EX-99.G.1.D 3 dex99g1d.htm EXHIBIT (G)(1)(D) EXHIBIT (G)(1)(D)

Exhibit (g)(1)(d)(i)

AMENDMENT #17 dated as of November 23, 2010 to the

Custody Agreement dated as of May 25, 2006, between PROSHARES TRUST

(“ProShares”) and JPMORGAN CHASE BANK, N.A. (“Bank”), as amended from time to time.

EXHIBIT 1

PROSHARES TRUST PORTFOLIOS

THAT ARE PARTIES TO THIS CUSTODY AGREEMENT

 

1.    ProShares Short S&P500
2.    ProShares Short QQQ
3.    ProShares Short Dow30
4.    ProShares Short MidCap400
5.    ProShares UltraShort S&P500
6.    ProShares UltraShort QQQ
7.    ProShares UltraShort Dow30
8.    ProShares UltraShort MidCap400
9.    ProShares Ultra S&P500
10.    ProShares Ultra QQQ
11.    ProShares Ultra Dow30
12.    ProShares Ultra MidCap400
13.    ProShares Ultra SmallCap600
14.    ProShares Ultra Russell2000
15.    ProShares Short SmallCap600
16.    ProShares Short Russell2000
17.    ProShares UltraShort SmallCap600
18.    ProShares UltraShort Russell2000
19.    ProShares Ultra Basic Materials
20.    ProShares Ultra Consumer Goods
21.    ProShares Ultra Consumer Services
22.    ProShares Ultra Financials
23.    ProShares Ultra Health Care
24.    ProShares Ultra Industrials
25.    ProShares Ultra Oil & Gas
26.    ProShares Ultra Real Estate
27.    ProShares Ultra Semiconductors
28.    ProShares Ultra Technology
29.    ProShares Ultra Utilities
30.    ProShares UltraShort Basic Materials
31.    ProShares UltraShort Consumer Goods
32.    ProShares UltraShort Consumer Services
33.    ProShares UltraShort Financials
34.    ProShares UltraShort Health Care

35.    ProShares UltraShort Industrials
36.    ProShares UltraShort Oil & Gas
37.    ProShares UltraShort Real Estate
38.    ProShares UltraShort Semiconductors
39.    ProShares UltraShort Technology
40.    ProShares UltraShort Utilities
41.    ProShares Ultra Russell1000 Value
42.    ProShares Ultra Russell1000 Growth
43.    ProShares Ultra Russell MidCap Value
44.    ProShares Ultra Russell MidCap Growth
45.    ProShares Ultra Russell2000 Value
46.    ProShares Ultra Russell2000 Growth
47.    ProShares UltraShort Russell1000 Value
48.    ProShares UltraShort Russell1000 Growth
49.    ProShares UltraShort Russell MidCap Value
50.    ProShares UltraShort Russell MidCap Growth
51.    ProShares UltraShort Russell2000 Value
52.    ProShares UltraShort Russell2000 Growth
53.    ProShares Short MSCI Emerging Markets
54.    ProShares Short MSCI EAFE
55.    ProShares UltraShort MSCI Emerging Markets
56.    ProShares UltraShort MSCI Japan
57.    ProShares UltraShort MSCI EAFE
58.    ProShares UltraShort FTSE/Xinhua China 25
59.    ProShares UltraShort 7-10 Year Treasury
60.    ProShares UltraShort 20+ Year Treasury
61.    ProShares Ultra FTSE/Xinhua China 25
62.    ProShares Ultra MSCI Japan
63.    ProShares Ultra Telecommunications
64.    ProShares UltraShort Telecommunications
65.    ProShares Short Financials
66.    ProShares Short Oil & Gas
67.    ProShares Ultra MSCI EAFE
68.    ProShares Ultra MSCI Emerging Markets
69.    ProShares Ultra Russell3000
70.    ProShares UltraShort MSCI Europe
71.    ProShares UltraShort MSCI Pacific ex-Japan
72.    ProShares UltraShort MSCI Brazil
73.    ProShares UltraShort MSCI Mexico Investable Market
74.    ProShares UltraShort Russell3000
75.    ProShares Credit Suisse 130/30

 

