MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, December 4, 2008 ProFunds Adds Glitter to Leveraged ETFs ProFunds Group is adding another four ETFs to the family of Commodities ProShares that it launched last week. The four new funds will track gold and silver. One of each pair of new funds will be leveraged to twice the market return while the second fund for each metal will be un-leveraged. The four new funds began trading on the NYSE Arca on Wednesday morning. Each fund is a series of ProShares Trust II and will continuously use creation units of 50,000 share bloks. ProShare Capital Management LLC serves as the trust’s sponsor. Printed from: MFWire.com/story.asp?s=20048 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |