ProShares Leveraged and Inverse Treasury ETFs Change Benchmark

BETHESDA, Md.--()--ProShares, a premier provider of ETFs, announced today that eight of its Treasury ETFs will be changing their benchmarks from Bloomberg Barclays indexes to ICE indexes, effective after the market closes on or about Oct. 14, 2016. The components of each fund’s current and new index are substantially identical.

Index Change Details

Ticker   ProShares ETF Name   Current Index   New Index
TBF  

Short 20+ Year Treasury

  Bloomberg Barclays U.S. 20+ Year Treasury Bond Index   ICE U.S. Treasury 20+ Year Bond Index
UBT  

Ultra 20+ Year Treasury

TBT  

UltraShort 20+ Year Treasury

TTT  

UltraPro Short 20+ Year Treasury

   
TBX  

Short 7-10 Year Treasury

Bloomberg Barclays U.S. 7-10 Year Treasury Bond Index ICE U.S. Treasury 7-10 Year Bond Index
UST  

Ultra 7-10 Year Treasury

PST  

UltraShort 7-10 Year Treasury

   
TBZ  

UltraShort 3-7 Year Treasury

  Bloomberg Barclays U.S. 3-7 Year Treasury Bond Index   ICE U.S. Treasury 3-7 Year Bond Index
 

About ProShares

ProShares helps investors to go beyond the limitations of conventional investing and face today's market challenges. ProShares strives to help investors build better portfolios by providing access to a wide variety of investment exposures and strategies delivered with the liquidity, transparency and cost effectiveness of ETFs. Our wide array of ETFs can help you reduce volatility, manage risk and enhance returns.

Investing involves risk, including the possible loss of principal. ProShares are generally non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Bonds generally will decrease in value as interest rates rise. Please see the summary and full prospectuses for a more complete description of risks.

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.

ICE U.S. Treasury 20+ Year Bond Index,” “ICE U.S. Treasury 7-10 Year Bond Index” and “ICE U.S. Treasury 3-7 Year Bond Index” are trademarks of Intercontinental Exchange, Inc. (“ICE”) and have been licensed for use by ProShares. ProShares have not been passed on by ICE as to their legality or suitability. ProShares based on ICE indexes are not sponsored, endorsed, sold or promoted by ICE or its affiliates, and they make no representation regarding the advisability of investing in ProShares, or the ability of the indexes to track general financial market performance. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES, AND HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE ICE INDEXES OR ANY DATA INCLUDED THEREIN. IN NO EVENT SHALL THIS ENTITY OR ITS AFFILIATES HAVE ANY LIABILITY FOR DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

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

Contacts

Media:
Hewes Communications, Inc.
Tucker Hewes, 212-207-9451
tucker@hewescomm.com
or
Investors:
ProShares
866-776-5125
ProShares.com

Contacts

Media:
Hewes Communications, Inc.
Tucker Hewes, 212-207-9451
tucker@hewescomm.com
or
Investors:
ProShares
866-776-5125
ProShares.com