Friday, February 21, 2014

PowerShares MENA Frontier Countris Prt (PMNA) is being closed out by PowerShares

PowerShares MENA Frontier Countris Prt (PMNA) is being closed out by PowerShares. I hate to see this great investment being  discontinued. You can see by the chart below that they are closing out at their all-time high.

PMNA represents 10% of the GWM Marjor Markets folios 1 and 2. Share are being liquidated at $13.61 per share and cash will be returned to accounts in a few days. Overall account valuations posted at Folio currently list PMNA at 0 value while the shares are being tendered. Cash proceeds will be deposited back to your accounts on Tuesday the 25th. At that time your accounts will show their true and correct overall valuations.


PowerShares MENA Frontier Countris Prt 
(PMNA)

PMNA being liquidated at all time high, $13.61 per share.



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Invesco PowerShares is leading the Intelligent ETF Revolution through its family of more than 120 domestic and international exchange-traded funds (ETFs). PowerShares ETFs seek to outperform traditional benchmark indexes while providing advisors and investors access to an innovative array of focused investment opportunities.


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