ProShares Global Listed Private Equity ETF

Frequently Asked Questions About PEX

What does PEX invest in?

PEX is the third launch in the Global Private Equity Segment and is a market-cap-selected and -weighted fund, thus offering plain vanilla exposure to investors. The underlying index tracks 30 qualifying listed private equity companies which were screened based on, among other things, greater relative trading volume. Generally, the fund will invest at least 80% of its total assets in component securities of the index, and will primarily invest in common stocks of domestic and foreign companies (including in large part BDCs for US-domiciled companies) of any size.

What is the expense ratio of PEX?

ProShares Global Listed Private Equity ETF (PEX) charges an expense ratio of 2.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PEX?

ProShares Global Listed Private Equity ETF (PEX) manages $11.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PEX actively managed or an index fund?

PEX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PEX launched?

ProShares Global Listed Private Equity ETF (PEX) launched in February 2013 and is managed by ProShares.

How has PEX performed?

PEX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.