AMENDMENT NO. 18 DATED SEPTEMBER 9, 2013 TO THE PROSHARES TRUST MANAGEMENT SERVICES AGREEMENT DATED DECEMBER 15, 2005, BETWEEN PROSHARES TRUST AND PROSHARE ADVISORS LLC SCHEDULE A TO THE MANAGEMENT SERVICES AGREEMENT BETWEEN PROSHARES TRUST AND...
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AMENDMENT NO. 18 DATED SEPTEMBER 9, 2013 TO THE PROSHARES TRUST MANAGEMENT
SERVICES AGREEMENT DATED DECEMBER 15, 2005, BETWEEN PROSHARES TRUST AND
PROSHARE ADVISORS LLC
SCHEDULE A
TO THE MANAGEMENT SERVICES AGREEMENT
BETWEEN PROSHARES TRUST AND PROSHARE ADVISORS LLC
As of September 9, 2013
NAME OF FUND |
COMPENSATION | |
(at Annual rate expressed as a percentage of average daily net assets of each Fund)1 | ||
ProShares Ultra S&P500 |
0.10% | |
ProShares Ultra MidCap400 |
0.10% | |
ProShares Ultra Dow30 |
0.10% | |
ProShares Ultra QQQ |
0.10% | |
ProShares Ultra Russell1000 Value |
0.10% | |
ProShares Ultra Russell1000 Growth |
0.10% | |
ProShares Ultra Xxxxxxx XxxXxx Value |
0.10% | |
ProShares Ultra Xxxxxxx MidCap Growth |
0.10% | |
ProShares Ultra Russell2000 Value |
0.10% | |
ProShares Ultra Russell2000 Growth |
0.10% | |
ProShares Ultra Basic Materials |
0.10% | |
ProShares Ultra Biotechnology |
0.10% | |
ProShares Ultra Consumer Goods |
0.10% | |
ProShares Ultra Consumer Services |
0.10% | |
ProShares Ultra Financials |
0.10% | |
ProShares Ultra Health Care |
0.10% | |
ProShares Ultra Industrials |
0.10% | |
ProShares Ultra Oil & Gas |
0.10% | |
ProShares Ultra Precious Metals |
0.10% | |
ProShares Ultra Real Estate |
0.10% | |
ProShares Ultra Semiconductors |
0.10% | |
ProShares Ultra Technology |
0.10% | |
ProShares Ultra Telecommunications2 |
0.10% | |
ProShares Ultra Utilities |
0.10% | |
ProShares Ultra Russell1000 |
0.10% | |
ProShares Ultra Xxxxxxx XxxXxx |
0.10% | |
ProShares Ultra Russell2000 |
0.10% | |
ProShares Ultra SmallCap600 |
0.10% | |
ProShares Ultra S&P Retail |
0.10% | |
ProShares Ultra MSCI Japan |
0.10% | |
ProShares Ultra MSCI Emerging Markets |
0.10% | |
ProShares Ultra MSCI EAFE |
0.10% | |
ProShares Ultra NASDAQ Biotechnology |
0.10% | |
ProShares Ultra Telecommunications3 |
0.10% | |
ProShares Ultra FTSE China 25 |
0.10% | |
ProShares Ultra 3-7 Year Treasury |
0.10% | |
ProShares Ultra 7-10 Year Treasury |
0.10% | |
ProShares Ultra 20+ Year Treasury |
0.10% | |
ProShares Ultra High Yield |
0.10% |
1 | All fees are computed daily and paid monthly |
2 | Benchmark Index: Dow Xxxxx U.S. Telecommunications Index |
3 | Benchmark Index: Dow Xxxxx U.S. Select Telecommunications Index |
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NAME OF FUND |
COMPENSATION | |
(at Annual rate expressed as a percentage of average daily net assets of each Fund)4 | ||
ProShares Ultra Investment Grade Corporate |
0.10% | |
ProShares Ultra TIPS |
0.10% | |
ProShares Ultra NASDAQ Composite |
0.10% | |
ProShares Ultra Aggregate Bond |
0.10% | |
ProShares Ultra DJ Wilshire Total Market |
0.10% | |
ProShares Ultra Russell3000 |
0.10% | |
ProShares Ultra MSCI Pacific ex-Japan |
0.10% | |
ProShares Ultra MSCI Latin America |
0.10% | |
ProShares Ultra Europe5 |
0.10% | |
ProShares Ultra MSCI BRIC |
0.10% | |
ProShares Ultra S&P Europe 350 |
0.10% | |
ProShares Ultra MSCI Brazil Capped |
0.10% | |
ProShares Ultra MSCI Canada |
0.10% | |
ProShares Ultra MSCI South Korea |
0.10% | |
