ProShares Trust - ProShares Short Financials

ProShares Trust - ProShares Short Financials is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across financials, banks, financial services, capital markets, consumer finance, mortgage real estate investment trusts (reits), and insurance sectors. It employs short strategy and uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track -1x the daily performance of the S&P Financial Select Sector Index, by using full replication technique. ProShares Trust - ProShares Short Financials was formed on June 10, 2008 and is domiciled in the United States.