Transcription of GEARED FUND - ProShares
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GEARED FUND - ProShares
Understanding leveraged and inverse funds GEARED fund PERFORMANCEINVESTOR EDUCATION GUIDE NUMBER 2 GEARED funds, also called leveraged and inverse funds, are designed to provide a multiple of the performance of a benchmark. GEARED funds, available as exchange traded funds (ETFs) and mutual funds, track a variety of benchmarks, from stock market indexes like the S&P 500 to the price of a commodity like gold. GEARED funds can be effective tools for a variety of investment strategies. But, as with most tools, you should understand how GEARED funds work before you use them and recognize that they aren t right for everyone.
Geared funds, also called leveraged and inverse funds, are designed to provide a multiple of the performance of a benchmark. Geared funds, available as …
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