2

76.    ProShares UltraPro S&P500
77.    ProShares UltraPro Short S&P500
78.    ProShares Short 20+ Year Treasury
79.    ProShares Ultra 7-10 Year Treasury
80.    ProShares Ultra 20+ Year Treasury
81.    ProShares UltraPro Dow30
82.    ProShares UltraPro MidCap400
83.    ProShares UltraPro Russell2000
84.    ProShares UltraPro QQQ
85.    ProShares UltraPro Short Dow30
86.    ProShares UltraPro Short MidCap400
87.    ProShares UltraPro Short Russell2000
88.    ProShares UltraPro Short QQQ
89.    ProShares Short Basic Materials
90.    ProShares Short Real Estate
91.    ProShares Short FTSE/Xinhua China 25
92.    ProShares Ultra Nasdaq Biotechnology
93.    ProShares UltraShort Nasdaq Biotechnology
94.    ProShares Ultra KBW Regional Banking
95.    ProShares Short KBW Regional Banking
96.    ProShares Ultra MSCI Europe
97.    ProShares Ultra MSCI Pacific ex-Japan
98.    ProShares Ultra MSCI Brazil
99.    ProShares Ultra MSCI Mexico Investable Market
100.    ProShares RAFI Long/Short

 

3

SCHEDULE A

PROSHARES TRUST

FEE SCHEDULE

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

from

JPMORGAN CHASE BANK, N.A.

 

A. Global Custody Core Service Fees

 

Market Value Fees    Annual Fee  

All domestic assets

   

First $2 billion

      2.50 bp   

Over $2 billion

      1.00 bp   
U.S. Market Transaction Charges    Per Transaction  

DTC non-Russell index funds

    $ 5.00   

DTC Russell index funds

    $ 3.50   

Fed Book Entry

    $ 5.00   

Physical Transactions

    $ 12.00   

Futures/Options

    $ 12.00   

Wire Transfers

    $ 8.00   

 

B. Out-of-Pocket Fees (Custody Only)

The Trust shall reimburse JPMorgan for all reasonable out-of-pocket expenses incurred on its behalf.

 

4

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

 

C. Global Fee Schedule

Global Custody Core Service Fees

Asset charges (per annum) and Transaction charges (per security movement). These global custody fees are all the fees contemplated in Section 4.1 of the Global Custody Rider to this agreement.

 

Country of Investment

    Holdings
(basis points)		      Transactions
(U.S. Dollars)		                 

Country of Investment

    Holdings
(basis points)		      Transactions
(U.S. Dollars)		  

Argentina

      20.00         45.00         

Jordan

      35.00         75.00   

Australia

      2.00         20.00         

Korea

      10.00         35.00   

Austria

      2.50         35.00         

Malaysia

      8.00         35.00   

Belgium

      2.50         25.00         

Mexico

      8.00         25.00   

Brazil

      12.00         45.00         

Morocco

      35.00         75.00   

Chile

      20.00         45.00         

Netherlands

      2.00         20.00   

China

      20.00         45.00         

New Zealand

      3.00         35.00   

Colombia

      25.00         75.00         

Norway

      2.00         35.00   

Czech Republic

      17.00         45.00         

Pakistan

      35.00         75.00   

Denmark

      2.00         25.00         

Peru

      25.00         75.00   

Egypt

      25.00         50.00         

Philippines

      8.00         35.00   

Finland

      2.00         25.00         

Poland

      17.00         45.00   

France

      1.75         20.00         

Portugal

      4.00         35.00   

Germany

      1.75         20.00         

Russia

      17.00         45.00   

Greece

      8.00         25.00         

Singapore

      4.00         35.00   

Hong Kong

      3.00         35.00         

South Africa

      8.00         35.00   

Hungary

      17.00         45.00         

Spain

      2.50         35.00   

India

      10.00         45.00         

Sweden

      2.00         25.00   

Indonesia

      8.00         35.00         

Switzerland

      2.00         20.00   

Ireland

      2.00         35.00         

Taiwan

      15.00         45.00   

Israel

      15.00         45.00         

Thailand

      8.00         35.00   

Italy

      2.00         20.00         

Turkey

      10.00         35.00   

Japan

      1.25         20.00         

United Kingdom

      1.00         15.00   

 

5

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

 

D. Agency Services

JPMorgan shall be entitled to receive transaction fees from Authorized Participants (APs) according to the following schedule.

