The American Stock Exchange has launched trading in two new exchange traded funds: Short Financials ProShares (Amex: SEF) and Short Oil & Gas ProShares (Amex: DDG) by ProShare Advisors LLC (ProShares). ProShares now offers investors a choice of 64 ETFs, all of which are listed on the Amex.

“The Amex is proud to support ProShares as they continue to grow their diverse family of ETFs,” said Scott Ebner, Senior Vice President of the Amex ETF Marketplace. “SEF and DDG provide short exposure to the financial and energy sectors, respectively.”

SEF is designed to seek daily investment results that, before fees and expenses, correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. FinancialsSM Index which measures the performance of the financial services industry of the U.S. equity market.

DDG is designed to seek daily investment results that, before fees and expenses, correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Oil & GasSM Index which measures the performance of the oil and gas industry of the U.S. equity market. -- www.amex.com

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