PROSHARES MERGER ETF: (AMEX: MRGR)
May 20 10:50 AM ET
BENCHMARK for MRGR
SP MERGER ARBITRAGE INDEX
The S&P Merger Arbitrage Index provides exposure to a global merger arbitrage strategy, which seeks to capture the spread between the price at which the stock of a company trades after a proposed acquisition of such target is announced and the value that the acquiring company has proposed to pay for the stock of the target. The index takes long positions in target securities.
FUND SUMMARY FOR MRGR
PROSHARES MERGER ETF
ProShares Merger ETF seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index.
Zacks Commentary For MRGR
Jan, 11 2013
Zacks Blog: ProShares Launches Merger Arbitrage ETF
Dec, 13 2012