Company Name:: PowerShares S&P 500 BuyWrite Portfolio
Benchmark Index: CBOE S&P 500 BuyWrite Index
Ticker Symbol: PBP
ETF Highlights: The index this ETF is based upon is designed to replicate a hypothetical buy-write (covered call) strategy on the S&P 500 index. This strategy consists of holding a long position on the S&P 500 index and selling call options on the index. This ETF invests in securities in this index and sells call options on these securities.
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