FYI: ProShares, a premier provider of ETFs, announced today that each of the ProShares Ultra Silver and the ProShares UltraShort Silver ETFs (the “Silver Funds”) and the ProShares Ultra Gold and the ProShares UltraShort Gold ETFs (the “Gold Funds) will change their respective benchmarks on or about January 7, 2019. The new benchmark for the Silver Funds (tickers: AGQ and ZSL) will be the Bloomberg Silver Subindex (ticker: BCOMSI) and the new benchmark for the Gold Funds (tickers: UGL and GLL) will be the Bloomberg Gold Subindex (ticker: BCOMGC).
The Bloomberg Silver and Gold Subindexes are single-commodity indexes designed to reflect the performance of silver and gold, as measured by the price of COMEX silver and gold futures contracts, respectively.
Regards,
Ted
https://www.businesswire.com/news/home/20181220005870/en/ProShares-Announces-Silver-Gold-ETFs
