ProShares - Short Financials

Frequently Asked Questions About SEF

What does SEF invest in?

This investment vehicle, known as ProShares Short Financials, aims to produce daily returns that precisely oppose the daily movement of the S&P Financial Select SectorSM Index. This objective is measured before any charges or administrative costs are factored in.

What is the expense ratio of SEF?

ProShares - Short Financials (SEF) charges an expense ratio of 1.58%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SEF?

ProShares - Short Financials (SEF) manages $14.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SEF actively managed or an index fund?

SEF's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SEF launched?

ProShares - Short Financials (SEF) launched in June 2008 and is managed by ProShares.

How has SEF performed?

SEF's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.