Invesco PowerShares is shutting down 19 of its 135 funds in a move to weed out ETFs that had failed to attract enough investor attention.
The impacted funds represent less than 1% of Invesco PowerShares total assets which totaled $25.8 billion at the end of March.
The final day of trading for the affected funds will be May 18.
The PowerShares funds to be closed include:
Dynamic Aggressive Growth Portfolio (PGZ)
Dynamic Asia Pacific Opportunities Portfolio (PUA)
Dynamic Deep Value Portfolio (PVM)
Dynamic Europe Portfolio (PEH)
PowerShares Hardware & Consumer Electronics Portfolio Fund (PHW)
FTSE RAFI Asia Pacific Ex-Japan Small-Mid Portfolio (PDQ)
PowerShares FTSE RAFI Basic Materials Sector Portfolio (PRFM)
PowerShares FTSE RAFI Consumer Goods Sector Portfolio (PRFG)
PowerShares FTSE RAFI Consumer Services Sector Portfolio (PRFS)
PowerShares FTSE RAFI Energy Sector Portfolio (PRFE)
FTSE RAFI Europe Small-Mid Portfolio (PWD)
PowerShares FTSE RAFI Financials Sector Portfolio (PRFF)
PowerShares FTSE RAFI Health Care Sector Portfolio (PRFH)
PowerShares FTSE RAFI Industrials Sector Portfolio (PRFN)
FTSE RAFI International Real Estate Portfolio (PRY)
PowerShares FTSE RAFI Telecommunications and Technology Sector Portfolio (PRFQ)
PowerShares FTSE RAFI Utilities Sector Portfolio (PRFU)
High Growth Rate Dividend Achievers Portfolio (PHJ)
International Listed Private Equity Portfolio (PFP)
See the ETF Directory for a complete listing of Invesco PowerShares ETFs.