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.
Home Page: www.proshares.com/funds/mrgr.html
MRGR Technical AnalysisExchange: 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 |