Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
Invesco Launches ETFs Based on KBW Indexes
The four KBW indexes include:
• The PowerShares KBW Bank Portfolio (KBWB) is based on the KBW Bank Index. The fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the U.S.
• The PowerShares KBW Regional Banking Portfolio (KBWR) is based on the KBW Regional Banking Index. The fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is an equal weighted float-adjusted market capitalization index that seeks to reflect the performance of publicly traded companies that do business as regional banks or thrifts listed on U.S. stock markets.
• The PowerShares KBW Capital Markets Portfolio (KBWC) is based on the KBW Capital Markets Index. The fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges that are publicly traded.
• The PowerShares KBW Insurance Portfolio (KBWI) is based on the KBW Insurance Index. The fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies in the insurance industry that are publicly traded in the U.S.
You Might Also Like:
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/05/23164445/PAPS-052324-Change-in-Retirement-Approach-1196812497-web-432x243.jpg)
Addressing Changing Attitudes Toward Retirement Planning
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2023/10/24145004/PA-102423-Simfund-TDF-Quarterly-web-432x243.jpg)
American Funds Maintains Largest TDF Inflows in 2023
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2023/11/01150136/PA-110123-CITs-1173992602-web-432x243.jpg)