ProShares Ultra Consumer Staples (UGE)

Overview

The fund operates within the financial sector, focusing on investments in financial instruments that are meticulously selected by ProShare Advisors. These selections are made with the objective of achieving daily returns that align with the Daily Target. The underlying asset for these investments is one of the eleven S&P Select Sector Indices. Each of these indices is crafted to gauge the performance of a specific sector within the broader S&P 500. Notably, the fund adopts a non-diversified investment strategy, concentrating its investments in specific financial instruments believed to yield the desired daily returns, rather than spreading investments across a wide array of assets.

Products and Services

• Daily Target Investment Strategy

  The cornerstone of its offerings, this strategy revolves around achieving daily returns that meet the preset Daily Target. By closely monitoring and adjusting its investments in chosen financial instruments, the fund seeks to accomplish consistent daily performance outcomes.

• S&P Select Sector Indices Investments

  These investments serve as the foundation of the fund’s portfolio. By selecting specific sector indices from the S&P Select Sector Indices, the fund aims to capitalize on the performance of various sectors within the S&P 500. This targeted approach allows the fund to concentrate its investments in sectors that its advisors believe will perform well, based upon detailed analysis and forecasts.