Name and Ticker Symbol of the Four ProShares UltraShort ETFs:
• ProShares UltraShort MSCI Europe-Ticker Symbol “EPV”
• ProShares UltraShort MSCI Pacific ex-Japan– Ticker Symbol “JPX”
• ProShares UltraShort MSCI Brazil– Ticker Symbol “BZQ”
• ProShares UltraShort MSCI Mexico Investable Market – Ticker Symbol “SMK”
ProShares UltraShort MSCI Europe
ProShares UltraShort MSCI Europe seeks daily investment results, before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Europe Index.
ProShares UltraShort MSCI Pacific ex-Japan
ProShares UltraShort MSCI Pacific ex-Japan seeks daily investment results, before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Pacific ex-Japan Index.
ProShares UltraShort MSCI Brazil
ProShares UltraShort MSCI Brazil seeks daily investment results, before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Brazil Index.
ProShares UltraShort MSCI Mexico Investable Market
ProShares UltraShort MSCI Mexico Investable Market seeks daily investment results, before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Mexico Investable Market Index.
These funds seek a -200% return of an index for a single day. 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 return for the same period. Investors should monitor their holdings consistent with their strategies, as frequently as daily. The funds’prospectus describing correlation, leverage and other risks is available at www.proshares.com
Background on Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's US market for ETFs, has 670 primary ETF and 46 primary ETV listings. Additionally, NYSE Arca lists 85 ETNs, 222 Certificates, while trading all other eligible ETPs on an Unlisted Trading Privileges basis. On its European markets, NYSE Euronext has 382 primary ETFs, 74 ETV listings, 4 ETN and lists a total of 12,293 Warrants and Certificates as of the end of April 2009.
ProShares, which introduced the first short and leveraged ETFs in 2006, continues to be a leader in launching innovative new products—for two years in a row, ProShares has led the industry in attracting assets to newly launched ETFs.1 It is part of ProFunds Group, the world’s largest manager of short and leveraged funds2, which now includes 84 ProShares ETFs, and 115 ProFunds mutual funds. Since 1997, ProFunds has provided investors with access to sophisticated investment strategies, with offerings that include funds that seek to magnify daily index performance and funds that seek to increase in value when markets decline. The group also manages the Canada-based Horizons BetaPro ETFs.
ProFunds Group includes ProFunds mutual funds and ProShares ETFs. ProFunds Distributors, Inc. is distributor for ProFunds mutual funds. ProShares ETFs registered under the Investment Company Act of 1940 are distributed by SEI Investments Distribution Co., which is not affiliated with ProFunds Group or its affiliates.
About NYSE Euronext
NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit: www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
NYSE Euronext and its affi liates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
(1) Source: Citigroup ETF Flow Report, based on an analysis of ETPs introduced in 2007 and 2008.
(2) Source: Lipper, based on a worldwide analysis of all of the known providers of publicly traded funds in these categories. The analysis covered ETFs, ETNs, and mutual funds by the number of funds and assets (as of 6/30/2008).