Rochester, NY 9/4/2009 5:48:00 PM
News / Business

ZSL UltraShort Silver ProShares, Long-Term Treasury Bonds

UltraShort Silver ProShares

ProFunds Group, the world’s largest manager of leveraged and inverse funds,1 announced today that it is launching an ETF designed to provide short exposure to the market for long-term U.S. Treasury bonds. ProShares Short 20+ Year Treasury (TBF) is built to produce 100% of the inverse performance of the Barclays Capital 20+ Year U.S. Treasury Index for a single day, excluding fees and expenses.

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Last Trade:    5.96
Trade Time:    Sep 3
Change:    0.00 (0.00%)
Prev Close:    5.96
Open:    N/A
Day's Range:    N/A - N/A
52wk Range:    0.00 - 29.97
Volume:        0
Avg Vol (3m):    924,102
YTD Return (Mkt)²:    -46.61%

About UltraShort Silver ProShares

ProShares UltraShort Silver (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of silver bullion as measured by the United States dollar fixing price for delivery in London. The Fund will not directly or physically hold the underlying silver, but instead will seek exposure to silver through the use of financial instruments, whose value is based on the underlying price of silver to pursue their investment objective. The benchmark price of silver will be the United States dollar price of silver bullion as measured by the London fixing price per troy ounce of unallocated silver bullion for delivery in London through a member of the London Bullion Market Association (LBMA) authorized to effect such delivery. The Fund’s investment advisor is ProShare Advisors LLC.

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