Monday, June 26, 2006

Shorting In IRA Account

Typically IRA accounts do not have margin, so they can not short stocks. These ETFs trade as stocks, so they will be accessible in an IRA account.


ProShares Launches Eight Innovative ETFs to Trade on the American Stock Exchange

NEW YORK, June 21 /PRNewswire/ -- ProShares, together with The American Stock Exchange(R) (Amex(R)), today announced the launch of eight new innovative exchange traded funds (ETFs) designed to make it easier for investors to get short or magnified exposure to an index.

Four Short ProShares are the first ETFs designed to provide short exposure to well-known market indexes, seeking daily investment results that correspond to the inverse of those indexes, before fees and expenses. Four Ultra ProShares are the first ETFs designed to magnify daily index performance. They seek daily investment results that correspond to twice the performance of their underlying indexes, before fees and expenses.

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