Fixed fee schedule charged to create or redeem Creation Units regardless of number of units redeemed or created for an order:

 

ProShares Ultra S&P500®

    $ 2,500   

ProShares Short S&P500®

    $ 500   

ProShares UltraShort S&P500®

    $ 500   

ProShares Ultra QQQ®

    $ 500   

ProShares Short QQQ®

    $ 500   

ProShares UltraShort QQQ®

    $ 500   

ProShares Ultra Dow30SM

    $ 500   

ProShares Short Dow30SM

    $ 500   

ProShares UltraShort Dow30SM

    $ 500   

ProShares Ultra MidCap400

    $ 2,000   

ProShares Short MidCap400

    $ 500   

ProShares UltraShort MidCap400

    $ 500   

ProShares Ultra Russell2000

    $ 3,500   

ProShares Short Russell2000

    $ 500   

ProShares UltraShort Russell2000

    $ 500   

ProShares Ultra SmallCap600

    $ 3,000   

ProShares Short SmallCap600

    $ 500   

ProShares UltraShort SmallCap600

    $ 500   

 

6

ProShares Ultra Russell1000 Value

    $ 3,055   

ProShares Short Russell1000 Value

    $ 500   

ProShares UltraShort Russell1000 Value

    $ 500   

ProShares Ultra Russell1000 Growth

    $ 3,415   

ProShares Short Russell1000 Growth

    $ 500   

ProShares UltraShort Russell1000 Growth

    $ 500   

ProShares Ultra Russell MidCap Value

    $ 2,405   

ProShares Short Russell MidCap Value

    $ 500   

ProShares UltraShort Russell MidCap Value

    $ 500   

ProShares Ultra Russell MidCap Growth

    $ 2,695   

ProShares Short Russell MidCap Growth

    $ 500   

ProShares UltraShort Russell MidCap Growth

    $ 500   

ProShares Ultra Russell2000 Value

    $ 3,500   

ProShares Short Russell2000 Value

    $ 500   

ProShares UltraShort Russell2000 Value

    $ 500   

ProShares Ultra Russell2000 Growth

    $ 3,500   

ProShares Short Russell2000 Growth

    $ 500   

ProShares UltraShort Russell2000 Growth

    $ 500   

ProShares Ultra Basic Materials

    $ 500   

ProShares Short Basic Materials

    $ 500   

ProShares UltraShort Basic Materials

    $ 500   

ProShares Ultra Consumer Goods

    $ 755   

ProShares Short Consumer Goods

    $ 500   

ProShares UltraShort Consumer Goods

    $ 500   

ProShares Ultra Consumer Services

    $ 1,265   

 

7

ProShares Short Consumer Services

    $ 500   

ProShares UltraShort Consumer Services

    $ 500   

ProShares Ultra Financials

    $ 1,555   

ProShares Short Financials

    $ 500   

ProShares UltraShort Financials

    $ 500   

ProShares Ultra Health Care

    $ 800   

ProShares Short Health Care

    $ 500   

ProShares UltraShort Health Care

    $ 500   

ProShares Ultra Industrials

    $ 1,355   

ProShares Short Industrials

    $ 500   

ProShares UltraShort Industrials

    $ 500   

ProShares Ultra Oil & Gas

    $ 500   

ProShares Short Oil & Gas

    $ 500   

ProShares UltraShort Oil & Gas

    $ 500   

ProShares Ultra Real Estate

    $ 500   

ProShares Short Real Estate

    $ 500   

ProShares UltraShort Real Estate

    $ 500   

ProShares Ultra Semiconductors

    $ 500   

ProShares Short Semiconductors

    $ 500   

ProShares UltraShort Semiconductors

    $ 500   

ProShares Ultra Technology

    $ 1,105   

ProShares Short Technology

    $ 500   

ProShares UltraShort Technology

    $ 500   

ProShares Ultra Utilities

    $ 500   

ProShares Short Utilities

    $ 500   

 

