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Scant 2013 Cap Gains Expected for PowerShares ETFs

Invesco’s (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF issuer, said that it expects to deliver zero long-term capital gains distributions across 108 of 115 equity and fixed-income ETFs for 2013. The announcement was made by Illinois-based PowerShares in a statement issued after the...
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