ProFunds Group has introduced the ProShares Short 20+ Year Treasury exchange-traded fund, designed to produce 100% of the inverse performance of the Barclays Capital 20+ Year U.S. Treasury Index.

“This new ETF is a useful addition to our two ProShares ETFs currently offering short exposure to the U.S. Treasury market,” commented ProFunds Chairman and CEO Michael L. Sapir, referring to the company’s two ultra-short funds. “We are introducing this new ProShare in direct response to strong investor demand for a single beta short Treasury fund.”

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