PowerShares launched the below ETFs

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 ( PBUS ), which has a 0.04% expense ratio PowerShares PureBetaSM MSCI USA [...]