ProShares lists one equity ultra short ETF on London Stock Exchange.
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By ETFWorld.co.uk
ProShares UltraPro Short QQQ seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index®.
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.
Name : ProShares UltraPro Short QQQ
ISIN : US74347G4322
Sedol : BMH2BB0
Asset Class : Equity
Total Expense Ratio : 0.95%
Reference index : Nasdaq-100 Index®
Source : ETFWorld.co.uk
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