ProShares Ultra MSCI Taiwan |
0.10% | |
ProShares Ultra MSCI Australia |
0.10% | |
ProShares Ultra MSCI Hong Kong |
0.10% | |
ProShares Ultra MSCI Mexico Capped IMI |
0.10% | |
ProShares Ultra KBW Regional Banking |
0.10% | |
ProShares Ultra Gold Miners |
0.10% | |
ProShares Short S&P500 |
0.10% | |
ProShares Short MidCap400 |
0.10% | |
ProShares Short Dow30 |
0.10% | |
ProShares Short QQQ |
0.10% | |
ProShares Short Russell2000 |
0.10% | |
ProShares Short SmallCap600 |
0.10% | |
ProShares Short Russell1000 |
0.10% | |
ProShares Short Russell1000 Value |
0.10% | |
ProShares Short Russell1000 Growth |
0.10% | |
ProShares Xxxxx Xxxxxxx XxxXxx Value |
0.10% | |
ProShares Xxxxx Xxxxxxx MidCap Growth |
0.10% | |
ProShares Short Russell2000 Value |
0.10% | |
ProShares Short Russell2000 Growth |
0.10% | |
ProShares Short Basic Materials |
0.10% | |
ProShares Short Biotechnology |
0.10% | |
ProShares Short Consumer Goods |
0.10% | |
ProShares Short Consumer Services |
0.10% | |
ProShares Short Financials |
0.10% | |
ProShares Short Health Care |
0.10% | |
ProShares Short Industrials |
0.10% | |
ProShares Short Oil & Gas |
0.10% | |
ProShares Short Precious Metals |
0.10% | |
ProShares Short Real Estate |
0.10% | |
ProShares Short Semiconductors |
0.10% | |
ProShares Short Technology |
0.10% | |
ProShares Short Telecommunications6 |
0.10% | |
ProShares Short Telecommunications7 |
0.10% | |
ProShares Short Utilities |
0.10% | |
ProShares Short NASDAQ Biotechnology |
0.10% | |
ProShares Xxxxx Xxxxxxx XxxXxx |
0.10% | |
ProShares Short S&P Retail |
0.10% |
4 | All fees are computed daily and paid monthly |
5 | Effective on October 1, 2013, the Fund’s name will change to “ProShares Ultra FTSE Europe” |
6 | Benchmark Index: Dow Xxxxx U.S. Telecommunications Index |
7 | Benchmark Index: Dow Xxxxx U.S. Select Telecommunications Index |
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NAME OF FUND |
COMPENSATION | |
(at Annual rate expressed as a percentage of average daily net assets of each Fund)8 | ||
ProShares Short MSCI Japan |
0.10% | |
ProShares Short MSCI Emerging Markets |
0.10% | |
ProShares Short MSCI EAFE |
0.10% | |
ProShares Short 3-7 Year Treasury |
0.10% | |
ProShares Short 7-10 Year Treasury |
0.10% | |
ProShares Short 20+ Year Treasury |
0.10% | |
ProShares Short 30 Year TIPS/TSY Spread |
0.10% | |
ProShares Short High Yield |
0.10% | |
ProShares Short Investment Grade Corporate |
0.10% | |
ProShares Short TIPS |
0.10% | |
ProShares Short NASDAQ Composite |
0.10% | |
ProShares Short Aggregate Bond |
0.10% | |
ProShares Short DJ Wilshire Total Market |
0.10% | |
ProShares Short Russell3000 |
0.10% | |
ProShares Short MSCI Pacific ex-Japan |
0.10% | |
ProShares Short MSCI Latin America |
0.10% | |
ProShares Short MSCI Europe |
0.10% | |
ProShares Short MSCI BRIC |
0.10% | |
ProShares Short S&P Europe 350 |
0.10% | |
ProShares Short MSCI Brazil |
0.10% | |
ProShares Short MSCI Canada |
0.10% | |
ProShares Short MSCI South Korea |
0.10% | |
ProShares Short MSCI Taiwan |
0.10% | |
ProShares Short MSCI Australia |
0.10% | |
ProShares Short MSCI Hong Kong |
0.10% | |
ProShares Short MSCI Mexico Investable Market |
0.10% | |
ProShares Short KBW Regional Banking |
0.10% | |
ProShares Short FTSE China 25 |
0.10% | |
ProShares Short Gold Miners |
0.10% | |
ProShares UltraShort S&P500 |
