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Products February 10, 2012
ProShares Launches Two ETFs
ProShares
launched ProShares UltraPro 10 Year TIPS/TSY Spread (UINF) and ProShares
UltraPro Short 10 Year TIPS/TSY Spread (SINF).
Reported by Corie Russell
ProShares launched ProShares UltraPro 10 Year TIPS/TSY Spread (UINF) and ProShares UltraPro Short 10 Year TIPS/TSY Spread (SINF).
These exchange-traded funds (ETFs) are linked to 10-year breakeven inflation (BEI).
UINF seeks to provide 3x the daily performance of the Dow Jones Credit Suisse 10-Year Inflation Breakeven Index, before fees and expenses. SINF seeks to provide -3x the daily performance of the Dow Jones Credit Suisse 10-Year Inflation Breakeven Index, before fees and expenses.