ProShares releases 130/30 ETF

The ProShares Credit Suisse 130/30 ETF tracks the Credit Suisse 130/30 large cap index, which replicates an investment strategy implementing long or short positions in certain US companies. The selection of US companies is taken from the 500 largest in terms of market capitalisation, according to a rules-based methodology used for weighting and ranking. In effect, the ETF tracks an indexed representation of a quantitatively constructed 130/30 US large-cap equity strategy. This results in the index having a total long exposure of 130% and a total short exposure of 30%, as measured on ea...