The PowerShares Listed Private Equity Portfolio (Fund) seeks to replicate the Red Rocks Capital Listed Private Equity IndexSM, which includes more than 30 U.S. publicly listed companies with direct investments in more than 1,000 private businesses. This gives investors diversified exposure to a wide range of growth and value- oriented listed private equity companies in a single product. The LPE IndexSM is rebalanced and reconstituted quarterly and fund holdings are disclosed every day, giving investors a much higher level of transparency than is often available in traditional private equity funds.
* Trading Characteristics Definitions Spread : The average dollar difference between the best bid and best offer across all exchanges for the specified time period, weighted by volume. *Spread : Is the monthly average of the daily spread. % Spread : The average spread amount divided by the average bid-ask midpoint, weighted by volume. Share Volume : Composite Volume - total number of shares traded on all exchanges and Nasdaq. Dollar Volume : Dollar amount of shares traded on each exchange for the specified symbol, based on the stocks average price for the time period specified.
