A Little Friday File Fun (07/03)

July 3, 2009 (PLANSPONSOR.com) - They say that a picture is worth a thousand words...

Well, here’s a couple of thousand…

Some really cool Lego art at http://abduzeedo.com/amazing-lego-art-nathan-sawaya

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Co-workers pilfering your lunch?   Check out these “anti-theft” lunch bags:  http://design-milk.com/anti-theft-lunch-bags/

Why you should always look outside BEFORE you open the door....  

You know that old saying - "hell hath no fury like...?" 

Let's just say be careful when you let go...

The world's ugliest dog (hey, I didn't make the call):

Oh - and the world's ugliest PEDIGREE dog (which I think should have won the overall prize): 

TRIVIAL PURSUITS :   Two Presidents signed the U.S. Constitution.   James Madison - the so-called "father of the Constitution" was one - who was the other?  

None other than George Washington .

ETFs Provide Short and Leveraged Exposure to Russell 3000

July 2, 2009 (PLANSPONSOR.com) - ProFunds Group has launched what it says are the first exchange-traded funds (ETFs) built to provide short and leveraged exposure to the Russell 3000 Index.

According to an announcement, the ProShares Ultra Russell3000 (UWC) is built to produce 200% of the performance of the Russell 3000 Index for a single day, while ProShares UltraShort Russell3000 (TWQ) is built to produce 200% of the inverse performance of the Russell 3000 Index for a single day.

The Russell 3000 Index measures the stock performance of the largest 3000 U.S. companies, representing approximately 98% of the investable U.S. equity market. The new ETFs are listed on NYSE Arca.

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“With the addition of these broad market funds, ProShares now has seventeen leveraged and short ETFs linked to Russell indexes,” said Michael L. Sapir, ProFunds Group Chairman and CEO, in the announcement.

More information is at www.proshares.com .

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