ProShares made an addition to its line of leveraged fixed income products on Thursday, launching the Ultra 7-10 Year Treasury (UST) and Ultra 20+ Year Treasury (UBT). UST seeks daily investment results that correspond to 200% of the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index, while UBT will seek to deliver daily amplified returns on the Barclays Capital 20+ Year U.S. Treasury Index. [click to continue…]
It’s been an interesting week in the world of ETFs: gold trading was extremely volatile, and world leaders met in Denmark to discuss climate issues. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web:
ProShares, a pioneer in the leveraged ETF industry, is planning to expand its product platform with the introduction of two new Treasuries-linked leveraged ETFs. The proposed funds are:
ProFunds Group, a leading provider of inverse and leveraged ETFs, launched today an ETF designed to provide short exposure to the market for long-term U.S. Treasuries. The ProShares Short 20+ Year Treasury (TBF) is designed to deliver the inverse of the return on the Barclays Capital 20+ Year U.S. Treasury Index for a single day. [...]