The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Markit iBoxx $ Liquid Investment Grade Index.
The fund invests in derivatives that the advisor believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index designed to provide a balanced representation of U.S. dollar-denominated investment grade corporate bonds publicly offered in the United States by means of including the most liquid investment grade corporate bonds available as determined by the index provider. The fund is non-diversified.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=ProShares
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=J. P. Morgan Chase Bank, N.A.
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Trading-Inverse Debt
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Bethesda___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=J. P. Morgan Chase Bank, N.A.
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