ProShares Launches Four New Leveraged International ETFs
PRESS RELEASE
First ETFs Designed to Provide Twice the Daily Return of EAFE, Emerging Markets, China and Japan
Bethesda, MD, June 4, 2008—ProFunds Group, the world's largest manager of short and leveraged funds,1 announced today that it is launching four new ProShares ETFs, the first designed to seek twice the daily returns of indexes covering developed foreign markets, emerging markets, China and Japan. The new ETFs will be listed on NYSE Arca today.
"With some international markets posting strong year-to-date returns, investors are expressing interest in tools that allow them to gain magnified exposure to these markets," said Michael L. Sapir, ProFunds Group Chairman and CEO. "These new ETFs complement our existing ETFs that are designed to provide short (or inverse) exposure to the same international indexes. Over the coming weeks, we plan to further expand our international offerings with ETFs covering more regions and specific countries."
Ultra MSCI EAFE EFO
Ultra MSCI Emerging Markets EET
Ultra FTSE/Xinhua China 25 XPP
Ultra MSCI Japan EZJ
*Before fees and expenses.
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