UBR

ProShares Ultra MSCI Brazil Capped

$27.43
+0.00%
Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The ProShares Ultra MSCI Brazil Capped ETF (UBR) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the MSCI Brazil 25/50 Index.

Overview

ETF tracking ProShares Ultra MSCI Brazil Capped

Category Leveraged
Issuer ProShares
Inception Date 2010-04-29
Market Cap $3.3M
Average Volume N/A
Dividend Yield 2.54%
52-Week Range $13.69 - $27.98
VWAP $27.59

Performance

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Investment Summary

📎 Investment Objective

The ProShares Ultra MSCI Brazil Capped ETF (UBR) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the MSCI Brazil 25/50 Index.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to provide leveraged exposure to the underlying index. It aims to deliver twice the daily returns of the MSCI Brazil 25/50 Index, before fees and expenses.

✨ Key Features

  • Provides 2x leveraged exposure to the Brazilian equity market
  • Tracks the MSCI Brazil 25/50 Index, a broad-based index of Brazilian stocks
  • Utilizes derivatives to achieve its leveraged investment objective
  • Suitable for experienced investors with a high risk tolerance

⚠️ Primary Risks

  • Leveraged funds can experience greater volatility and risk than unlevered funds
  • Potential for significant losses if the underlying index declines in value
  • Derivative instruments used to achieve leverage may not perform as expected
  • Currency risk as the fund is exposed to the Brazilian real

👤 Best For

The ProShares Ultra MSCI Brazil Capped ETF is best suited for experienced, sophisticated investors with a high risk tolerance who are seeking to amplify their exposure to the Brazilian equity market. This fund is not recommended for long-term buy-and-hold investors or those with a low risk appetite.