ProShares Short VIX Short-Term Fut ETF

The investment seeks to replicate, net of expenses, the inverse (opposite) of the return of the S&P 500 VIX Short-Term Futures index for a single day.
The index measures the movements of a combination of VIX futures and is designed to track changes in the expectation for one month in the future. The VIX is a commonly followed measure of the expected volatility of the S&P 500 over the next 30 days. However, since VIX is not directly investable, exposure to equity volatility is often obtained though VIX futures.
The VIX Fund intends to meet its investment objective by taking long or short positions in VIX futures contracts.

Key stats

Management firm  ProShares
Domicile  United States
Fund Administrator  Brown Brothers Harriman & Co
Global Branding Name  ProShares
Fund currency  USD
Launch Date  2011-10-03
ISIN  US74347W6277
Manager 1 Name  Management Team
Fund Strategy  Volatility
Benchmark  S&P 500 VIX Short Term Futures TR USD
Fund Structure  Partnership (3C1)
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-03-31
Return - 1 Month  0.01%
Return - 2 Months  11.31 %
Return - 3 Months  -8.36%
Return - 6 Months  17.80 %
Return - 9 months  58.07 %
Return - 12 Months  34.15%
Annualized return 24 months  58.11 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  107.80%
Return YTD  -8.36%

Charges

Initial  0.00 %
Maximum Managment Charge  0.95 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  ProShares
Contact Address 2  7501 Wisconsin Avenue, Suite 1000
Contact Address 3  Bethesda, MD 20814
Contact city  Bethesda
Contact country  United States
Fund Admin Group  ProShares
Web Address  www.proshares.com
Custodian  Brown Brothers Harriman & Co
Phone  (866) 776-5125

Price

Last Price Date  2014-04-10
Pre-tax nav  59.85
Pre-tax offer  60.10
Pre-tax bid  59.90
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $-3.77
Price change (percentage)  -5.93 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
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Ratings Disclaimer

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