ProShares Launches 2x Leveraged ZhongjiInnolight Fund, Enters Fundraising on June 10

According to Broker China, ProShares launched a 2x leveraged fund tracking ZhongjiInnolight (中际旭创) on June 10, with the fund currently in fundraising stage. The product, named ProShares Ultra ZhongjiInnolight, aims to deliver twice the daily return of the stock, net of fees and expenses.

The fund is expected to go public in approximately two months, according to SEC filings submitted on June 10.

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