PowerShares Launches Ultra-Short-Term Bond ETF, Cash Alternative
January 12, 2017 at 16:29 PM EST
Invesco PowerShares has debuted an ultra-short-term Treasury bond exchange traded fund that catered toward investors in need of posting collateral or a safe haven to park their cash. On Thursday, PowerShares rolled out the PowerShares Treasury Collateral Portfolio (NYSEArca: CLTL). CLTL has a 0.08%...