PowerShares announced they are expanding their global series exchange traded funds (ETFs) with a newly anticipated listing. The ETF is based on the FTSE-RAFI with the new portfolio covering international real estate companies, ex-U.S.PowerShares FTSE-RAFI International Real Estate ex-US Portfolio (PRY) should begin trading on NYSE Arca on December 28, 2007.

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.

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