ProShares Trust II
Filed Feb 13, 2025.
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A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed Feb 13, 2025
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Contents
APPENDIX A—GLOSSARY OF DEFINED TERMS
The Glossary of Defined Terms below defines certain of the terms and meanings used throughout this Prospectus. Each term also isdefined the first time it is used in this Prospectus.
| 1933 Act | Securities Act of 1933, as amended |
|---|---|
| 1934 Act | Securities Exchange Act of 1934, as amended |
| 1940 Act | Investment Company Act of 1940, as amended |
| Administrator | The Bank of New York Mellon, as administrator for the Funds |
| Advisers Act | The Investment Advisers Act of 1940 |
| Authorized Participant | Those who may purchase (i.e., create) or redeem Creation Units directly from the Funds |
| Authorized Participant Agreement | The agreement that is entered into between an Authorized Participant, the Sponsor and the Trust that allows an Authorized Participant to purchase or redeem Creation Units directly from the Funds |
| Authorized Participant Procedures Handbook | A handbook that details the procedures for placing and processing Purchase Orders and Redemption Orders in Creation Units |
| BNYM | The Bank of New York Mellon |
| Business Day | Any day on which the NAV of a specified Fund is determined. |
| Cboe | Chicago Board Options Exchange, Incorporated |
| CBOT | Chicago Board of Trade |
| CEA | Commodity Exchange Act, as amended |
| CFE | Cboe Futures Exchange |
| CFTC | United States Commodity Futures Trading Commission |
| CME | Chicago Mercantile Exchange |
| Code | Internal Revenue Code of 1986, as amended |
| Creation Unit | A block of 25,000 or 50,000 Shares, as applicable, that is created for sale by the Trust to Authorized Participants and/or submitted to the Trust for redemption by an Authorized Participant. |
| Currency Fund(s) | The Ultra Euro Fund, the UltraShort Euro Fund, the Ultra Yen Fund and/or the UltraShort Yen Fund |
| Custodian | The Bank of New York Mellon, as custodian for the Funds |
| Distributor | SEI Investments Distribution Co., as distributor for the Funds |
| Dodd-Frank Act | Dodd-Frank Wall Street Reform and Consumer Protection Act |
| DSTA | Delaware Statutory Trust Act |
| DTC | Depository Trust Company |
| EMU | European Monetary Union |
| EU | European Union |
| Exchange | The exchange on which a Fund is primarily listed and traded (i.e., NYSE Arca or Cboe BZX Exchange, Inc.) |
| FCM | Futures Commission Merchant |
| Financial Instrument | Instruments whose value is derived from the value of an underlying asset, rate, benchmark or an equity market volatility index, including futures contracts, swap agreements, forward contracts, option contracts, and other instruments. |
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| 1933 Act | Securities Act of 1933, as amended |
|---|---|
| FINRA | Financial Industry Regulatory Authority, Inc. |
| Fund(s) | One or more of the series of the Trust offered herein. |
| Geared Funds | The Ultra Funds and the UltraShort Funds |
| Gold Subindex | Bloomberg Gold Subindex |
| ICE | Intercontinental Exchange |
| IRS | United States Internal Revenue Service |
| Matching Fund | The VIX Futures Fund |
| Natural Gas Funds | The Ultra Natural Gas Fund and the UltraShort Natural Gas Fund |
| Natural Gas Subindex | Bloomberg Natural Gas Subindex |
| NAV | Net Asset Value |
| NFA | National Futures Association |
| NSCC | National Securities Clearing Corporation |
| NYMEX | New York Mercantile Exchange |
| NYSE | New York Stock Exchange |
| NYSE Arca | NYSE Arca Equities, Inc. |
| Other Fund | A series of the Trust that is not being offered pursuant to this Prospectus. |
| OTC | Over-The-Counter |
| PDI | ProFunds Distributors, Inc. |
| Position Limit Rules | The requirement of U.S. commodities exchanges to establish corresponding speculative position limits. |
| Precious Metals Fund(s) | The UltraShort Silver Fund and/or the UltraShort Gold Fund |
| PTP | Publicly-traded partnership |
| Reference Asset | The underlying asset that is used to determine the value of a Financial Instrument. |
| Regulations | The income tax regulations promulgated under the Code. |
| S&P | Standard & Poor’s |
| SEC | United States Securities and Exchange Commission |
| SEI | SEI Investments Distribution Co. |
| Shares | Common units of beneficial interest that represent units of fractional undivided beneficial interest in and ownership of the Funds. |
| Silver Subindex | Bloomberg Silver Subindex |
| Sponsor | ProShare Capital Management LLC |
| Title VII | Title VII of Dodd Frank |
| Transfer Agent | The Bank of New York Mellon, as transfer agent for the Funds |
| Trust | ProShares Trust II |
| Trust Agreement | The Amended and Restated Trust Agreement of ProShares Trust II, as amended by Amendment No. 1. |
| Trustee | Wilmington Trust Company |
| U.K. | United Kingdom |
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| 1933 Act | Securities Act of 1933, as amended |
|---|---|
| Ultra Fund(s) | The Ultra Natural Gas Fund, the Ultra Euro Fund, and/or the Ultra Yen Fund |
| UltraShort Fund(s) | The UltraShort Natural Gas Fund, the UltraShort Euro Fund, the UltraShort Yen Fund and/or the Precious Metals Funds |
| U.S. | United States of America |
| VIX | Cboe Volatility Index |
| VIX Index | Cboe Volatility Index |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.