Invesco Powershares launched the PowerShares
DWA Global Momentum Index ETF (DWG), which became in the process the first listing on Aequitas» NEO Exchange, which, in a little over a year of existence, is already apparently making significant market share inroads in terms of ETF trading in Canada.
The fund had major equivalent positions in the Schwab International Small - Cap Equity ETF (SCHC), WisdomTree International SmallCap Dividend Fund (DLS), First Trust Dow Jones
Global Select Dividend Index Fund (FGD), iShares MSCI United Kingdom ETF (EWU), PowerShares
DWA Industrials
Momentum Portfolio (PRN), and Vanguard FTSE Europe ETF (VGK).