ProShares Joins Pershing’s FundVest® ETF No-Transaction-Fee Platform with Seven Funds
BETHESDA, Md.--(BUSINESS WIRE)-- ProShares, a premier provider of ETFs, announced that it has joined FundVest® ETF, the no-transaction-fee exchange traded fund platform by BNY Mellon’s Pershing (“Pershing”).
The seven ETFs include ProShares’ popular Dividend Aristocrats®, Large Cap Core Plus and Global Infrastructure funds.
"No-transaction-fee platforms are gaining popularity, as investors look to reduce costs within their investment portfolios," said Steve Cohen, managing director at ProShares. “Our inclusion in the Pershing no-transaction-fee platform will allow financial professionals and their clients to further leverage the ProShares ETF lineup in a cost-effective manner."
The seven ProShares funds that became available on Pershing's FundVest® ETF platform as of June 13, 2019 are:
|
Fund Name |
Ticker | ||
| ProShares S&P 500® Dividend Aristocrats ETF |
NOBL |
||
| ProShares S&P MidCap 400® Dividend Aristocrats ETF | REGL | ||
| ProShares Russell 2000 Dividend Growers ETF | SMDV | ||
| ProShares MSCI EAFE Dividend Growers ETF | EFAD | ||
| ProShares Large Cap Core Plus | CSM | ||
| ProShares DJ Brookfield Global Infrastructure ETF | TOLZ | ||
| ProShares Online Retail ETF | ONLN | ||
About ProShares
ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with more than $30 billion in assets. The company is the leader in strategies such as dividend growth, interest rate-hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.
Disclosures
Investing involves risk, including the possible loss of principal. ProShares ETFs each entail certain risks, which may include risks associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Short positions lose value as security prices increase. Please see summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing. Obtain them from your financial advisor or broker-dealer representative, or by visiting ProShares.com.
ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor. PR-2019-4075
View source version on businesswire.com: https://www.businesswire.com/news/home/20190617005828/en/
Media:
Tucker Hewes, Hewes Communications, Inc., 212.207.9451, [email protected]
Source: ProShares
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SuperiorMed Holdings Limited Announces Entering into an Agreement and Plan of Merger with Starry Sea Acquisition Corp
- Simply Solventless Provides Update on Filing of 2025 Annual Financial Statements and Related Management's Discussion and Analysis and Management Cease Trade Order
- Insurance Pro Shop Addresses Annuity Sales Training Gap
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
Dividend, Dividend Aristocrats, Point72 AssetSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share