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Invesco issues nine small-cap ETFs

Invesco PowerShares has launched nine small cap ETFs on Nasdaq. The funds are managed by Invesco PowerShares Capital Management. Each has an annual management fee of 29bp. The nine ETFs will each focus on a particular industry, specifically: consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and utilities. Respectively, the ETFs track the S&P SmallCap 600 Capped…

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