Invesco PowerShares Capital Managementsaid it plans to close 13 ETFs, which represent less than 1% of Invesco PowerShares total assets.
The unlucky 13 ETFs facing the axe in February 2013 include:PowerShares Dynamic Insurance Portfolio(PIC),PowerShares Morningstar(PYH),StockInvestor Core Portfolio(PYH),PowerShares Dynamic Banking Portfolio(PJB),PowerShares Global Steel Portfolio(PSTL),PowerShares Active Low Duration Portfolio(PLK),PowerShares Global Wind Energy Portfolio(PWND),PowerShares Active Mega-Cap Portfolio(PMA),PowerShares Global Coal Portfolio(PKOL),PowerShares Global Nuclear Energy Portfolio(PKN),PowerShares Ibbotson Alternative Completion Portfolio(PTO),PowerShares RiverFront Tactical Balanced Growth Portfolio(PAO),PowerShares RiverFront Tactical Growth & Income Portfolio(PCA) and thePowerShares Convertible Securities Portfolio(CVRT).
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