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Invesco Global Listed Private Equity ETF V.PSP


Primary Symbol: PSP

The investment seeks to track the investment results (before fees and expenses) of the Red Rocks Global Listed Private Equity Index. The fund generally will invest at least 90% of its total assets in securities (including American depositary receipts (ADRs) and global depositary receipts (GDRs)) that comprise the underlying index. The underlying index is composed of securities, ADRs and GDRs of 40 to 75 private equity companies, including business development companies (BDCs), master limited partnerships (MLPs) and other vehicles.


ARCA:PSP - Post by User

Comment by VPofFNEon Oct 12, 2011 4:57pm
323 Views
Post# 19143037

RE: RE: RE: Help me understand

RE: RE: RE: Help me understandFINMAN, the 18 cent offer was by NO MEANS a done deal. It was subject to very real due diligence stipulations. Go have a read on Sedar. According to the people that I know at Revision, when they were able to work with the new management to see if it was possible to continue with the transaction, they were informed of all sorts of things that they were previously unaware of. All would have revised the transaction value down until PSP would have been deemed worthless.

I'm praying that I'm right on the turn around too....I think 2011 is a write off, and they're building for 2012. JMO.

VeeP
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