UltraShort MSCI Mexico Investable Market
ProShares UltraShort MSCI Mexico Investable Market seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Mexico Investable Market Index.
Product Menu:
Because the value of the Index is not computed as of the close of the U.S. securities markets due to differences in trading hours between U.S. and foreign markets, correlation to the Index will be measured by comparing the daily change in the Fund’s net asset value per share to the performance of one or more U.S. exchange traded securities or instruments that reflect the values of the securities underlying the Index as of the close of the U.S. securities markets.
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, 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.
Fund Snapshot
| Ticker | SMK |
| Intraday Ticker | SMK.IV |
| CUSIP | 74347X872 |
| Inception Date | 6/16/09 |
| Expense Ratio | 0.95% |
| NAV Calculation Time | 4:00 p.m. ET |
Price Information as of 2/8/10
| NAV | $29.43 |
| NAV Change | $0.31 |
| Market Price Closing | $29.42 |
| Market Price Closing Change | $0.36 |
| Daily Trading Volume | 4,150 |
|
Premium/Discount Analysis Tool | NAV History |
|