Japan UltraShort MSCI Brazil Capped UltraShort FTSE China / Geared ProShares Funds / UltraShort FTSE China 25 ProShares Ultra FTSE China / UltraShort Gold Miners / General An Index Fund / Ultra MSCI Emerging Markets Ultra FTSE Europe / Aristocrats ETF ProShares Short FTSE China / UltraShort FTSE China 50 ProShares Ultra FTSE China / ProShares Ultra FTSE Europe ProShares UltraShort MSCI Brazil / EZJ / ProShare Advisors LLC / Short S&P Regional Banking / Japan Ultra MSCI Brazil Capped Ultra FTSE China / Ultra FTSE China 25 ProShares UltraShort MSCI Europe / Ultra ProShares Funds / ProShare Capital Management LLC / Merrill Lynch / UltraShort MSCI Emerging Markets UltraShort FTSE Europe / PROSHARES TRUST / Related Options (not applicable to the USD Covered Bond or the German Sovereign/SubSovereign ETF) Each Fund / ETF EMSH Short Term USD Emerging / China 50 ProShares UltraShort FTSE Europe / Dividend Aristocrats ETF ProShares Short FTSE China / Short FTSE China 25 ProShares UltraShort FTSE China / Ultra S&P Regional Banking / S&P / UltraShort Junior Miners / 1940 ProShare Advisors LLC / Regions Some Funds / CDS Funds / Ultra Junior Miners / Morningstar / 1986 SEI Investments Distribution Co. / ProShares UltraShort FTSE China / Matching ProShares Funds / ProShares Ultra MSCI Europe ProShares UltraShort MSCI Brazil / Russell 2000 Dividend Growers / Page PROSHARES TRUST / PROSHARES TRUST ProShares Trust / Short ProShares Funds / Ultra Gold Miners / Short Fixed Income ProShares Funds / /
Continent
Asia / Europe / /
Country
United States / /
Currency
pence / /
Event
Dividend Issuance / Reorganization / /
Facility
East Tower / /
IndustryTerm
shareholder communications / correspondent bank / Retail investors / bank / custodian bank / retail customers / /
MarketIndex
S&P 500 / FTSE China 50 / S&P 400 Dividend / Russell 2000 Dividend / FTSE China 25 / S&P 500 Dividend / /
Organization
National Futures Association / CONTENTS Page PROSHARES TRUST / Foreign Currencies Each Fund / Long CDS Fund / ProShares Fund / U.S. Commodity Futures Trading Commission / U.S. Securities and Exchange Commission / Matching ProShares Fund / Trust SEC Shares Trust / CDS Fund / / /
STATEMENT OF ADDITIONAL INFORMATION—OCTOBER 1, 2014, as supplemented May 6, 2015 PROSHARES TRUST 7501 Wisconsin Avenue, Suite 1000—East Tower, Bethesda, MDALTS Morningstar Alternatives Solution ETF TOLZ D