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ProShares Ultra MSCI Japan (EZJ)

Summary

As part of the value-added benefits realized by clients, you can login and receive access to more detailed company information, such as Raymond James ratings, pricing information, and EPS estimates.

Business Description

ProShares Ultra MSCI Japan is an exchange-traded fund (ETF) that seeks daily investment results that, before fees and expenses, correspond to twice (200%) the daily performance of the MSCI Japan Index. The index is a market capitalization weighted and comprised of companies domiciled in Japan. The fund's principal investment strategies include: (i) investing in equity securities and/or financial instruments (including derivatives such as futures contracts and swap agreements) that in combination, should have similar daily price return characteristics as twice (200%) the daily return of the index; (ii) investing at least 80% of the fund's assets in the equity securities comprising the index or in financial instruments that provide similar economic characteristics; (iii) employing leveraged investment techniques and/or sampling techniques; and (iv) investing assets not invested in equity securities or financial instruments, in debt securities and/or money market instruments.

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