8

ProShares UltraShort Utilities

    $ 500   

ProShares Short MSCI Emerging Markets

    $ 500   

ProShares Short MSCI EAFE

    $ 500   

ProShares UltraShort MSCI Emerging Markets

    $ 500   

ProShares UltraShort MSCI Japan

    $ 500   

ProShares UltraShort MSCI EAFE

    $ 500   

ProShares UltraShort FTSE/Xinhua China 25

    $ 500   

ProShares UltraShort 7-10 Year Treasury

    $ 500   

ProShares UltraShort 20+ Year Treasury

    $ 500   

ProShares Ultra FTSE/Xinhua China 25

    $ 500 * 

ProShares Ultra FTSE/Xinhua China 25

    $ 875 *** 

ProShares Ultra MSCI Japan

    $ 500 * 

ProShares Ultra MSCI Japan

    $ 5,000 *** 

ProShares Ultra Telecommunications

    $ 500   

ProShares UltraShort Telecommunications

    $ 500   

ProShares Ultra MSCI EAFE

    $ 500 * 

ProShares Ultra MSCI EAFE

    $ 1,250 *** 

ProShares Ultra MSCI Emerging Markets

    $ 500 * 

ProShares Ultra MSCI Emerging Markets

    $ 1,250 *** 

ProShares UltraShort MSCI Europe

    $ 500   

 

* For any creation unit purchases or redemptions made when the Fund is invested in financial instruments and cash only.
** For any creation unit purchases or redemptions made when the Fund is invested in American Depository Receipts in addition to any financial instruments and cash.
*** For any creation unit purchases or redemptions made when the Fund is invested in local international equities or American Depository Receipts in addition to any financial instruments and cash.

With respect to any change from * to ** or ***, the express written approval of the Custodian is required.

 

9

ProShares UltraShort MSCI Pacific ex-Japan

    $ 500   

ProShares UltraShort MSCI Brazil

    $ 500   

ProShares UltraShort MSCI Mexico Investable Market

    $ 500   

ProShares Ultra Russell3000

    $ 3,500   

ProShares UltraShort Russell3000

    $ 500   

ProShares Credit Suisse 130/30

    $ 1,875   

ProShares UltraPro S&P500®

    $ 1,500   

ProShares UltraPro Short S&P500®

    $ 250   

ProShares Short 7-10 Year Treasury

    $ 250   

ProShares Short 20+ Year Treasury

    $ 250   

ProShares Ultra 7-10 Year Treasury

    $ 250   

ProShares Ultra 20+ Year Treasury

    $ 250   

ProShares UltraPro Dow30

    $ 325   

ProShares UltraPro MidCap400

    $ 1,250   

ProShares UltraPro Russell2000

    $ 3,500   

ProShares UltraPro QQQ

    $ 500   

ProShares UltraPro Short Dow30

    $ 250   

ProShares UltraPro Short MidCap400

    $ 250   

ProShares UltraPro Short Russell2000

    $ 250   

ProShares UltraPro Short QQQ

    $ 250   

ProShares Short Basic Materials

    $ 500   

ProShares Short Real Estate

    $ 500   

ProShares Short FTSE/Xinhua China 25

    $ 500   

ProShares Ultra Nasdaq Biotechnology

    $ 625   

 

10

ProShares UltraShort Nasdaq Biotechnology

    $ 500   

ProShares Ultra KBW Regional Banking

    $ 500   

ProShares Short KBW Regional Banking

    $ 500   

ProShares Ultra MSCI Europe

    $ 500 ** 

ProShares Ultra MSCI Pacific ex-Japan

    $ 500 ** 

ProShares Ultra MSCI Brazil

    $ 500 ** 

ProShares Ultra MSCI Mexico Investable Market

    $ 500 ** 

ProShares RAFI Long/Short

    $ 500   

Additional Transaction Fees.

An additional charge of up to three (3) times the normal creation redemption fee (for a total charge of up to four (4) times the normal creation redemption fee) will be collected with respect to transactions effected by Authorized Participants outside the Clearing Process.

 

PROSHARES TRUST
/s/ Amy R. Doberman
Name:   Amy R. Doberman
Title:   Secretary

 

JPMORGAN CHASE BANK, N.A.
/s/ Ellen E. Crane
Name:   Ellen E. Crane
Title:   Executive Director

 

* For any creation unit purchases or redemptions made when the Fund is invested in financial instruments and cash only.
** For any creation unit purchases or redemptions made when the Fund is invested in American Depository Receipts in addition to any financial instruments and cash.
*** For any creation unit purchases or redemptions made when the Fund is invested in local international equities or American Depository Receipts in addition to any financial instruments and cash.

