ProShares Launches First "Pure-Play" Infrastructure ETF
Bethesda, MD – March 27, 2014 – ProShares, a premier provider of alternative exchange traded funds, today announced the launch of the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) , the first ETF providing "pure-play" exposure to infrastructure.
"Infrastructure investment has become attractive because of growing global demand, increasing opportunities for private sector investment, and high barriers to entry that limit competition," said Michael Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares' investment advisor. "We are pleased to offer the first ETF that invests exclusively in companies whose primary business is the ownership and operation of infrastructure."
About the Index
TOLZ tracks the Dow Jones Brookfield Global Infrastructure Composite. Its pure-play approach focuses on companies whose assets include airports, toll roads, ports, communications, electricity distribution, oil and gas storage and transport, and water in both developed and emerging markets. To be included in the index, companies must derive more than 70% of their cash flows from infrastructure assets. The index excludes companies that supply services such as construction and engineering to the infrastructure industry.
Since its 2008 inception, the index has generated better returns with lower volatility than both the S&P 500 and the MSCI World Index.1
Offering the nation's largest lineup of alternative ETFs, ProShares helps investors to go beyond the limitations of conventional investing and face today's market challenges. Each ProShares ETF provides access to an alternative investment strategy delivered with the liquidity, transparency and cost effectiveness of an ETF. ProShares' lineup of 145 ETFs includes Global Fixed Income, Hedge Strategies, Geared (leveraged and inverse), and Inflation and Volatility ETFs.
Tucker Hewes, Hewes Communications, Inc., 212.207.9451, firstname.lastname@example.org
ProShares, 866.776.5125, ProShares.com
Mar 27, 2014