UltraShort MSCI Brazil

ProShares Ultrashort MSCI Brazil seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Brazil Index.

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Index/Benchmark Summary

The MSCI Brazil Index is a free-float-adjusted, market capitalization-weighted index that is designed to measure the equity market performance by targeting approximately 85% of the Brazilian market. The Index is divided into large- and mid-cap segments and targets approximately 85% of free float-adjusted market capitalization of the region.

As of 12/31/11

Fundamentals

Total Number
of Companies
Price/Earnings
Ratio
Price/Book
Ratio
Dividend Yield 1
(%)
Average
Index Market
Capitalization
 81 9.80  1.43 4.07 $5.97 billion  

1 = Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Top 10 Index Companies 2 Weight
Petrobras PN 10.01%
Itau Unibanco PN 8.60%
Vale PNA 8.40%
Petrobras ON 7.59%
Banco Bradesco PN 6.52%
Vale ON 5.70%
AmBev PN 5.61%
Itausa PN 2.89%
Brasil Foods ON 2.64%
BM&F BOVESPA 2.11%

2 = ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.

Index Sector Weightings 3 Weight
Financials 25.22%
Energy 21.02%
Materials 20.39%
Consumer Staples 12.10%
Utilities 6.77%
Consumer Discretionary 3.74%
Telecommunication Services 3.66%
Industrials 3.39%
Information Technology 2.81%
Health Care 0.89%

3 = Sum of weightings may not equal 100% due to rounding.