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Saturday, August 22, 2009

Rising Intrest Rate Protection - New! Barclays Capital 20+ Year U.S. Treasury Index (-100% Daily)

ProShares Launches Short 20+ Year Treasury ETF (TBF) Providing Short Exposure To Long-Term Treasury Bonds
By: ETF Daily News Thursday, August 20, 2009 3:51 PM

Bethesda, MD, August 20, 2009—ProFunds Group, the world’s largest manager of leveraged and inverse funds,
announced today that it is launching an ETF designed to provide short exposure to the market for long-term U.S. Treasury bonds. ProShares Short 20+ Year Treasury (TBF) is built to produce 100% of the inverse performance of the Barclays Capital 20+ Year U.S. Treasury Index for a single day, excluding fees and expenses.

The Barclays Capital 20+ Year U.S. Treasury Index measures the performance of U.S. Treasury bonds with maturities of 20 years or greater. The new ETF will be listed on NYSE Arca today.

“This new ETF is a useful addition to our two ProShares ETFs currently offering short exposure to the U.S. Treasury market—the ProShares UltraShort 7-10 Year and UltraShort 20+ Year Treasury funds,” said Michael L. Sapir, ProFunds Group Chairman and CEO. “We are introducing this new ProShare in direct response to strong investor demand for a single beta short treasury fund.”

ProShares
Ticker Symbol
IndexObjective*
New Fixed-Income ProShares
Short 20+ YearTreasury

(TBF)

Barclays Capital 20+ Year
U.S. Treasury Index
-100% Daily
Existing Fixed-Income ProShares
UltraShort 7-10 YearTreasury

(PST)

Barclays Capital 7-10 Year
U.S. Treasury Index
-200%Daily
UltraShort 20+ YearTreasury

(TBT)

Barclays Capital 20+ Year
U.S. Treasury Index
-200%Daily
*Before fees and expenses:

source:
http://www.istockanalyst.com/article/viewarticle/articleid/3427475
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