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As of May 31, 2013, Horizons BetaPro US Dollar Bear Plus ETF has gone out of business. Horizons BetaPro US Dollar Bear Plus ETF is an exchange traded fund launched by Horizons ETFs Management (Canada) Inc. The fund is co-managed by Horizons Investment Management Inc. and ProShare Advisors LLC. It invests in currency markets. The fund takes short positions and uses future contracts to create its portfolio. It seeks to track twice the daily inverse performance of U.S. dollar denominated Canadian dollar futures contract. Horizons BetaPro US Dollar Bear Plus ETF was formed on September 27, 2005 and is domiciled in Canada.
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