Sunday, July 18, 2010
In the Zone
EEV - Ultra Short MSCI Emerging Mkts ProShares
An investment in the (EEV) Ultra Short MSCI Emerging Markets ProShares seek daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the MSCI Emerging Markets index.
The Ultra Short MSCI Emerging Mkts Pro Shares fund normally invests at least 80% of assets in financial instruments with economic characteristics that should be inverse to those of the index. It may employ leveraged investment techniques in seeking its investment objective. The fund is nondiversified.
The (EEV) Ultra Short MSCI Emerging Market proshares ended the week trading at $52.34 up $3.28 or 6.69% higher on the upside on lighter than average volume of 2.64 million. The average weekly trading volume for the (EEV) Ultra Short MSCI Emerging Markets ProShares Etf is 6.13 million.
By: Marlin Rolle
*** Please have a close look at the chart below ***