PowerShares Fuels ETF Fee War with New Low-Cost, Beta Offerings

Invesco PowerShares, an ETF provider known for its alternative or smart beta offerings, rolled out a handful of cheap, traditional beta indexed options under a newly minted PureBeta appellation. On Friday, PowerShares launched the five new ETFs, including: PowerShares PureBetaSM MSCI USA Portfolio (BATS: PBUS), which has a 0.04% expense ratio PowerShares PureBetaSM MSCI USA [...]Click to read more at ETFtrends.com.