4 Invesco funds will close today


Invesco (IVZ) PowerShares announced that it will be shutting down 4 ETFs that had failed to gain traction in order to make way for new funds.

The PowerShares KBW International Financial Portfolio (KBWX), MENA Frontier Countries Portfolio (PMNA), Dynamic MagniQuant Portfolio (PIQ) and Lux Nanotech Portfolio (PXN) will all close at the end of trading today.

In totally these ETFs each had at least 3 years of trading, with PXN launching in 2005, but together had only $67 million in total assets.

Related ETFs:  PDP, QUAL, PWO, SIZE, IPF, IXG, AXFN, GAF

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