EMTY – ProShares Decline of the Retl Store ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation from the decline of bricks and mortar retailers through short exposure (-1x) to the Solactive-ProShares Bricks and Mortar Retail Store Index (the "index"). The fund invests in financial instruments that the Advisor believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of publicly traded U.S. “bricks and mortar” retail companies whose retail revenue is derived principally from in-store sales.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
EMTY	ProShares Decline of the Retail Store ETF	ETF	Open	—	—	Nov 14, 2017	$2.85M	0.650%	—	—	$262,706.80

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