Invesco Sets Licensing Pact with KBW

Invesco PowerShares has contracted for exclusive rights to four Keefe, Bruyette & Woods Inc. indexes to offer specialized exchange-traded funds in real estate, financial services and property and casualty insurance.

The four new funds are: PowerShares KBW Premium Yield Equity REIT Portfolio, PowerShares KBW High Dividend Yield Financial Portfolio, PowerShares KBW Global ex-U.S. Financial Sector Portfolio and PowerShares KBW Property & Casualty Insurance Portfolio. The pact was announced Thursday.

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