ProShares Trust - ProShares Short FTSE China 50

ProShares Trust - ProShares Short FTSE China 50 is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of China. The fund 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. The fund invests in growth and value stocks of large-cap companies. The fund seeks to track -1x the daily performance of the FTSE China 50 Index, by using full replication technique. ProShares Trust - ProShares Short FTSE China 50 was formed on March 16, 2010 and is domiciled in the United States.