ProShares Trust - ProShares Investment Grade - Interest Rate Hedged

ProShares Trust - ProShares Investment Grade - Interest Rate Hedged is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in fixed income markets of global region. The fund invests directly and through derivatives in USD-denominated investment grade corporate bonds and treasury notes or bonds that are rated Baa3 or higher by Moody’s and BBB- or higher by S&P and have maturities of at least five and a half years. The fund employs long/short strategy and uses derivatives such as futures to create its portfolio. It seeks to track the performance of the FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index. ProShares Trust - ProShares Investment Grade - Interest Rate Hedged was formed on November 5, 2013 and is domiciled in the United States.