Leverage Baby!

“ProShares Launches First ETFs to Provide Triple Exposure to S&P 500®

  • Press Release
  • Source: ProFunds Group
  • On Thursday June 25, 2009, 10:17 am EDT

“The S&P 500 has the largest following in the ETP industry with nearly $90 billion of assets benchmarked to it,” said Michael L. Sapir, ProFunds Group Chairman and CEO. “As the leader in short and leveraged ETFs, we are committed to giving investors more choices to manage risk and pursue returns.”

ProShares now offers five ETFs benchmarked to the S&P 500:

ProShares

Ticker
Symbol

Index Objective*
New UltraPro ProShares
UltraPro S&P500 UPRO S&P 500 300% Daily
UltraPro Short S&P500 SPXU S&P 500 -300% Daily
Existing ProShares Benchmarked to S&P 500
Ultra S&P500 SSO S&P 500 200% Daily
Short S&P500 SH S&P 500 -100% Daily
UltraShort S&P500 SDS S&P 500 -200% Daily”

Cause that’s what we need… More leverage.

-KD

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