PowerShares Launches Ultra-Short-Term Bond ETF, Cash Alternative

Markets ETF Trends

Invesco PowerShares has debuted an ultra-short-term Treasury bond exchange traded fund that catered toward investors in need of posting collateral or a safe haven to park their cash. On Thursday, PowerShares rolled out the PowerShares Treasury Collateral Portfolio (NYSEArca: CLTL). CLTL has a 0.08% total expense ratio. Institutional investors may utilize the ETF as an…Click to read more at ETFtrends.com.

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