TOLZ ProShares DJ Brookfield 
Global Infrastructure ETF

Infrastructure Investing: The Pure-Play Advantage

ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) is the only ETF that focuses exclusively on pure-play companies—the owners and operators of infrastructure assets such as toll roads, airports and cell towers. Explore the desirable characteristics and potential advantages of pure-play infrastructure.

TOLZ: Yield at a Reasonable Price

A lot of investors are stretching for yield—but are they overpaying or taking on too much interest rate risk? Find out.

Desirable Investment Characteristics of
Pure-Play Infrastructure

1

Limited competition and steady use

Pure-play infrastructure companies own and operate essential infrastructure assets that include toll roads, cell towers and airports. Daily usage of these assets generates steady income for the owners and operators—and attractive yields for investors.

 

Non-pure play vs. pure play
2

The opportunity to benefit from unmet and emerging needs

Both developed and emerging countries lag in repairing, replacing or building infrastructure to meet demands.

 

Expected infrastructure spending

Source: Global Infrastructure Hub.

3

Historical outperformance

Pure-play infrastructure—companies that derive 70% or more of their cash flows from infrastructure lines of business as tracked by the DJ Brookfield Global Infrastructure Composite Index—have historically outperformed broad infrastructure (defined by S&P Global Infrastructure Index) and global equities (defined by MSCI World Index).

 

Growth of 10k

Click on chart to enlarge

For standardized returns and performance data current to the most recent month end, see TOLZ performance.

READY TO INVEST?

ProShares ETFs can be bought through your online brokerage account or your financial advisor. Search or ask for the ticker TOLZ.


If you are a Financial Advisor, contact ProShares Client Services: M-F 8 a.m. to 6 p.m. ET, 866-776-5125, info@proshares.com


Please carefully read the prospectus before investing.

TOLZ

ProShares DJ Brookfield Global Infrastructure ETF (TOLZ)

TOLZ Tracks the Dow Jones Brookfield Global Infrastructure Composite Index.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see Performance.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. This ProShares ETF is diversified and entails certain risks, including imperfect benchmark correlation and market price variance, that may decrease performance. Please see summary and full prospectuses for a more complete description of risks.

This ETF is subject to risks faced by companies in the infrastructure, energy and utilities industries to the same extent as the Dow Jones Brookfield Global Infrastructure Composite Index is so concentrated. This ETF invests in master limited partnerships (MLPs). Investments in MLPs expose the ETF to certain tax risks associated with investing in partnerships. Changes in U.S. tax laws could revoke the pass-through attributes that provide the tax efficiencies that make MLPs attractive investment structures. MLPs may also have limited financial resources, may be relatively illiquid, and may be subject to more erratic price movements because of the underlying assets they hold. In addition, a portion of the ETF's distributions may be a return of capital, which constitutes the return of a portion of a shareholder's original investment. Under tax rules, returns of capital are generally not currently taxable, but lower a shareholder's tax basis in their shares. Such a reduction in tax basis will result in larger taxable gains and/or lower tax losses on a subsequent sale of shares.

International investments may involve risks from: geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.

Emerging markets are riskier than more developed markets because they may develop unevenly or may never fully develop. Investments in emerging markets are considered speculative.

The "Dow Jones Brookfield Global Infrastructure Composite" Index is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. "S&P®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the Dow Jones Brookfield Global Infrastructure Composite Index are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

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