Seeking Alpha
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PowerShares is launching an ETF based on the fundamental indexation methodology. The PowerShares FTSE RAFI US 1000 Portfolio (PRF) is expected to start trading this week. You can read the press release here.

Also, John Spence at Marketwatch reports on changes coming to iShares ETFs linked to S&P style indices. The six funds, (large, mid, small, growth & value) will be rebalanced because of changes to the methodologies of the underlying indices. This will cause some 20-25% turnover. It will be interesting to see what tax-effect this turnover has on the various funds.

If those changes are not “pure