PowerShares Listed Private Equity Portfolio (PSP)
- Global Equity | Financial Services Funds
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Best Fit Financial Services Funds ETFs
U.S. News evaluated 43 Financial Services Funds ETFs and 13 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Typical |
| Tracking Error | Typical |
| Bid/Ask Ratio | Excellent |
| Holdings Diversity | Typical |
Fund Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Red Rocks Global Listed Private Equity IndexSM. The fund generally will invest at least 90% of its total assets in securities (including American depositary receipts ("ADRs") and global depositary receipts ("GDRs")) that comprise the underlying index. The underlying index is composed of securities, ADRs and GDRs of 40 to 75 private equity companies, including business development companies ("BDCs"), master limited partnerships ("MLPs") and other vehicles. It is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | $11.57 | Expense Ratio | 0.60% |
| YTD Return | 14.9% | Avg. 30-Day Volume | 240,753 |
| 1-Year Return | 39.9% | Market Cap | Loading... |
| Bid | $11.51 | Shares Outstanding | 35,250,000 |
| Ask | $11.52 | Dividends | $0.40 |
| Top 10 Holdings | |
|---|---|
| Partners Group Hlg (E:PGHN) | 5.60% |
| Onex Corp (E:OCX) | 5.27% |
| Blackstone Group L P (BX) | 4.63% |
| 3I Group (E:III) | 4.44% |
| Melrose Indust Plc (E:MRO) | 4.14% |
| Leucadia Natl Corp (LUK) | 4.07% |
| Wendel (E:MF) | 4.03% |
| Eurazeo (E:RF) | 3.79% |
| Hal Trust (E:HAL) | 3.56% |
| Kkr & Co L P Del (KKR) | 3.23% |
| % of Total Holdings | 42.80% |
