Opta S&P Listed Private Equity Index Net Return

This ETN offered by Lehman Brothers is designed to track the S&P Listed Private Equity Index Net Return, which contains the stocks of 30 listed private equity companies. The value of the index is determined by changes in the stock prices of the underlying companies and dividends minus applicable withholding taxes. The index is rebalanced semi-annually.

The ETN trades on the NYSE ARCA exchange under the symbol PPE, and charges an expense fee of 0.75%.