Key stats
About ProShares Short MSCI Emerging Markets
Expense ratio
0.95%
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Inception date
Nov 1, 2007
EUM is the less aggressive of the funds providing inverse exposure to the MSCI Emerging Markets Index, offering -1x daily gearing. As such, it's worth noting that the index includes South Korea and Taiwan as an emerging market, which some other indices do not and which may change the type of exposure investors receive here. The fund, like its sibling fund EDZ, promises to provide its exposure on a daily basis. As such, it's not designed to be used as a long-term hedge against products but rather, to be used as a short-term trading vehicle. Those holding EUM for longer than a day must be prepared to rebalance their investment every day in order to avoid being taken for a ride by the mechanics of path dependency and decay. As a tactical short-term trading vehicle, trading costs weigh more impact than the expense ratio.
Classification
What's in the fund
Exposure type
Cash
Government
Bonds, Cash & Other100.00%
Cash80.78%
Government19.22%
EUM IdeaI entered a long position at 24.49.
Stop at 19.28
If this thesis is correct, I will let this run and raise my stops along the way.
$EUM Short below the bottom trend.Wouldn't go long on this until it rises back above the bottom trend.
LONG EUM Pro Share's 3 X BEAR Emerging Market ETF If one is looking for DIRECT EXPOSURE to being SHORT the Emerging Market's worldwide
where the next potential DEBT CRISIS will occur,then look no further than Pro Shares 3 X Bear ETF EUM.
With deep liquidity, and 300 % Bear opportunity, EUM is a must for every trader to look at right now.
I am l
Short Emerging Markets - EUM Recommend Shorting Emerging Market - AMEX:EUM
ProShares Short MSCI Emerging Markets seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the MSCI Emerging Markets Index®.
In Short EUM will rise as:
* YTD Developed Markets (DM)
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Displays a symbol's price movements over previous years to identify recurring trends.