As the ETF world has grown over the past few years, investors have had the opportunity to access a number of different asset classes that were once off-limits to the average investor. Products targeting a number of currencies, commodities, and emerging markets that were at one time inaccessible to all but the biggest and most powerful investors can now be traded by nearly any investor, opening up a wide world of possibilities to spread risk around and achieve alpha in a portfolio. [click to continue…]
Invesco PowerShares, the Wheaton, Illinois based firm known for its “intelligent” ETF products, is planning to change the indexes underlying three of the company’s Target Allocation ETFs according to a recent SEC filing. PowerShares is also looking to make a change to its high yield bond ETF. The changes to the product lineup include:
Charles Schwab is continuing its push into the ETF industry, recently introducing six new managed portfolios of ETFs available through a low cost fee-based portfolio advisory program. The managed accounts program will offer an efficient way for investors to immediately establish a well-diversified portfolio, each of which will be composed of up to 24 ETFs [...]