Investors should monitor their holdings as frequently as daily. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return, and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. For specific tax advice, we recommend you speak with a qualified tax professional. Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark. TECHNOLOGY SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL
TECHNOLOGY SELECT SECTOR INDEX SWAP CITIBANK NA TECHNOLOGY SELECT SECTOR INDEX SWAP BNP PARIBAS TECHNOLOGY SELECT SECTOR INDEX SWAP SOCIETE GENERALE TECHNOLOGY SELECT SECTOR INDEX SWAP JP MORGAN SECURITIES
TECHNOLOGY SELECT SECTOR INDEX SWAP UBS AG Used herein are service marks of Citigroup Inc.TECHNOLOGY SELECT SECTOR INDEX SWAP BANK OF AMERICA NA Citi, Citi and Arc Design and other marks In California, CLAĭoes business as Citigroup Life Insurance Agency, LLC (license number 0G56746).Ĭitibank, CGMI, and CLA are affiliated companies under the common control of
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