Financial News

Small Percentage of PowerShares ETFs Expected to Distribute Cap Gains

Further underscoring the tax efficiencies available with exchange traded funds, Invesco’s (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF issuer, said it expects just nine of its 116 ETFs to distribute capital gains this year. As is often the norm, PowerShares joins a growing list of its...
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