OND Profile
The ProShares On-Demand ETF is designed to track the performance of an index that encompasses companies specializing in providing platforms and services for on-demand access to various lifestyle needs. This includes sectors such as digital media, e-gaming, fitness, food delivery, ridesharing, and virtual reality experiences. The index methodology identifies firms that are integral to these on-demand services, reflecting their significant role in the evolving landscape of consumer access and convenience.
The fund aims to achieve its investment objective by maintaining full investment in securities and/or financial instruments that mirror the returns of the index. This strategy is implemented regardless of prevailing market conditions, trends, or directional movements. The fund’s adviser is committed to ensuring that the portfolio consistently reflects the index's performance, allowing investors to gain exposure to the growth potential of on-demand service sectors.
The ProShares On-Demand ETF focuses on a diverse range of companies that are driving innovation and accessibility in the on-demand economy. This sector includes prominent players in digital entertainment, mobile applications, and new technologies that cater to immediate consumer demands. By investing in this fund, investors participate in the expansion of industries that are shaping modern lifestyles through on-demand solutions.
As a non-diversified fund, the ProShares On-Demand ETF concentrates its investments in specific sectors and companies that are central to the on-demand economy. This concentration allows for targeted exposure to high-growth areas of the market but also implies a higher level of risk associated with sector-specific fluctuations. The fund’s approach reflects a commitment to capturing the dynamic growth of the on-demand services industry.
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