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ETF
ProShares Trust II - ProShares UltraShort 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 short positions and uses derivatives such as forward contracts to invest in Japanese Yen 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 UltraShort Yen was formed on November 24, 2008 and is domiciled in the United States.
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