TWM Stock, ProShares UltraShort Russell2000 Information

The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Russell 2000 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap U.S. stock market performance. The fund is non-diversified.