UBRProShares Ultra MSCI Brazil Capped
UBR Fund Description
UBR provides 2x daily leveraged exposure to a market-cap-weighted index comprising large- and midcap companies operating in Brazil, capturing approximately 85% of the Brazilian equity market.
UBR Factset Analytics Insight
UBR takes a bullish bet on the top end of the Brazilian stock market. The fund offers 2x the daily performance of the MSCI Brazil 25/50 Index, a market-cap-weighted index of large- and midcap Brazilian companies, which covers approximately 85% of the investable universe in Brazil. To meet RIC diversification requirements, index constituents are capped at 25% weight and the aggregate weight of securities with over 5% allocation is capped at 50% weight of the portfolio. As a levered fund with daily resets, UBR is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.
UBR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UBR. UBR is rated a N/A out of 5.