ETF Launch: PowerShares Three Asset Allocation ETF’s (PCA, PAO, PTO)

May 1, 2008 by Douglas A. McIntyre

Invesco PowerShares Capital Management LLC listed three new exchange traded funds (ETF) on the NYSE Amex. The ETFs will give investors exposure to long-term, core asset allocation strategies by investments in other ETFs. The ETF’s are as follows:

  • PowerShares Autonomic Balanced NFA Global Asset Portfolio (AMEX: PCA)
  • PowerShares Autonomic Balanced Growth NFA Global Asset Portfolio (AMEX: PAO)
  • PowerShares Autonomic Balanced Growth NFA Global Asset Portfolio (AMEX: PTO)

They are risk-controlled asset allocation portfolios that invest in specific ETFs by New Frontier Advisors.  These ETFs use the patented Resampled Efficiency optimization process by New Frontier Advisors to select appropriate weights of ETFs in which the index invests. The fund is expected to launch May 15, 2008.

PCA – PowerShares Autonomic Balanced NFA Global Asset Portfolio ties to the New Frontier Global Dynamic Indexes. This index uses a patented The profile includes 60% equities and 40% taxable fixed income.

PAO – PowerShares Autonomic Balanced Growth NFA Global Asset Portfolio ties to the New Frontier Dynamic Balanced Growth Index. PAO includes 75% equities and 25% taxable fixed income.

PTO – PowerShares Autonomic Growth NFA Global Asset Portfolio ties to New Frontier Global Dynamic Growth Index. The PTO includes approximately 90% equities and 10% taxable fixed-income.

Rachel Lopez
May 1, 2008

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