Invesco Powershares To Shut Two ETFs

Emerging Global Advisors has rolled out a set of investment funds for sector investing in emerging market countries.

Invesco PowerShares Capital Management is seeking to close two actively managed exchange-traded funds (ETFs). The ETF provider has also got approval from its board of trustees for the same.

The portfolios listed on NYSE Arca will be last traded on Sept. 30, 2011. The two portfolios are the PowerShares Active Alpha Multi-Cap Fund and the PowerShares Active AlphaQ Fund.

Click here for the release from Market Wire.