products that are traded on all major stock exchanges in the U.S., Canada and Europe. The PowerShares QQQ ETF, known simply as the Q's or the cubes, is based on the Nasdaq 100 Index and it one of the most actively traded equity securities in the world.
|Figure 6: Invesco PowerShares\' top five largest funds by AUM. Information current as of Feb. 8, 2013.|
Definition of behavioral funds.
A security that tracks an index, a commodity or a basket of assets ...
Investopedia explains the definition of exchange-traded mutual ...
A nickname given to Africa's growing economies.
An investment strategy in which securities are chosen based on ...
A system of calculating the cost basis on mutual fund positions ...
The Vanguard mutual fund family is one of the largest and most well-recognized fund family in the financial industry. Its ... Read Full Answer >>
Mutual funds, when compared to other types of pooled investments such as hedge funds, have very strict regulations. In fact, ... Read Full Answer >>
Mutual funds in India work in much the same way as mutual funds in the United States. Like their American counterparts, Indian ... Read Full Answer >>
Like most financial assets held by institutions such as banks and investment firms, UTMA accounts can be escheated by state ... Read Full Answer >>
While the specific dormancy and escheatment rules for stock accounts vary by state, all states provide for the escheatment ... Read Full Answer >>
Mutual fund investors have numerous items to consider when selecting a fund, including investment style, sector focus, operating ... Read Full Answer >>