Mergent has launched three new exchange-traded funds that are based on its dividend achievers methodology, whereby the funds invest in companies that have increased their dividends for at least the past 10 years. The funds began trading on the American Stock Exchange on Sept. 15.

The new ETFs include the Broad Dividend Achievers Portfolio, the High Growth Rate Dividend Portfolio and the International Dividend Achievers Portfolio. PowerShares Capital Management will manage all three funds.

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