ProShares Trust - ProShares UltraShort FTSE China 50

ProShares Trust - ProShares UltraShort FTSE China 50 is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of China. It invests through derivatives in stocks of companies operating across diversified sectors. It employs short strategy and uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of large-cap companies. It seeks to track -2x the daily performance of the FTSE China 50 Index, by using synthetic replication technique. ProShares Trust - ProShares UltraShort FTSE China 50 was formed on November 6, 2007 and is domiciled in the United States.