Invesco PowerShares has contracted for exclusive rights to four Keefe Bruyette & Woods indexes to offer specialized exchange-traded funds in real estate, financial services and property and casualty insurance.
The four new funds and their respective underlying indexes are: PowerShares KBW Premium Yielf Equity REIT Portfolio, PowerShares KBW High Dividend Yield Financial Portfolio, PowerShares KBW Global ex-U.S. Financial Sector Portfolio and PowerShares KBW Property & Casualty Insurance Portfolio, based on the KBW Premium Yield Equity REIT Index, KBW Financial Sector Dividend Yield Index, KBW Global ex-U.S. Financial Sector Index and KBW Property & Casualty Index.
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