Certain Commodity ProShares Affected by London's Shift to Standard Time on 10/25/2009
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Since London reverts back to "standard time" one week earlier than New York, we need to temporarily change NAV calculation times and cutoff times for Authorized Participants (AP) to create/redeem shares for ProShares ETFs tied to three benchmarks: Silver, Gold, and the Dow Jones-UBS Commodity IndexSM.1
From October 25 through November 1, 2009, most NAV calculation times and AP cutoff times will move forward one hour. On November 1, 2009, when New York "falls back" one hour our standard times will resume.
| ProShares ETF | Ticker Symbol | AP Create/Redeem Cutoff Time | NAV Calculation Time | ||
| Standard | 10/25–11/1/2009 | Standard | 10/25–11/1/2009 | ||
|
Ultra Silver |
AGQ
|
6:00 a.m. ET | 7:00 a.m. ET | 7:00 a.m. ET | 8:00 a.m. ET |
|
UltraShort Silver |
ZSL
|
||||
|
Ultra Gold |
UGL
|
9:00 a.m. ET | 10:00 a.m. ET | 10:00 a.m. ET | 11:00 a.m. ET |
|
UltraShort Gold |
GLL
|
||||
|
Ultra DJ-UBS Commodity |
UCD
|
10:45 a.m. ET | 11:45 a.m. ET | 2:30 p.m. ET | 2:30 p.m. ET |
|
UltraShort DJ-UBS Commodity |
CMD
|
||||
1 Silver and Gold ETFs are based on pricing set in London. The DJ-UBS Commodity Index includes items traded on the London Metals Exchange (Aluminum, Nickel, Zinc).