PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), announced today it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for 11 new fixed-income ETFs. The PowerShares Emerging Markets Sovereign Debt Portfolio included in the filing is expected to begin trading in October.
"The Emerging Markets Sovereign Debt Portfolio represents another first for the ETF marketplace," said Bruce Bond, President of PowerShares Capital Management. "The underlying Deutsche Bank index is enhanced and seeks to both optimize performance and improve liquidity. It seeks to deliver strong investor value by providing intelligent and convenient access to a more difficult-to-reach asset class. The ETF structure also provides the added benefits of intraday liquidity and tax efficiency."
