The PowerShares Financial Preferred Portfolio Fund (Ticker: PGF) seeks investment results that correspond generally to the performance, before fees and expenses, of the Wachovia Hybrid & Preferred Securities Financial Index (WHPS). The Index tracks the performance of U.S. listed preferred stocks of preferred stocks issued in the US market by financial institutions selected by Wachovia on a monthly basis. The Index is market capitalization weighted. The fund may not investment more than 20% in any one company. Preferred stocks pay a fixed dividend to shareholders and have a higher claim on assets in the event of a bankruptcy filing than do common stocks. They do not, however, have voting rights, and the dividend does not increase over time. They tend to be less volatile than common stocks, but come with limited upside potential. They are traded largely for their income potential.