NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading six ProShares UltraPro Funds. The ETFs are sponsored by .…
ProShares.
The Six ProShares UltraPro funds are:
ProShares UltraPro Dow30 (NYSE Arca: UDOW)
ProShares UltraPro Short Dow30 (NYSE Arca: SDOW)
ProShares UltraPro MidCap400 (NYSE Arca: UMDD)
ProShares UltraPro Short MidCap400 (NYSE Arca: SMDD)
ProShares UltraPro Russell2000 (NYSE Arca: URTY)
ProShares UltraPro Short Russell2000 (NYSE Arca: SRTY)
These funds seek a 300% or -300% return of their indices for a single day, before fees and expenses. Due to the compounding of daily returns, returns over periods other than one day will likely differ in amount and possibly direction from the target returns for the same period. Investors should monitor their holdings consistent with their strategies, as frequently as daily.
Source: ETFWorld – NYSE Euronext (NYX)
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