PowerShares Plans Active ETFs, First Trust Files Files For Nine AlphaDex Funds

With ETF product development off to a robust start in 2012, issuers are continuing to fill the pipeline with new ideas. Industry veteran PowerShares filed with the SEC to bring to market tw0 active ETFs while First Trust has laid the groundwork to beef up its AlphaDEX lineup. Relative newcomer FlexShares made plans for a small cap fund intended for investors who are looking to round out their international exposure. Illinois-based PowerShares has made plans to roll out two intriguing actively managed funds: PowerShares Equity Allocation Portfolio: This ETF seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed income market returns [see also Low Volatility ETFdb Portfolio]. The fund will seek to achieve its investment objective by using quantitative, rules-based strategy that may invest in a combination of equities, volatility “VIX” related instruments, and money market instruments [see [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts