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Rating:ProShares Gasses Up Two New ETFs Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, October 06, 2011

ProShares Gasses Up Two New ETFs

Reported by Neil Anderson, Managing Editor

Fundsters interested in natural gas may want to take a look at ProShares' [see profile] latest offerings. Today the Bethesda, Maryland-based mutual fund firm unveiled its Ultra DJ-UBS Natural Gas (BOIL) and UltraShort DJ-UBS Natural Gas (KOLD) ETFs.

ProShare Capital Management chairman and CEO Michael Sapir claimed that the new ETFs are "the first geared ETFs designed to help investors manage risk or act on their views on natural gas." 

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