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Thursday, November 01, 2007|
ProShares Adds Two New ETFs to the AMEX
ProShares has dropped two new ETFs onto the AMEX. The UltraShort MSCI Emerging Markets ProShares and the Short MSCI Emerging Markets ProShares both began trading on the AMEX today.
The American Stock Exchange(R) (Amex(R)) today announced that it has launched trading in two new exchange traded funds by ProShare Advisors LLC (ProShares). ProShares now offers investors a choice of 56 ETFs, all of which are listed on the Amex.
"The Amex continues to support leading ETF issuers in bringing ground- breaking products to the marketplace," said Scott Ebner, Senior Vice President of the Amex ETF Marketplace. "We are proud to have been selected to list these new ProShares, which offer inverse and leveraged inverse exposure to emerging markets indexes."
UltraShort MSCI Emerging Markets ProShares (Amex: EEV) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index.
Short MSCI Emerging Markets ProShares (Amex: EUM) seeks daily investment results, before fees and expenses, that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index.
The MSCI Emerging Markets Index consists of the following 25 emerging market country indices: Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey. The Index includes companies with capitalizations between $99 million and $99 billion and the average capitalization of the companies comprising the Index is approximately $3 billion.
Bluefin Specialists, LLC is the specialist for EEV and EUM. About the American Stock Exchange
The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 364 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com.
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