PEX

📎 Investment Objective

The ProShares Global Listed Private Equity ETF (PEX) seeks to provide investment results that correspond generally to the performance of the LPX Direct Listed Private Equity Index, which is designed to provide exposure to the global listed private equity industry.

✨ Key Features

• Provides exposure to the global listed private equity industry
• Tracks the LPX Direct Listed Private Equity Index
• Invests in publicly traded private equity firms and business development companies
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The value of the ETF's shares may fluctuate due to changes in the market value of the underlying securities
• Sector concentration risk: The fund's performance may be more volatile due to its focus on the private equity industry
• Liquidity risk: The underlying securities may have limited trading volume, which could impact the fund's ability to sell positions
• Tracking error risk: The fund may not perfectly track the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to the global private equity industry as part of a diversified portfolio. Investors should have a long-term investment horizon and be willing to accept the higher volatility and risks associated with the private equity sector.