| Investment Objective: |
ProShares Ultra Copper K-1 Free ETF seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the price of copper. The Fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. In this manner, the Fund seeks daily returns that correspond to two times (2x) the price of copper. The Fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. In this manner, the Fund seeks daily returns that correspond to two times (2x) the price of copper. Under normal circumstances, the Fund will invest at least 80% of the Fund's assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The Fund will invest principally in the financial instruments are: Derivatives, Swap Agreements, Money Market Instruments , U.S. Treasury Bills, Repurchase Agreements, Money Market ETF. |
