ProShares ETFs Now Available on Schwab ETF OneSource™

ProShares, a premier provider of alternative ETFs, today announced that five of its ETFs will now be available commission-free1 to Charles Schwab clients through Schwab ETF OneSourceTM.

“ProShares is excited to offer five of our ETFs commission-free to investors and advisors through Schwab ETF OneSource,” said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC. “These ETFs give investors the opportunity to build better portfolios with strategies that can help reduce volatility, manage risk and potentially enhance returns.”

Heather Fischer, Vice President of ETF Platform Management at Charles Schwab, said, “We are delighted to welcome ProShares to Schwab ETF OneSource. ProShares’ ETFs offer investors exposure to various alternative strategies and asset classes, which our clients can now access commission-free.”

ProShares’ five participating funds are:

• S&P 500 Aristocrats ETF (NOBL), the first fund to invest in a select group of S&P 500 companies that have increased their dividends for 25 consecutive years.
• DJ Brookfield Global Infrastructure ETF (TOLZ), the first ETF to offer the benefits of pure-play infrastructure by investing exclusively in companies whose primary business is the ownership or operation of basic infrastructure assets.
• High Yield Interest Rate-Hedged (HYHG), which provides exposure to high yield bonds with a built-in hedge against rising interest rates.
• Large Cap Core Plus (CSM), a Morningstar five-star-rated fund that offers investors an alternative approach to conventional large cap investing.
• RAFI Long/Short (RALS), a long/short ETF that uses fundamental measures of company size (sales, dividends, cash flow and book value) instead of market cap weighting to invest in a portfolio of stocks.

Schwab ETF OneSource has been strongly embraced by investors since its launch in early 2013. As of August 31, 2014, Schwab ETF OneSource has $31 billion in assets under management, and year-to-date flows into ETFs in the program were $5.9 billion, representing 45% of the total ETF flows at Schwab.

About ProShares

ProShares offers the nation's largest lineup of alternative ETFs. We help investors to go beyond the limitations of conventional investing and face today's market challenges. ProShares helps investors build better portfolios by providing access to alternative investments delivered with the liquidity, transparency and cost effectiveness of ETFs. Our lineup of over 145 alternative ETFs can help you reduce volatility, manage risk and enhance returns.

About Schwab ETF OneSource

Schwab ETF OneSource offers investors and advisors access to the most commission-free ETFs anywhere in the industry1. Commission-free online trading is available to individual investors at Schwab, to the nearly 7,000 independent investment advisors who use Schwab’s custodial services, and through Schwab retirement accounts that permit trading of ETFs.

Schwab offers a range of resources to help clients choose ETFs that fit their investment needs, including the Schwab ETF Select List™; tutorials, education, research and tools available via Schwab’s online ETF center and the ETF Education Exchange®; and live events at local Schwab branches.

1 Conditions apply: Trades in ETFs available through Schwab ETF OneSource (including Schwab ETFs™) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please see Charles Schwab Pricing Guide for additional information.

Investing involves risk, including the possible loss of principal. ProShares ETFs are generally non-diversified and each entails certain risks, which may include risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance. International investments may involve risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability. In emerging markets, all these risks are heightened, and lower trading volumes may occur. Narrowly focused investments typically exhibit higher volatility. Bonds will decrease in value as interest rates rise. High yield bonds may involve greater levels of credit, liquidity and valuation risk than for higher-rated instruments. Short positions lose value as security prices increase. These risks can increase volatility and decrease performance. Please see summary and full prospectuses for a more complete description of risks. 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.

CSM rated 5 stars for the 3-year period ending June 30, 2014 among 146 U.S. long/short equity funds. © 2014 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Morningstar Rating™ is provided for those ETFs with at least a 3-year history. Ratings are based on the ETF's Morningstar Risk-Adjusted Return measure, which accounts for variation in monthly performance. The fund's performance and rating are calculated based on net asset value (NAV), not market price. An ETF's risk-adjusted return includes a brokerage commission estimate. This estimate is intended to reflect what an average investor would pay when buying or selling an ETF. This estimate is subject to change, and the actual commission an investor pays may be higher or lower. Morningstar compares each ETF's risk-adjusted return to the open-end mutual fund rating breakpoints for that category. The top 10% of ETFs in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall rating for an ETF is based on a weighted average of the time-period ratings (e.g., the ETF's 3-year rating). The determination of an ETF's rating does not affect the retail open-end mutual fund data published by Morningstar. Past performance is no guarantee of future results.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor.