XCOM : ProShares Ultra Communication Services Select Sector

Fund Summary

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Communication Services Select Sector Index (the index). The fund will invest principally in the financial instruments: equity securities, derivatives and money market instruments. It will concentrate its investments in a particular industry or group of industries to approximately the same extent as the index is so concentrated. The index represents the communication services industry group of the S&P 500 Index. The fund is non-diversified.