ProShares Ultra Technology (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Technology Index (the Index). The Index measures the performance of the technology industry of the United States equity market. Component companies include those involved in computers and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as 200% of the daily return of the Index. The Index is a price return index. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares Ultra Technology
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:ROM
Inception Date1/30/2007
Fund ManagerMichael Neches, Tarak Dave
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkDow Jones US Technology Sector Index
CategorySector
FocusTechnology
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$498.65 million
Average Daily Volume$30,644.70
Discount/Premium-0.22%
ETF Expenses
Management Fee0.75%
Other Expenses0.29%
Total Expenses1.04%
Fee Waiver-0.09%
Net Expenses0.95%
Administrator, Advisor and Custodian
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Transfer AgentJPMorgan Chase Bank, N.A.
Trustee
Lead Market MakerVirtu Financial
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