ProShares Investment Grade Interest Rate Hedged ETF (IGHG)

Overview

This entity specializes in an innovative investment approach, focusing on balancing long positions in high-quality, USD-denominated corporate bonds from both U.S. and international companies, with short positions in U.S. Treasury notes or bonds. This strategy aims to create a portfolio with an aggregate duration that closely matches that of the investment-grade bonds it holds. A significant emphasis is placed on investment-grade bonds, with a commitment to allocate at least 80% of its total assets to both the index's component securities and investment-grade corporate bonds, underscoring a strong dedication to high-quality investments.

Products and Services

• Long Positions in Investment Grade Bonds

  The fund seeks to capitalize on the stability and reliability of investment-grade corporate bonds. By taking long positions in these USD-denominated securities, issued by a diverse range of both U.S. and foreign domiciled companies, it aims to achieve steady income and preserve capital, catering to investors seeking a lower-risk profile.

• Short Positions in U.S. Treasury Securities

  As a strategic counterbalance to its corporate bond holdings, the fund takes short positions in U.S. Treasury notes or bonds. This component of the strategy is designed to offset the portfolio’s interest rate risk, mirroring the aggregate duration of its investment-grade bonds. Such positions are crucial for managing the fund's exposure to fluctuations in interest rates, acting as a hedge that contributes to the overall portfolio stability.