About ProShare Advisors, LLC
About ProShares | About the Advisors | Short ProShares
ProShare Advisors LLC serves as the investment advisor to ProShares exchange traded funds (ETFs) and is part of ProFunds Group. In addition to ProShares ETFs, ProFunds Group manages ProFunds mutual funds, the nation’s largest lineup of indexed mutual funds.1 Since 1997, ProFunds has provided mutual fund investors with easier access to sophisticated investment strategies, with offerings that include mutual funds that seek to magnify daily index performance and funds that seek to increase in value when markets decline.
ProFunds Group describes the portfolio managers common to ProFund Advisors LLC, advisor to ProFunds mutual funds, and ProShare Advisors LLC, advisor to ProShares ETFs.
1 Source: Lipper, October 6, 2006. Lipper defines an "indexed fund" as an open-end mutual fund (not an Exchange Traded Fund or ETF) that falls into one of the following subcategories: pure index, enhanced index, or index-based. The majority of ProFunds are categorized by Lipper as enhanced index funds.