ProShares, a premier provider of alternative ETFs, announced today that
it expects that none of its 128 equity and fixed income ETFs will pay
any 2014 capital gain distributions.
"Tax efficiency is important to ETF shareholders," said Michael L.
Sapir, Co-Founder and CEO of ProShare Advisors LLC. "We are pleased that
our management of ProShares ETFs contributed to no capital gains being
distributed to our shareholders."
Capital gain distribution estimates are subject to change. The
distribution dates for fourth quarter income dividends are available at
ProShares.com. Capital gain distribution and income dividend amounts
will vary from year to year. For specific tax advice, ProShares
recommends that investors seek advice from a qualified professional.
About ProShares
ProShares offers the nation's largest lineup of alternative ETFs. We
help investors to go beyond the limitations of conventional investing
and face today's market challenges. ProShares helps investors build
better portfolios by providing access to alternative investments
delivered with the liquidity, transparency and cost effectiveness of
ETFs. Our wide array of alternative ETFs can help you reduce volatility,
manage risk and enhance returns.
ProShares has the largest lineup of alternative ETFs in the United
States according to Strategic Insight, based on analysis of all the
known alternative ETF providers (as defined by Strategic Insight) by
their number of funds and assets (as of 1/31/2014).
Investing involves risk, including the possible loss of principal. ProShares
ETFs are generally non-diversified and each entails certain risks, which
may include risk associated with the use of derivatives (swap
agreements, futures contracts and similar instruments), imperfect
benchmark correlation, leverage and market price variance. Short
positions lose value as security prices increase. Leverage can increase
market exposure and magnify investment risk. These risks can increase
volatility and decrease performance. Please see their summary and
full prospectuses
for a more complete description of risks. There is no guarantee any
ProShares ETF will achieve its investment objective.
Carefully consider the investment objectives, risks, charges and
expenses of ProShares before investing. This and other information can
be found in their summary and full prospectuses. Read them carefully
before investing.
ProShares are distributed by SEI Investments Distribution Co., which is
not affiliated with the funds' advisor.
Copyright Business Wire 2014