With respect to any change from * to ** or ***, the express written approval of the Custodian is required

 

11

Exhibit (g)(1)(d)(ii)

EXHIBIT 1

To Domestic Custody Agreement Between JPMorgan Chase Bank, N.A. (“Bank”)

And Proshares Trust (“Proshares”), dated as of May 25, 2006 (the “Agreement”), as

amended from time to time, and as amended by

AMENDMENT #18 dated as of January 6, 2011 to the

The following are the lists of funds and corresponding fee schedules for which Bank shall provide services in accordance with the Agreement. This Exhibit replaces in its entirety Exhibit 1 and the corresponding fee schedules of the Agreement. Except as amended hereby, all other terms and conditions of the Agreement remain unchanged and the Agreement shall remain in full force and effect.

PROSHARES TRUST PORTFOLIOS

THAT ARE PARTIES TO THIS CUSTODY AGREEMENT

 

1.    ProShares Short S&P500
2.    ProShares Short QQQ
3.    ProShares Short Dow30
4.    ProShares Short MidCap400
5.    ProShares UltraShort S&P500
6.    ProShares UltraShort QQQ
7.    ProShares UltraShort Dow30
8.    ProShares UltraShort MidCap400
9.    ProShares Ultra S&P500
10.    ProShares Ultra QQQ
11.    ProShares Ultra Dow30
12.    ProShares Ultra MidCap400
13.    ProShares Ultra SmallCap600
14.    ProShares Ultra Russell2000
15.    ProShares Short SmallCap600
16.    ProShares Short Russell2000
17.    ProShares UltraShort SmallCap600
18.    ProShares UltraShort Russell2000
19.    ProShares Ultra Basic Materials
20.    ProShares Ultra Consumer Goods
21.    ProShares Ultra Consumer Services
22.    ProShares Ultra Financials

23.    ProShares Ultra Health Care
24.    ProShares Ultra Industrials
25.    ProShares Ultra Oil & Gas
26.    ProShares Ultra Real Estate
27.    ProShares Ultra Semiconductors
28.    ProShares Ultra Technology
29.    ProShares Ultra Utilities
30.    ProShares UltraShort Basic Materials
31.    ProShares UltraShort Consumer Goods
32.    ProShares UltraShort Consumer Services
33.    ProShares UltraShort Financials
34.    ProShares UltraShort Health Care
35.    ProShares UltraShort Industrials
36.    ProShares UltraShort Oil & Gas
37.    ProShares UltraShort Real Estate
38.    ProShares UltraShort Semiconductors
39.    ProShares UltraShort Technology
40.    ProShares UltraShort Utilities
41.    ProShares Ultra Russell1000 Value
42.    ProShares Ultra Russell1000 Growth
43.    ProShares Ultra Russell MidCap Value
44.    ProShares Ultra Russell MidCap Growth
45.    ProShares Ultra Russell2000 Value
46.    ProShares Ultra Russell2000 Growth
47.    ProShares UltraShort Russell1000 Value
48.    ProShares UltraShort Russell1000 Growth
49.    ProShares UltraShort Russell MidCap Value
50.    ProShares UltraShort Russell MidCap Growth
51.    ProShares UltraShort Russell2000 Value
52.    ProShares UltraShort Russell2000 Growth
53.    ProShares Short MSCI Emerging Markets
54.    ProShares Short MSCI EAFE
55.    ProShares UltraShort MSCI Emerging Markets
56.    ProShares UltraShort MSCI Japan
57.    ProShares UltraShort MSCI EAFE
58.    ProShares UltraShort FTSE China 25
59.    ProShares UltraShort 7-10 Year Treasury
60.    ProShares UltraShort 20+ Year Treasury
61.    ProShares Ultra FTSE China 25
62.    ProShares Ultra MSCI Japan
63.    ProShares Ultra Telecommunications
64.    ProShares UltraShort Telecommunications
65.    ProShares Short Financials
66.    ProShares Short Oil & Gas

 

