PowerShares S&P 500 BuyWrite
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Phone: 800-983-0903
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| The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the CBOE S&P 500 BuyWrite index.
The fund normally invests at least 80% of total assets in common stocks of the 500 companies included in the S&P 500 index and writes (sells) call options thereon. It writes (sells) one month call options on the S&P 500 index, in order to generate income on its portfolio holdings each calendar month. The options generally are the prevailing price of the S&P 500 index, and are expired in the next calendar month. The fund is nondiversified. |
| | PBP | Category Avg. | | Total Expense Ratio | 0.75% | N/A | | Annual Holdings Turnover | 83% | 49.33 | | Total Net Assets | 135.68M | 51.94M |
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