PEX Profile
The ProShares Global Listed Private Equity ETF is designed to provide investors with exposure to publicly traded companies that are involved in private equity investments. The fund tracks an index that includes up to 30 listed private equity firms, which are selected based on their significant involvement in private equity markets. This exposure allows investors to tap into the performance and growth potential of private equity without directly investing in private equity funds.
Under normal market conditions, the fund invests at least 80% of its total assets in securities that are constituents of the underlying index. This index is structured to reflect the performance of companies globally that are primarily engaged in private equity activities, such as investing in or managing private companies. The ETF’s investment strategy is designed to replicate the index's performance, offering investors a focused approach to accessing private equity opportunities.
The ProShares Global Listed Private Equity ETF will concentrate its investments in the same industries, countries, or regions as the index. This means the fund may have a significant exposure to specific sectors or geographic areas depending on the concentration of the underlying index. This concentration strategy is intended to mirror the index's focus and provide targeted exposure to sectors where private equity firms are most active.
As a non-diversified fund, it may have higher risk due to its concentrated exposure, but it also aims to deliver returns that closely align with the performance of the index. By investing in this ETF, investors gain access to a select group of companies engaged in private equity, offering potential benefits from the unique opportunities available in the private equity space, which is typically less accessible to individual investors.
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