MRGR – ProShares Merger – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results, before fees and expenses, that track the performance of the S&P® Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index is designed to measure the performance of a risk arbitrage strategy that exploits commonly observed price changes associated with publicly announced mergers, acquisitions, or other corporate reorganizations. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MRGR	ProShares Merger ETF	ETF	Open		—	Dec 11, 2012	$15.81M	0.750%	—	—	$3.03M

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