ProShares Short SmallCap600 T.SBB

Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

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ProShares Short SmallCap600

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Post by JoeBloon Jan 02, 2011 1:25pm

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Post# 17916331

Some interesting NEWS...

DJ Severstal Taps Ex-Anglo American Executive For Gold Unit-Report

Posted on: Sun, 02 Jan 201106:57:56 EST

LONDON, Jan 02, 2011 (Dow JonesCommodities News Select via Comtex) --

Russian mining companySeverstal JSC (CHMF.RS) has tapped a former executive of Anglo American PLC(AAL.LN) to head its gold unit ahead of its floatation, U.K. newspaper The Independent onSunday reports.

The newspaper, whichdidn't cite any source, says Philip Baum, a former head of ferrous metals atAnglo American, was hired to manage the division of the Russian miner.

It says the initialpublic offering of Severstal's gold unit, due later this year in London, is set to value the division atmore than $4 billion.

Newspaper website:www.independent.co.uk

-By Benoit Faucon, DowJones Newswires; +44 77 601 777 36; benoit.faucon@dowjones.com

(Alexander Kolyander in Moscow contributed to this report.)

(END) DowJonesNewswires

01-02-11 0657ET

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