Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the FTSE China 50 Index®.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The fund will obtain inverse leveraged exposure to at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. The fund is non-diversified.