Close Close

Portfolio > Portfolio Construction

Actively-Managed ETFs

Your article was successfully shared with the contacts you provided.

On April 11, Invesco PowerShares announced that the industry’s first three actively managed equity ETFs and PowerShares’ first actively managed fixed-income ETF are scheduled to begin trading on the NYSE.

PowerShares Active Low Duration Fund seeks to provide total return by investing in a portfolio of U.S. government, corporate, and agency debt securities selected by Invesco World-Wide Fixed Income. The Fund seeks to outperform its benchmark, Lehman Brothers 1–3 Year U.S. Treasury Index, by applying an actively managed, top-down portfolio construction and bottom-up security selection total return strategy. The Fund’s effective duration is estimated to be in the range of zero to three years.

PowerShares Active Mega Cap Fund seeks to provide long-term growth of capital by investing primarily in the equity securities of mega-capitalization companies according to a quantitative approach developed by Invesco Quantitative Strategies, seeking to outperform its benchmark–the Russell Top 200 Index–by employing a systematic approach to portfolio management that includes “quantitative models based on fundamental and technical evaluations and an optimization process that seeks to effectively manage relative risk,” according to the company’s announcement.

PowerShares Active AlphaQ Fund seeks to provide long-term capital appreciation by investing in a portfolio of approximately 50 securities listed on the Nasdaq Global Market, “selected pursuant to a proprietary stock screening methodology developed by AER Advisors, Inc.,” seekinmg to achieve returns in excess of the NASDAQ 100 Index.

PowerShares Active Alpha Multi-Cap Fund also seeks to provide long-term capital appreciation by investing in a portfolio of approximately 50 securities using the AER’s methodology as well, seeking returns in excess of the S&P 500 Index by focusing on the stocks identified through AER’s stock screening methodology.


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.