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As of September 14, 2017, ProShares Trust - ProShares USD Covered Bond has gone out of business. ProShares Trust - ProShares USD Covered Bond is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the fixed income markets of countries across the globe excluding the United States. It invests in U.S. dollar-denominated covered bonds issued by financial institutions with at least 18 months to maturity and that are generally rated AAA by S&P or Fitch or Aaa by Moody's. The fund seeks to replicate the performance of the Solactive Diversified USD Covered Bond Index. ProShares Trust - ProShares USD Covered Bond was formed on May 21, 2012 and is domiciled in the United States.
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