New and Noteworthy «

    New and Noteworthy

    PowerShares has brought to NYSE Arca an exchange-traded fund that buys stocks of companies with a track record of generating solid profit for 100 years or more. The PowerShares NYSE Century Portfolio ETF is linked to the NYSE Century Index. Companies in the index have a market capitalization of $1 billion or more, trade on a U.S. exchange and have been incorporated in the U.S. for at least a century. (SmartBrief/ ETF Trends )

    RBC Global Asset Management has introduced two emerging-market and two fixed-income mutual funds. The RBC Emerging Markets Equity Fund, the RBC Emerging Markets Small Cap Equity Fund, the RBC Short Duration Fixed Income Fund and the RBC Ultra-Short Fixed Income Fund are available to U.S. retail and institutional investors. (SmartBrief/ )

    Trading has begun for three actively managed, stock-focused exchange-traded funds sponsored by State Street Global Advisors and run by MFS Investment Management. The SPDR MFS Systematic Core Equity ETF, the SPDR MFS Systematic Growth Equity ETF and the SPDR MFS Systematic Value Equity ETF trade on the New York Stock Exchange. (SmartBrief/ Barron’s/Focus on Funds blog )