PFL seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the FTSE TMX Canada 1-3 Year Laddered Floating Rate Note Index, or any successor thereto. This PowerShares ETF invests primarily in Canadian government and corporate investment-grade floating rate notes.
The PFL ETF provides physical exposure, so by buying it you actually own parts of all the underlying holdings. We're working to retrieve all detailed holdings information.