other
confidence medium
sentiment neutral
materiality 0.25
ProShares warns Russia-Ukraine conflict may severely impact fund performance and liquidity
ProShares Trust II
- Russia commenced military attack on Ukraine on Feb 24, 2022; conflict could escalate and affect gold, silver, oil, natural gas, and currency markets.
- Sanctions imposed by US and other countries may adversely impact Russian economy and related markets.
- Price and liquidity of Financial Instruments held by ProShares funds may fluctuate widely due to the conflict.
- Duration of conflict and escalation are unpredictable; fund performance and investment value could decline significantly.