Ultra MSCI Japan

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

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As of 3/19/10

Security Description	Notional Value	Market Value	Shares/Contracts
MSCI JPY SWAPS	21,023,992.77	-	27,594.53
Net Other Assets / Cash	-	10,499,139.87	10,499,139.87

Holdings are subject to change. ProShares may invest in equity securities and/or financial instruments (including derivatives) that, in combination, should have daily return characteristics similar to the index return times the fund multiple.

This ETF seeks a return of 200% of the return of an index (target) for a single day. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. Investors should monitor their ProShares holdings consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.

ProShares registered under the Investment Company Act of 1940 are distributed by SEI Investments Distribution Co., which is not affiliated with ProFunds Group or its affiliates. Your use of this site signifies that you accept our Terms & Conditions of Use.

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