Clicky

ProShares Merger ETF(MRGR)

Description: The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.


Keywords: Index Fund Hedge Funds Arbitrage Market Neutral Risk Arbitrage S&P Merger Arbitrage

Home Page: www.proshares.com/funds/mrgr.html

MRGR Technical Analysis

Exchange: BATS

Country: US

Currency: US Dollar ($)

Category: Event Driven

Asset Allocation
Asset Class Long % Short % Net Assets
Stock US 73.38 0.00 73.38
Other 18.66 0.00 18.66
Cash 20.45 10.79 9.66
Stock non-US 11.07 12.76 -1.69
Sector Weights
Sector Equity % Relative to Category
Technology 32.10 21.27
Healthcare 21.21 14.17
Industrials 12.13 9.76
Financial Services 7.07 32.65
Communication Services 6.98 7.12
Real Estate 5.25 3.27
Energy 4.13 0.75
Utilities 3.78 2.39
Consumer Cyclicals 3.71 2.81
Basic Materials 3.64 2.75
World Regions
Region Equity % Relative to Category
North America 90.53 89.80
United Kingdom 5.33 2.66
Europe Developed 4.14 5.37
Australasia 0.00 0.02
Asia Emerging 0.00 0.78
Latin America 0.00 0.02
Asia Developed 0.00 0.53
Africa/Middle East 0.00 0.82
Back to stocks