ProShares announced today that it plans to close and liquidate the following ETFs:
ProShares ETF | Ticker | ||||
Short S&P Regional Banking | KRS | ||||
Ultra S&P Regional Banking | KRU | ||||
Ultra Oil & Gas Exploration & Production | UOP | ||||
UltraShort Oil & Gas Exploration & Production | SOP | ||||
Ultra MSCI Mexico Capped IMI | UMX | ||||
UltraShort MSCI Mexico Capped IMI | SMK | ||||
Ultra Junior Miners | GDJJ | ||||
UltraShort TIPS | TPS | ||||
UltraShort 3-7 Year Treasury | TBZ | ||||
German Sovereign/Sub-Sovereign ETF | GGOV | ||||
USD Covered Bond | COBO | ||||
Hedged FTSE Europe ETF | HGEU | ||||
Hedged FTSE Japan ETF | HGJP | ||||
After the close of business on September 6, 2017, the funds will no longer accept creation orders. Trading in the funds will be halted prior to market open on September 7, 2017. Beginning on September 7, the funds will not be traded on NYSE Arca, and there will be no secondary market for the shares. On or about September 5, 2017, the funds will begin the process of liquidating their portfolios and may not be managed in accordance with their investment objectives. Any shareholders remaining in the funds will have their shares redeemed at net asset value on or about September 14, 2017.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170801006183/en/
Contacts:
Hewes Communications, Inc.
Tucker Hewes,
212-207-9451
tucker@hewescomm.com
or
Investors:
ProShares,
866-776-5125
ProShares.com