The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the ICE U. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index ...
The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the ICE U. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index includes publicly- issued U.S. Treasury securities that have a remaining maturity of greater than or equal to seven years and less than or equal to ten years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. The fund is non-diversified.
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