Powershares ETF

author Posted by: Ethan Bloch on date Nov 18th, 2008 | filed Filed under: Investing Moment, Video

So you’re interested in PowerShares ETFs?

First, let’s review how ETFs, or exchange-traded funds, work. These investment vehicles, like mutual funds, hold assets, such as stocks or bonds. But, unlike mutual funds, they trade on an exchange, like stocks.

PowerShares are simply a brand of ETFs. They’re managed by PowerShares Capital Management LLC, which is a unit of a UK-based investment management company called INVESCO PLC.

There are almost 50 PowerShares ETFs available, and they focus on a variety of market sectors.

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