Ticker SymbolMRGR
Asset ClassAlternatives
Fund ManagerProShares
DomicileUS
Expense Ratio0.75%
Founded at2012-12-11
Tracking IndexS&P Merger Arbitrage Index - Benchmark TR Net
MRGR was created on 2012-12-11 by ProShares. The fund's investment portfolio concentrates primarily on long/short alternatives. MRGR tracks an index of developed-market equities involved in merger deals, with long exposure to target firms and short exposure to acquiring firms. The fund is net long and hedges FX risk.