The investment seeks to provide daily investment results (before fees and expenses) that correspond to twice (200%) the inverse (opposite) of the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
The fund invests in any one of or combinations of the financial instruments (swap agreement, futures contracts, forward contracts) with respect to the applicable fund’s benchmark to the extent determined appropriate by the Sponsor.
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=Brown Brothers Harriman & Co
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Trading-Inverse Commodities
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Partnership (3C1)
 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.
 mailto:email@example.com?subject=Mail from GFM Ltd