Invesco PowerShares unveils first active equity ETFs

The Active Low Duration Fund invests in a portfolio of US government, corporate and agency debt securities, selected by Invesco World-Wide Fixed Income. The fund aims to outperform its benchmark, the Lehman Brothers 1-3 Year US Treasury index, by using an actively managed, top-down portfolio construction and bottom-up security selection total return strategy. The Active Mega Cap Fund invests in the equity securities of mega-capitalisation companies in the Russell Top 200 index, according to

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