PowerShares EM Local Currency Debt ETF Debuts Thursday

By: Benzinga
Invesco's (NYSE: IVZ ) PowerShares unit, the fourth-largest U.S. ETF issuer, is slated to introduce the PowerShares Fundamental Emerging Markets Local Debt Portfolio (NYSE: PFEM) on Thursday. The PowerShares Fundamental Emerging Markets Local Debt Portfolio, which will charge an annual expense ratio of 0.5 percent, enters a corner of the
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