Symbols

UBR

ProShares Ultra MSCI Brazil Capped·ARCA

--(--)

Key Stats

Assets Under Management

3.63MUSD

Fund Flows (1Y)

2.32MUSD

Dividend Yield

2.02%

Discount/Premium to NAV

0.17%

Shares Outstanding

141.60K

Expense Ratio

0.95%

About ProShares Ultra MSCI Brazil Capped

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/ubr

Inception Date

Apr 27, 2010

Structure

Open-Ended Fund

Index Tracked

MSCI Brazil 25/50 Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

UBR takes a bullish bet on the top end of the Brazilian stock market. The fund offers 2x the daily performance of the MSCI Brazil 25/50 Index, a market cap-weighted index of large- and mid-cap Brazilian companies, which covers approximately 85% of the investable universe in Brazil. To meet RIC diversification requirements, index constituents are capped at 25% weight and the aggregate weight of securities with over 5% allocation is capped at 50% weight of the portfolio. As a levered fund with daily resets, UBR is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.