Nine new exchange traded funds (ETFs) are awaiting approval from the Securities and Exchange Commission (SEC). PowerShares latest products are listed below, according to a company press release:
- Emerging Markets Sovereign Debt Portfolio – responds to the price and yield of the DB Emerging Market USD Liquid Balanced Index
- PowerShares Aggregate Preferred Portfolio – follows the Merrill Lynch Fixed Rate Preferred Securities Index
- PowerShares High Yield USD Bond Portfolio – tracks the Wachovia High Yield Bond Index
- PowerShares Investment Grade Corporate Bond Portfolio – follows the Wachovia Yield Focused Investment Grade Bond Index
- PowerShares Aggregate Bond Portfolio – follows the Merrill Lynch U.S. Corporate, Government and Mortgage Index
- PowerShares 1-30 Laddered Treasury Portfolio – corresponds with the Ryan/Mergent 1-30 Year Treasury Laddered Index
- PowerShares 1-20 Laddered Treasury Portfolio – follows the Ryan/Mergent 1-20 Year Treasury Ladderd Index
- PowerShares 1-10 Laddered Treasury Portfolio – tracks the Features Ryan/Mergent 1-10 Year Treasury Laddered Index
- PowerShares 1-5 Laddered Treasury Portfolio – corresponds with the Ryan/Mergent 1-5 Year Treasury Laddered Index
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.