Investing in Ultra Telecommunications ProShares and
UltraShort Telecommunications ProShares involves certain risks, specifically, market, correlation, credit, liquidity, aggressive investment technique, non-diversification, repurchase agreement, and inverse correlation risk in the
UltraShort Telecommunications ProShares.
ProFunds Group, which manages more than 80 % of the nation's short and leveraged fund assets, ¹ today introduces two new ProShares ETFs: Ultra and
UltraShort Telecommunications ProShares, trading on the American Stock Exchange ®.