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ProShares Global Listed Private Equity ETF
PEX (ProShares Global Listed Private Equity ETF) is an active Global Equity ETF by ProShares. With a 2.95% MER, it provides diversified exposure through 10 holdings. Quarterly distribution with a 12.77% yield.
PEX is actively managed by ProShares's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 2.95% MER reflects the costs of a more specialized management approach. It pays a quarterly distribution with a 12.77% yield, making it attractive for income-seeking investors.
It is a popular choice as a core holding in long-term portfolios, whether in a TFSA, RRSP, or FHSA.