ProShares Managed Futures Strategy ETF

Cboe: FUT

Listed February 18, 2016

The ProShares Managed Futures Strategy ETF seeks to provide positive returns that are not directly correlated to broad equity or fixed income markets.  The Fund is an actively managed exchange traded fund that seeks to achieve positive returns that are not directly correlated to broad equity or fixed income markets. The Fund uses the S&P Strategic Futures Index as a performance benchmark (the Benchmark). The Benchmark seeks to capture the economic benefit from trends (in either direction) in the physical commodities, interest rates and currencies markets by taking long or short positions in related futures contracts.

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About ProShares

Offering the nation's largest lineup of alternative ETFs,1 ProShares enables investors to go beyond the limitations of conventional investing and meet today's market challenges. Each ProShares ETF provides access to an alternative investment strategy delivered with the liquidity, transparency and cost effectiveness of an ETF.

ProShares' lineup of ETFs includes Global Fixed Income ProShares providing opportunities to help diversify and enhance fixed income holdings; Hedge Strategies ProShares providing advanced investment strategies to help enhance returns or manage risk; Geared ProShares providing inverse or magnified exposure to equities, fixed income, currencies and commodities, and Inflation and Volatility ProShares providing exposure to expected inflation or implied market volatility.

1Source: FRC, as of March 31, 2013