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Article: ProShares Launches First ETFs Designed to Rise When Treasury Bond Prices Fall.
- Article from:
- Business Wire
- Article date:
- May 1, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New ProShares simplify getting short exposure to intermediate- and long-term U.S. Treasuries
BETHESDA, Md. -- ProFunds Group, the nation's largest provider of short and leveraged ETFs and mutual funds,1 announced today the launch of two innovative ProShares ETFs--the first ETFs designed to go up when U.S. Treasury bond prices fall. ProShares, which introduced short ETFs to the marketplace in 2006, now offers 38 Short ProShares across a wide range of asset classes, sectors and investment styles.
"Because the flight to quality during the credit crunch crisis pushed up Treasury prices, many market watchers are suggesting that investors reconsider their ...