Private equity is raised from retail and institutional investors, and then used to fund new technologies, strengthen a company’s finances or expand the firm.
Top holdings include Onex Corp 4.9%, Citi Blackstone Trs 4.7% and Melrose Industries 4.6%. Sector allocations include financials 76.2%, derivatives 11.0%, industrials 6.4%, investment companies 3.9% and materials 2.5%.
Top country allocations include U.S. 39%, U.k 17.3% and France 8.0%.
PowerShares Global listed Private Equity Portfolio
For more information on dividend funds, visit our dividend ETFs category.
Max Chen contributed to this article.