GLL Stock Discussion

ProShares UltraShort Gold Description

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 “UltraShort” Funds seek daily results that match (before fees and expenses) two times the inverse (-2x) of the daily performance of a benchmark. The UltraShort Funds do not seek to achieve their stated objectives over a period greater than a single day.

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Silver Exchange Traded Product Bullion