«On the heels of launching the first
inverse ETFs on the high yield and
investment grade corporate bond markets, we are pleased to offer the first leveraged ETFs on these segments of the fixed income landscape,» said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares»
investment advisor.
Bethesda, MD, March 29, 2011 — ProShares, a premier provider of alternative exchange traded funds (ETFs), today announced the launch of the first ETF in the United States that provides
inverse exposure to the
investment grade corporate bond market.