0.10% | |
ProShares UltraShort MidCap400 |
0.10% | |
ProShares UltraShort Dow30 |
0.10% | |
ProShares UltraShort QQQ |
0.10% | |
ProShares UltraShort Russell1000 |
0.10% | |
ProShares UltraShort Russell2000 |
0.10% | |
ProShares UltraShort SmallCap600 |
0.10% | |
ProShares UltraShort Russell1000 Value |
0.10% | |
ProShares UltraShort Russell1000 Growth |
0.10% | |
ProShares UltraShort Xxxxxxx XxxXxx Value |
0.10% | |
ProShares UltraShort Xxxxxxx MidCap Growth |
0.10% | |
ProShares UltraShort Russell2000 Value |
0.10% | |
ProShares UltraShort Russell2000 Growth |
0.10% | |
ProShares UltraShort Basic Materials |
0.10% | |
ProShares UltraShort Biotechnology |
0.10% | |
ProShares UltraShort Consumer Goods |
0.10% | |
ProShares UltraShort Consumer Services |
0.10% | |
ProShares UltraShort Financials |
0.10% | |
ProShares UltraShort Health Care |
0.10% | |
ProShares UltraShort Industrials |
0.10% |
8 | All fees are computed daily and paid monthly |
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NAME OF FUND |
COMPENSATION | |
(at Annual rate expressed as a percentage of average daily net assets of each Fund)9 | ||
ProShares UltraShort Oil & Gas |
0.10% | |
ProShares UltraShort Precious Metals |
0.10% | |
ProShares UltraShort Real Estate |
0.10% | |
ProShares UltraShort Semiconductors |
0.10% | |
ProShares UltraShort Technology |
0.10% | |
ProShares UltraShort Telecommunications10 |
0.10% | |
ProShares UltraShort Utilities |
0.10% | |
ProShares UltraShort Xxxxxxx XxxXxx |
0.10% | |
ProShares UltraShort S&P Retail |
0.10% | |
ProShares UltraShort MSCI Japan |
0.10% | |
ProShares UltraShort MSCI Emerging Markets |
0.10% | |
ProShares UltraShort MSCI EAFE |
0.10% | |
ProShares UltraShort NASDAQ Biotechnology |
0.10% | |
ProShares UltraShort Telecommunications11 |
0.10% | |
ProShares UltraShort FTSE China 25 |
0.10% | |
ProShares UltraShort 3-7 Year Treasury |
0.10% | |
ProShares UltraShort 7-10 Year Treasury |
0.10% | |
ProShares UltraShort 20+ Year Treasury |
0.10% | |
ProShares UltraShort High Yield |
0.10% | |
ProShares UltraShort Investment Grade Corporate |
0.10% | |
ProShares UltraShort TIPS |
0.10% | |
ProShares UltraShort NASDAQ Composite |
0.10% | |
ProShares UltraShort Aggregate Bond |
0.10% | |
ProShares UltraShort DJ Wilshire Total Market |
0.10% | |
ProShares UltraShort Russell3000 |
0.10% | |
ProShares UltraShort MSCI Pacific ex-Japan |
0.10% | |
ProShares UltraShort MSCI Latin America |
0.10% | |
ProShares UltraShort Europe12 |
0.10% | |
ProShares UltraShort MSCI BRIC |
0.10% | |
ProShares UltraShort S&P Europe 350 |
0.10% | |
ProShares UltraShort MSCI Brazil Capped |
0.10% | |
ProShares UltraShort MSCI Canada |
0.10% | |
ProShares UltraShort MSCI South Korea |
0.10% | |
ProShares UltraShort MSCI Taiwan |
0.10% | |
ProShares UltraShort MSCI Australia |
0.10% | |
ProShares UltraShort MSCI Hong Kong |
0.10% | |
ProShares UltraShort MSCI Mexico Capped IMI |
0.10% | |
ProShares UltraShort KBW Regional Banking |
0.10% | |
ProShares UltraShort Gold Miners |
0.10% | |
ProShares UltraPro S&P500 |
0.10% | |
ProShares UltraPro QQQ |
0.10% | |
ProShares UltraPro Dow30 |
0.10% | |
ProShares UltraPro Russell2000 |
0.10% | |
ProShares UltraPro MidCap 400 |
0.10% | |
ProShares UltraPro MSCI EAFE |
0.10% | |
ProShares UltraPro 3-7 Year Treasury |
0.10% | |
ProShares UltraPro 7-10 Year Treasury |
