ProShares UltraShort FTSE China 50 (ProShares Ultrashort FTSE China) ETF

The index is designed to measure the performance of the 50 largest and most liquid companies that are listed on the Hong Kong Stock Exchange. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.