PowerShares Source lists 2 ETFs on preferred equities…..
|
Product Name |
PowerShares Preferred Shares UCITS ETF EUR Hdg Dist |
|
ISIN |
IE00BDT8V027 |
|
Symbol |
PRFE |
|
Fund Currency |
USD |
|
Trading Currency |
EUR |
|
Bloomberg Ticker |
PRFE SW |
|
Reuters Ticker |
PRFE.S |
|
Underlying |
BoAML Diversified Core Plus Fixed Rate Pref Sec NTR Index |
|
Management Fee |
0.550% |
|
Product Name |
PowerShares Preferred Shares UCITS ETF CHF Hdg Acc |
|
ISIN |
IE00BDT8TZ34 |
|
Symbol |
PRFC |
|
Fund Currency |
USD |
|
Trading Currency |
CHF |
|
Bloomberg Ticker |
PRFC SW |
|
Reuters Ticker |
PRFC.S |
|
Underlying |
BoAML Diversified Core Plus Fixed Rate Pref Sec NTR Index |
|
Management Fee |
0.550% |
The BofA Merrill Lynch Diversified Core Plus Fixed Rate Preferred Securities Net Total Return index tracks the performance of fixed rate US dollar denominated preferred securities issued in the US domestic market.
Index constituents are capitalisation-weighted subject to a 10% issuer cap (Additionally, no more than 40% of the index can be comprised of issuers that individually account for more than 5% of the index) .
Securities must be rated at least B3 based on an average of three leading ratings agencies: Moody’s, S&P, and Fitch, and must have an investment-grade country risk profile. The Fund and the Index are rebalanced and reconstituted on a monthly basis.
Source: ETFWorld