The PowerShares Active US Real Estate Fund (PSR) is what you’d call the grandfather of actively-managed ETFs, relative to other funds in the space of course. PSR is the second oldest actively-managed ETF in the US, launched by PowerShares in Nov 2008 after its initial suite of 4 Active ETFs hit the market in April 2008. PSR celebrated its 2nd anniversary on November 20th, likely not much with...
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