ULE offers 2x leveraged exposure to the EUR/USD cross. The fund gets this exposure using futures contracts, and as a result, it distributes a K-1 during tax time. As a geared product, ULE isn't designed to be a long-term investment. Rather, it is a short-term trading vehicle that's rebalanced daily. The fund's long-term returns may differ significantly from the performance of the euro against the US dollar as a result of the effects of path dependency and compounding. Also, keep in mind that ULE references the EUR/USD cross as published in the Wall Street Journal a value that may differ from other quoting sources.
公司网站 :
http://www.proshares.com/funds/ule.html
总经理:-
建立时间:2008
公司总部:Bethesda
领域:Miscellaneous
行业:Investment trusts/Mutual funds