Shares of any ETF are generally bought and offered at current market price (not NAV) and they are not individually redeemed in the fund. Your brokerage commissions will lower returns.
The cost ratio for certain cash features a contractual charge waiver that leads to a lower Internet price ratio for many or all durations proven. For specifics of this ETF’s fees, make sure you see previously mentioned.
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This ProShares ETF seeks everyday investment final results that correspond, before expenses and costs, to 2x the each day efficiency of its fundamental benchmark (the “Every day Focus on”). Whilst the Fund provides a day-to-day investment goal, you may hold Fund shares for extended than at some point if you think it is actually in step with your aims and risk tolerance. For virtually any holding time period besides on a daily basis, your return could be better or lower compared to Each day Concentrate on. These distinctions can be significant.
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What this means is your amount more info will improve in just thirty times and all energy used after this date will likely be charged at the new charge. You will see this on the following month’s Monthly bill.