ProShares Launches SUPL, the First Supply Chain Logistics ETF

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Apr 07, 2022 08:30 am
BETHESDA, Md. -- 

ProShares, a premier provider of ETFs, today launched a Supply Chain Logistics ETF (SUPL) designed to give investors access to companies involved in each point of the process that moves raw materials and goods around the world.

“The pandemic didn’t just highlight the crisis facing the global supply chain, it identified a ripe opportunity to invest in the companies striving to provide real solutions and embrace new technologies that may revolutionize global trade,” said Michael L. Sapir, ProShares founder and CEO. “SUPL may provide investors with exposure to the companies contributing to this long-term transformation.”

Tracking the FactSet Supply Chain Logistics Index, SUPL offers exposure to 40 shipping, railroad, air cargo, trucking, technology and brokerage companies that underpin the global supply chain. These companies represent established logistics leaders that have not only weathered the pressures of the pandemic but also are potentially poised to benefit from the rise of e-commerce, the regionalization of manufacturing, and the digitization of distribution and delivery networks.

SUPL joins the ProShares thematic funds lineup, complementing a group of funds that feature the application of technology and innovation to industrial processes, including the S&P Kensho Smart Factories ETF (MAKX), Nanotechnology ETF (TINY), S&P Kensho Cleantech ETF (CTEX) and Smart Materials ETF (TINT). In addition, ProShares launched the first bitcoin-linked ETF BITO, the Bitcoin Strategy ETF, in 2021, building on the firm’s long history of product innovation.

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 nearly $70 billion in assets. The company is a leader in strategies such as dividend growth, interest rate hedged bond, thematics 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.

IMPORTANT INFORMATION
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Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Investments in non-U.S. securities may involve risks different from U.S. securities, including risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability. Investments in emerging markets generally are less liquid, more volatile and riskier than investments in more developed markets and are considered to be speculative. This fund is non-diversified and concentrates its investments in certain sectors. Non-diversified and narrowly focused investments typically exhibit higher volatility. 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.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investments in supply chain logistics are subject to risks including legislative or regulatory changes; adverse market conditions; increased competition; changing technology; cyberattacks; sharp price movements; pandemics, natural disasters or other crises; border and import controls; increased demand; mobility restrictions; shortages of product and labor; dependence on intellectual property rights; research and development costs; and rapid product obsolescence. Global, regional or local events may materially disrupt or indefinitely impair the operations of these companies. The index theme may not be the primary driver of company, index or fund performance. Companies in the index may have significant unrelated business lines, which could have a significant negative impact on performance. There is no guarantee that the underlying companies will be successful.

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 professional or visit ProShares.com.

The "FactSet Supply Chain Logistics Index" and "FactSet" are trademarks of FactSet Research Systems Inc. and have been licensed for use by ProShare Advisors LLC. ProShares have not been passed on by these entities or their affiliates as to their legality or suitability. ProShares based on the FactSet Supply Chain Logistics Index are not sponsored, endorsed, sold, or promoted by FactSet Research Systems Inc., and it makes no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES. FactSet Research Systems Inc. does not guarantee the accuracy and/or the completeness of the FactSet Supply Chain Logistics Index or any data included therein, and FactSet Research Systems Inc. shall have no liability for any errors, omissions, or interruptions therein.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor. © 2022 PSA FS-4322678.3

Media
Tucker Hewes, Hewes Communications, Inc., (212) 207-9451, [email protected]

Investors
ProShares, (866) 776-5125, ProShares.com

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