About the Company
ProShares UltraPro QQQ ETF looks for a 3x return of its underlying benchmark for a single day, and it is measured from one NAV calculation to the next. As the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return over periods other than one day. It will likely differ in amount and possibly direction from the target return of the same time period. These impacts may be more evident in funds with higher or lower multiples, as well as in funds with volatile benchmarks. Investors should keep a close eye on their investments on a daily basis. Investors should read the prospectus for further information on how the returns are calculated and the risks involved with investing in this product.;
Organisation | ProShares UltraPro QQQ ETF |