Get more! Sign up for PLANSPONSOR newsletters.
Products April 29, 2010
New ProShares ETFs Offer Exposure to Overseas Indexes
April 29,
2010 (PLANSPONSOR.com) – ProShares has launched U.S. ETFs designed
to provide magnified exposure to indexes covering Europe, Pacific ex-Japan,
Brazil, and Mexico.
Reported by
Fred Schneyer
A news release said the four ETFs, which seek 200% of the daily return of their respective indexes before fees and expenses, will be listed on NYSE Arca Thursday.
“The ETFs we’re launching today offer U.S. investors new ways to obtain magnified exposure to these widely-followed regions and countries,” said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares’ investment adviser, in the announcement.
The new offerings include:
ProShares | Ticker Symbol | Index | ||
Ultra MSCI Europe | UPV | MSCI Europe Index | ||
UXJ | MSCI Pacific ex Japan Index | |||
UBR | MSCI Brazil Index | |||
UMX | MSCI Mexico Investable Market Index | |||
You Might Also Like:
Treasury Announces Trump Account Investment Options
A State Street exchange-traded fund based on the S&P 500 will serve as the default, with other index funds to...
Products |
ICI Fact Book Names 2025 Market Milestones
Americans’ retirement nest egg grew by 11% last year and reached a new record total.
Products |
Milliman Launches Health Care Inflation ETFs
The funds are intended to help retirement savers hedge against rising health care costs.
