Crude Oil Discussion Board

[JohnCM]

Looking for any information in regards to reverse split or liquidation or any other changes. For example many ETF funds have reduced from 3X to 2X.

Thus far I think we are free and clear with SCO.

I will see if there is a Proshares alert newsletter to subscribe to.

Ultra Bloomberg Crude Oil - UCO

ULTRA BLOOMBERG CRUDE OIL

ProShares Ultra Bloomberg Crude Oil seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg WTI Crude Oil SubindexSM.
This fund is not an investment company regulated under the Investment Company Act of 1940 and is not afforded its protections. Please read the prospectus carefully before investing.

This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

Read more about ProShares Geared Oil and Gas Commodity ETFs.
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Important Notice Regarding Schedule K-1 Tax Packages — K-1 Tax Package information and schedules are available on our K-1 Tax Information page.