PowerShares EM Local Currency Debt ETF Debuts Thursday
May 08, 2013 at 13:27 PM EDT
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