Invesco launches two new ETFs on Xetra
Deutsche Börse has announced the launch of two new Invesco PowerShares ETFs based on agricultural companies and the FTSE RAFI All-World 3000 Index on Xetra, Deutsche Börses ETF trading venue.
The PowerShares Global Agriculture Ucits ETF tracks the performance of the NASDAQ OMX Global Agriculture Index. The reference index comprises globally active companies from the agricultural sector which are listed in the NASDAQ. The stocks are weighted by free-float market capitalisation.
The PowerShares FTSE RAFI All-World 3000 UCITS ETF enables investors to participate in the change in value of the FTSE RAFI All-World 3000 Index. Companies are selected based on fundamentals, using the following four criteria: revenue, cashflow, and dividend yield and price-to-book ratio.