SKF – ProShares UltraShort Financials – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Financial Select Sector Index. The index is designed to measure the performance of financial companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.

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
SKF	ProShares UltraShort Financials	ETF	Open	—	—	May 23, 2007	$10.33M	0.950%	—	—	$4.93M
SKF	ProShares UltraShort Financials	ETF	Open	—	—	May 23, 2007	—	0.950%	—	—	—
A12DY8	ProShares UltraShort Financials	ETF	Open	—	—	May 23, 2007	—	0.950%	—	—	—

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