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Ultra and UltraShort Europe - a subtle shift in portfolio language

ProShares UltraShort MSCI Europe and ProShares Ultra MSCI Europe (together, the “Funds”)

Supplement dated April 23, 2013 to the Fund’s prospectus dated October 1, 2013, as previously supplemented (the “Prospectus”)

Effective April 23, 2013, all information pertaining to the Funds is hereby removed from the Prospectus.

Hmmmm ... all wonder what they're trying to tell us? David

Comments

  • So what's left in the prospectus?
  • I can't wait to print out the new prospectus. Guess it won't deplete the toner cartridge a whole lot.
  • Reply to @Old_Joe: They can't tell. It is now top secret;)
  • We won't know what's been removed until they file the October 1, 2013 prospectus. A three line filing and they can't proofread it?

    As to what's left to print, a gazillion other Proshare funds in the same prospectus.

    Here's the old (October 1, 2012) prospectus (20M), and the new, slimmer (April 23, 2013) version (4M). Don't know how much of the change is due to removal of content, and how much due to perhaps a different format.

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