Thursday, March 25, 2010 9:27:32 AM
SHARE SPLITS
If the Sponsor believes that the per Share price of a Fund in the secondary market has fallen outside a
desirable trading price range, the Sponsor may direct the Trust to declare a split or reverse split in the number of
Shares outstanding and to make a corresponding change in the number of Shares of such Fund constituting a
Creation Unit.
http://www.proshares.com/media/documents/ProSharesCommodityCurrencyProspectus.pdf
Creation Units You must purchase Shares in large blocks,
known as “Creation Units.” For each Fund, a Creation
Unit is comprised of 75,000 shares.
For any particular Fund, the number of Shares in a
Creation Unit will not change, except in the event of a
share split, reverse split or similar revaluation. The
Funds will not issue fractional Creation Units. The
Funds reserve the right to reject purchase orders in
certain circumstances, as described in the SAI.
page 143
http://www.proshares.com/media/documents/ProSharesProspectus.pdf
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