What company owns ProShares?
ProFunds Group
ProShares is an issuer of exchange-traded funds, including inverse exchange-traded funds, and similar products….ProShares.
| Industry | Financial services |
|---|---|
| Headquarters | Bethesda, Maryland |
| Products | Exchange-traded funds |
| AUM | US$65 billion (2021) |
| Parent | ProFunds Group |
Why did I get a k1 from ProShares?
The Funds are treated as partnerships for tax purposes, so an investor’s allocated share of a Fund’s income, gains, losses and deductions is reported on a Schedule K-1.
How does ProShares Ultrashort work?
An ultrashort ETF is an exchange-traded fund that holds assets whose value goes up when the fund’s targeted asset-class benchmark goes down. For instance, an ultrashort ETF that targets the S&P 500 might be set up so that its value will rise by 2% or 3% if the S&P 500 declines by 1% on a given day.
Is UCO a good stock?
As a geared product, UCO is designed for a one-day holding period, it’s not appropriate for buy-and-hold investors. Daily compounding can lead to the fund’s returns varying significantly from those of the index over holding periods of greater than one day. UCO is a great choice for a leveraged energy play.
What is Taxpackagesupport?
The gateway for tax information and support for investments in publicly traded partnerships. Taking you to your organization’s sign-in page.
How is Vixy taxed?
That’s how the IndexCBOE: VIX is taxed. (60% is lower long-term capital gains rates up to 20%, even on day trades, and the other 40% are short-term capital gains at ordinary rates.)
Where can I find the K-1 FAQs for ProShares?
For K-1 FAQs, click here. Individual investors can contact their financial professional or broker dealer representative for more information about ProShares ETFs. For more information about our institutional capabilities visit ProShares Institutional Services.
What are the risks of using a ProShares ETF?
ProShares ETFs are generally non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance.
Is there a guarantee that ProShares will achieve its investment objective?
There is no guarantee any ProShares ETF will achieve its investment objective. Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.
Who is the sponsor of ProShares Trust II?
ProShares (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor. Your use of this site signifies that you accept our Terms and Conditions of Use.