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Wednesday, December 3, 2008

Shorting gold

Wednesday December 3, 7:30 am ET
BETHESDA, Md.–(BUSINESS
WIRE)–ProFunds Group, the world’s largest manager of short and
leveraged funds,1 announced today that it is launching the first
exchange traded funds in the United States to provide short or
leveraged exposure to gold or silver. The four new ETFs will begin
trading on the NYSE Arca today. They join a line-up of four other
Commodities ProShares that launched last week.



http://biz.yahoo.com/bw/081203/20081203005253.html?.v=1











ProShares
Ticker
Index/Benchmark
Daily Objective*
Ultra Gold
UGL
Gold Bullion price, London p.m. fix
200%













UltraShort Gold

GLL

Gold Bullion price, London p.m. fix

-200%













Ultra Silver

AGQ

Silver bullion price, London fix

200%













UltraShort Silver

ZSL

Silver bullion price, London fix

-200%













Ultra DJ-AIG Commodity

UCD

Dow Jones-AIG Commodity IndexSM

200%













UltraShort DJ-AIG Commodity

CMD

Dow Jones-AIG Commodity IndexSM

-200%













Ultra DJ-AIG Crude Oil

UCO

Dow Jones-AIG Crude Oil Sub-IndexSM

200%













UltraShort DJ-AIG Crude Oil
SCO
Dow Jones-AIG Crude Oil Sub-IndexSM
-200%


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