KBWP vs. SOVF ETF Comparison

Comparison of PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP) to Sovereign's Capital Flourish Fund (SOVF)

KBWP

PowerShares KBW Property & Casualty Insurance Portfolio ETF

KBWP Description

The PowerShares KBW Property & Casualty Insurance Portfolio (Fund) is based on the KBW Property & Casualty Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is a modified market capitalization weighted index that seeks to reflect the performance of approximately 24 property and casualty insurance companies. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$115.85

Average Daily Volume

25,696

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$30.24

Average Daily Volume

17,056

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBWP	SOVF
30 Days	5.44%	0.82%
60 Days	6.55%	0.61%
90 Days	12.51%	6.98%
12 Months	38.41%

1 Overlapping Holdings

	Symbol	Grade	Weight in KBWP	Weight in SOVF	Overlap
	PGR	B	8.87%	2.28%	2.28%

KBWP Overweight 23 Positions Relative to SOVF

Symbol	Grade	Weight
ALL	A	8.36%
CB	B	7.93%
TRV	A	7.92%
AIG	D	7.18%
CINF	B	4.34%
AIZ	C	4.19%
RNR	B	4.19%
HIG	B	4.14%
WRB	C	4.14%
THG	A	4.12%
ACGL	A	4.07%
AXS	B	3.92%
RLI	B	3.89%
AFG	B	3.79%
EG	B	3.7%
KMPR	D	3.64%
SIGI	C	3.43%
MCY	C	3.16%
SPNT	C	2.26%
HMN	C	1.34%
PRA	C	0.63%
UVE	B	0.55%
JRVR	F	0.24%

KBWP Underweight 9 Positions Relative to SOVF

Symbol	Grade	Weight
COKE	C	-3.04%
DAVA	D	-2.82%
GSHD	C	-2.66%
ALKT	D	-2.61%
PRI	B	-2.45%
LOPE	D	-2.39%
LCII	C	-2.38%
CBRE	B	-2.36%
FOLD	D	-2.25%