FYI: Invesco PowerShares has announced that four of its ETFs will close on Dec. 22. All of the funds in question are at least three years old and have between $1 million and $6 million in assets under management.
The list includes the following:
PowerShares Contrarian Opportunities Portfolio (CNTR)
PowerShares Developed EuroPacific Currency Hedged Low Volatility Portfolio (FXEP)
PowerShares Europe Currency Hedged Low Volatility Portfolio (FXEU)
PowerShares Japan Currency Hedged Low Volatility Portfolio (FXJP)
These are the first PowerShares ETFs scheduled to close in 2017. The issuer also closed four funds last year.
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/powershares-close-4-funds
