Invesco PowerShares has unveiled an ETF portfolio comprising closed-end funds (CEFs) on NYSE Arca.

Vanguard plans on launching its inaugural range of ETFs for the UK market this year, offering low-cost funds with minimal tracking error.

Evercore Pan-Asset Capital Management has slashed fees for investors buying its PanDynamic funds at launch, in order to entice IFAs into its retail ETF range.

AdvisorShares will create an actively managed ETF with a high yield bond focus, in partnership with Peritus Asset Management in the US.

The average tracking error for US listed ETFs increased in 2009 to around 125 basis points (bps), according to Morgan Stanley.

Van Eck Global has released an ETF providing exposure to Egypt on the NYSE Arca exchange in the US.

Exchange-traded product provider Source has unveiled an ETF tracking the DAX index on the Deutsche Boerse.

ETF Securities (ETFS) has filed with the US Securities and Exchange Commission to launch a physical basket of precious metals to reflect the performance of gold, silver, platinum and palladium.

Deutsche Bank Climate Change Advisors and the Nasdaq OMX Group have created a clean technology index, offering exposure to clean energy, energy efficiency, transport, waste management and water companies.

ProShares has unveiled two ETFs providing three times leveraged exposure to the Nasdaq 100 index in the US.