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Created: 03/27/2016 02:39:31 PM -
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ProShares UltraShort Junior Miners
Phone: 866-776-5125
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Market Vectors Global Junior Gold Miners Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index includes companies that generate at least 50% of their revenues from gold mining and/or silver mining or have mining projects with the potential to generate at least 50% of their revenues from gold and/or silver when developed. It is non-diversified.