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ETF
ProShares Trust II - ProShares Ultra Yen is an exchange traded fund launched by ProShare Capital Management LLC. The fund is co-managed by ProFund Advisors LLC and ProShare Advisors LLC. The fund invests in the currency markets. It takes long position and uses derivatives such as forwards contracts to invest in Yen investing against US Dollar. The fund seeks to track 2x the daily performance of the Japanese yen spot price versus the U.S. dollar. ProShares Trust II - ProShares Ultra Yen was formed on November 24, 2008 and is domiciled in the United States.
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