EX-99.D.1 2 dex99d1.htm EXHIBIT (D)(1) EXHIBIT (D)(1)

Exhibit (d)(1)

AMENDMENT NO. 1 DATED DECEMBER 15, 2006 TO THE PROSHARES TRUST INVESTMENT

ADVISORY AGREEMENT DATED DECEMBER 15, 2005, BETWEEN PROSHARES TRUST AND

PROSHARE ADVISORS LLC

SCHEDULE A

TO THE INVESTMENT ADVISORY AGREEMENT

BETWEEN PROSHARES TRUST AND PROSHARE ADVISORS LLC

AS OF DECEMBER 15, 2006

 

NAME OF FUND

   COMPENSATION  
     (at Annual rate expressed as a
percentage of average daily net
assets of each Fund)(1)
 

Ultra S&P500 ProShares

   0.75 %

Ultra MidCap400 ProShares

   0.75 %

Ultra Dow30 ProShares

   0.75 %

Ultra QQQ ProShares

   0.75 %

Short S&P500 ProShares

   0.75 %

Short MidCap400 ProShares

   0.75 %

Short Dow30 ProShares

   0.75 %

Short QQQ ProShares

   0.75 %

UltraShort S&P500 ProShares

   0.75 %

UltraShort MidCap400 ProShares

   0.75 %

UltraShort Dow30 ProShares

   0.75 %

UltraShort QQQ ProShares

   0.75 %

Ultra Russell2000 ProShares

   0.75 %

Ultra S&P SmallCap600 ProShares

   0.75 %

Ultra Russell1000 Value ProShares

   0.75 %

Ultra Russell1000 Growth ProShares

   0.75 %

Ultra Russell MidCap Value ProShares

   0.75 %

Ultra Russell MidCap Growth ProShares

   0.75 %

Ultra Russell2000 Value ProShares

   0.75 %

Ultra Russell2000 Growth ProShares

   0.75 %

Ultra Basic Materials ProShares

   0.75 %

Ultra Biotechnology ProShares

   0.75 %

Ultra Consumer Goods ProShares

   0.75 %

Ultra Consumer Services ProShares

   0.75 %

Ultra Financials ProShares

   0.75 %

Ultra Health Care ProShares

   0.75 %

Ultra Industrials ProShares

   0.75 %

Ultra Oil & Gas ProShares

   0.75 %

Ultra Precious Metals ProShares

   0.75 %

Ultra Real Estate ProShares

   0.75 %

Ultra Semiconductors ProShares

   0.75 %

Ultra Technology ProShares

   0.75 %

1 All fees are computed daily and paid monthly.


NAME OF FUND

   COMPENSATION  
     (at Annual rate expressed as a
percentage of average daily net
assets of each Fund)(2)
 

Ultra Telecommunications ProShares

   0.75 %

Ultra Utilities ProShares

   0.75 %

Ultra Russell1000 ProShares

   0.75 %

Short Russell2000 ProShares

   0.75 %

Short S&P SmallCap600 ProShares

   0.75 %

Short Russell1000 Value ProShares

   0.75 %

Short Russell1000 Growth ProShares

   0.75 %

Short Russell MidCap Value ProShares

   0.75 %

Short Russell MidCap Growth ProShares

   0.75 %

Short Russell2000 Value ProShares

   0.75 %

Short Russell2000 Growth ProShares

   0.75 %

Short Basic Materials ProShares

   0.75 %

Short Biotechnology ProShares

   0.75 %

Short Consumer Goods ProShares

   0.75 %

Short Consumer Services ProShares

   0.75 %

Short Financials ProShares

   0.75 %

Short Health Care ProShares

   0.75 %

Short Industrials ProShares

   0.75 %

Short Oil & Gas ProShares

   0.75 %

Short Precious Metals ProShares

   0.75 %

Short Real Estate ProShares

   0.75 %

Short Semiconductors ProShares

   0.75 %

Short Technology ProShares

   0.75 %

Short Telecommunications ProShares

   0.75 %

Short Utilities ProShares

   0.75 %

UltraShort Russell1000 ProShares

   0.75 %

UltraShort Russell2000 ProShares

   0.75 %

UltraShort S&P SmallCap600 ProShares

   0.75 %

UltraShort Russell1000 Value ProShares

   0.75 %

UltraShort Russell1000 Growth ProShares

   0.75 %

UltraShort Russell MidCap Value ProShares

   0.75 %

UltraShort Russell MidCap Growth ProShares

   0.75 %

UltraShort Russell2000 Value ProShares

   0.75 %

UltraShort Russell2000 Growth ProShares

   0.75 %

UltraShort Basic Materials ProShares

   0.75 %

UltraShort Biotechnology ProShares

   0.75 %

UltraShort Consumer Goods ProShares

   0.75 %

UltraShort Consumer Services ProShares

   0.75 %

UltraShort Financials ProShares

   0.75 %

UltraShort Health Care ProShares

   0.75 %

UltraShort Industrials ProShares

   0.75 %

UltraShort Oil & Gas ProShares

   0.75 %

UltraShort Precious Metals ProShares

   0.75 %

UltraShort Real Estate ProShares

   0.75 %

UltraShort Semiconductors ProShares

   0.75 %

UltraShort Technology ProShares

   0.75 %

UltraShort Telecommunications ProShares

   0.75 %

1 All fees are computed daily and paid monthly.


NAME OF FUND

   COMPENSATION  
     (at Annual rate expressed as a
percentage of average daily net
assets of each Fund)(3)
 

UltraShort Utilities ProShares

   0.75 %

UltraShort Russell1000 ProShares

   0.75 %

Ultra Russell MidCap

   0.75 %

Short Russell MidCap

   0.75 %

Ultra Short Russell MidCap

   0.75 %

 

PROSHARE ADVISORS LLC,

a Maryland limited liability company

     PROSHARES TRUST,
a Delaware statutory trust
By:  

 

     By:  

 

  Michael L. Sapir        Louis M. Mayberg
  Chief Executive Officer        President

1 All fees are computed daily and paid monthly.