0.10% |
9 | All fees are computed daily and paid monthly |
10 | Benchmark Index: Dow Xxxxx U.S. Telecommunications Index |
11 | Benchmark Index: Dow Xxxxx U.S. Select Telecommunications Index |
12 | Effective on October 1, 2013, the Fund’s name will change to “ProShares UltraShort FTSE Europe” |
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NAME OF FUND |
COMPENSATION | |
(at Annual rate expressed as a percentage of average daily net assets of each Fund)13 | ||
ProShares UltraPro 20+ Year Treasury |
0.10% | |
[Portions of this schedule have been redacted] |
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ProShares UltraPro 10 Year TIPS/TSY Spread |
0.10% | |
[Portions of this schedule have been redacted] |
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ProShares UltraPro MSCI Emerging Markets |
0.10% | |
ProShares UltraPro Financials |
0.10% | |
ProShares UltraPro Oil & Gas |
0.10% | |
[Portions of this schedule have been redacted] |
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ProShares UltraPro Short S&P500 |
0.10% | |
ProShares UltraPro Short QQQ |
0.10% | |
ProShares UltraPro Short Dow30 |
0.10% | |
ProShares UltraPro Short Russell2000 |
0.10% | |
ProShares UltraPro Short MidCap400 |
0.10% | |
ProShares UltraPro Short MSCI EAFE |
0.10% | |
ProShares UltraPro Short 3-7 Year Treasury |
0.10% | |
ProShares UltraPro Short 7-10 Year Treasury |
0.10% | |
ProShares UltraPro Short 20+ Year Treasury |
0.10% | |
[Portions of this schedule have been redacted] |
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ProShares UltraPro Short 10 Year TIPS/TSY Spread |
0.10% | |
ProShares UltraPro Short 30 Year TIPS/TSY Spread |
0.10% | |
ProShares UltraPro Short MSCI Emerging Markets |
0.10% | |
ProShares UltraPro Short Financials |
0.10% | |
ProShares UltraPro Short Oil & Gas |
0.10% | |
[Portions of this schedule have been redacted] |
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ProShares Large Cap Core Plus |
0.10% | |
ProShares RAFI Long/Short |
0.10% | |
ProShares Hedge Replication ETF |
0.10% | |
ProShares MSCI Latin America |
0.10% | |
ProShares MSCI EAFE – 15% Volatility |
0.10% | |
ProShares MSCI Emerging Markets – 15% Volatility |
0.10% | |
ProShares Xxxxxxx 2000 – 15% Volatility |
0.10% | |
ProShares S&P Midcap 400 – 15% Volatility |
0.10% | |
ProShares NASDAQ 100 – 15% Volatility |
0.10% | |
ProShares Xxxxxxx 1000 – 15% Volatility |
0.10% | |
ProShares Dow 30 – 15% Volatility |
0.10% | |
ProShares Merger ETF |
0.10% | |
ProShares 30 Year TIPS/TSY Spread |
0.10% | |
ProShares German Sovereign / Sub-Sovereign ETF |
0.10% | |
ProShares Sovereign Fiscal Strength ETF |
0.10% | |
ProShares USD Covered Bond |
0.10% | |
[Portions of this schedule have been redacted] |
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ProShares Global Listed Private Equity ETF |
0.10% | |
ProShares High Yield–Interest Rate Hedged |
0.10% | |
ProShares S&P 500 Aristocrats ETF |
0.10% | |
[Portions of this schedule have been redacted] |
13 | All fees are computed daily and paid monthly |
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PROSHARE ADVISORS LLC, a Maryland limited liability company |
a Delaware statutory trust |
By: | /s/ Xxxxxxx X. Xxxxx |
By: | /s/ Xxxxx X. Xxxxxxx | |||
Xxxxxxx X. Xxxxx Chief Executive Officer |
Xxxxx X. Xxxxxxx President |