Skip to Content
scroll

ProShares Ultra Euro ETF (ULE US)

$US 14.50
image description
What does Bull and Bear mean?

Market Matters View Point?

bear
Market Matters
bull
MM are buying ULE US in the Global ETF Portfolio, allocating 10% around $US 14.50

OPINION

ACTION

ULE US
UPDATED 13/09/2021 10:57
MM are buying ULE US in the Global ETF Portfolio, allocating 10% around $US 14.50
Add To Hit List
image description

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

chart
image description
ProShares Ultra Euro (ULE US)
chart
image description
ProShares Ultra Euro ETF (ULE US)
Back to top