ETF providing leveraged exposure to the Euro
ProShares Ultra Euro seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the price of the euro versus the U.S. dollar. ProShares Ultra Euro is designed for knowledgeable investors who seek to profit from the euro growing stronger relative to the U.S. dollar.
Please read the prospectus carefully before investing. Available Here
This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. 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. Investors should monitor their holdings as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.
The ETF is listed on the NYSE Arca under code ULE
For more information – Click here to go to the ETF information pages
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