2

67.    ProShares Ultra MSCI EAFE
68.    ProShares Ultra MSCI Emerging Markets
69.    ProShares Ultra Russell3000
70.    ProShares UltraShort MSCI Europe
71.    ProShares UltraShort MSCI Pacific ex-Japan
72.    ProShares UltraShort MSCI Brazil
73.    ProShares UltraShort MSCI Mexico Investable Market
74.    ProShares UltraShort Russell3000
75.    ProShares Credit Suisse 130/30
76.    ProShares UltraPro S&P500
77.    ProShares UltraPro Short S&P500
78.    ProShares Short 20+ Year Treasury
79.    ProShares Ultra 7-10 Year Treasury
80.    ProShares Ultra 20+ Year Treasury
81.    ProShares UltraPro Dow30
82.    ProShares UltraPro MidCap400
83.    ProShares UltraPro Russell2000
84.    ProShares UltraPro QQQ
85.    ProShares UltraPro Short Dow30
86.    ProShares UltraPro Short MidCap400
87.    ProShares UltraPro Short Russell2000
88.    ProShares UltraPro Short QQQ
89.    ProShares Short Basic Materials
90.    ProShares Short Real Estate
91.    ProShares Short FTSE China 25
92.    ProShares Ultra Nasdaq Biotechnology
93.    ProShares UltraShort Nasdaq Biotechnology
94.    ProShares Ultra KBW Regional Banking
95.    ProShares Short KBW Regional Banking
96.    ProShares Ultra MSCI Europe
97.    ProShares Ultra MSCI Pacific ex-Japan
98.    ProShares Ultra MSCI Brazil
99.    ProShares Ultra MSCI Mexico Investable Market
100.    ProShares RAFI Long/Short
101.    ProShares Hedge Replication ETF
102.    ProShares Ultra TIPS
103.    ProShares UltraShort TIPS

 

3

SCHEDULE A

PROSHARES TRUST

FEE SCHEDULE

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

from

JPMORGAN CHASE BANK, N.A.

 

A. Global Custody Core Service Fees

 

Market Value Fees    Annual Fee  

All domestic assets

   

First $2 billion

      2.50 bp   

Over $2 billion

      1.00 bp   
U.S. Market Transaction Charges    Per Transaction  

DTC non-Russell index funds

    $ 5.00   

DTC Russell index funds

    $ 3.50   

Fed Book Entry

    $ 5.00   

Physical Transactions

    $ 12.00   

Futures/Options

    $ 12.00   

Wire Transfers

    $ 8.00   

 

B. Out-of-Pocket Fees (Custody Only)

The Trust shall reimburse JPMorgan for all reasonable out-of-pocket expenses incurred on its behalf.

 

4

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

 

C. Global Fee Schedule

Global Custody Core Service Fees

Asset charges (per annum) and Transaction charges (per security movement). These global custody fees are all the fees contemplated in Section 4.1 of the Global Custody Rider to this agreement.

 

Country of Investment

    Holdings
(basis points)		      Transactions
(U.S. Dollars)		                 

Country of Investment

    Holdings
(basis points)		      Transactions
(U.S. Dollars)		  

Argentina

      20.00         45.00         

Jordan

      35.00         75.00   

Australia

      2.00         20.00         

Korea

      10.00         35.00   

Austria

      2.50         35.00         

Malaysia

      8.00         35.00   

Belgium

      2.50         25.00         

Mexico

      8.00         25.00   

Brazil

      12.00         45.00         

Morocco

      35.00         75.00   

Chile

      20.00         45.00         

Netherlands

      2.00         20.00   

China

      20.00         45.00         

New Zealand

      3.00         35.00   

Colombia

      25.00         75.00         

Norway

      2.00         35.00   

Czech Republic

      17.00         45.00         

Pakistan

      35.00         75.00   

Denmark

      2.00         25.00         

Peru

      25.00         75.00   

Egypt

      25.00         50.00         

Philippines

      8.00         35.00   

Finland

      2.00         25.00         

Poland

      17.00         45.00   

France

      1.75         20.00         

Portugal

      4.00         35.00   

Germany

      1.75         20.00         

Russia

      17.00         45.00   

Greece

      8.00         25.00         

Singapore

      4.00         35.00   

Hong Kong

      3.00         35.00         

South Africa

      8.00         35.00   

Hungary

      17.00         45.00         

Spain

      2.50         35.00   

India

      10.00         45.00         

Sweden

      2.00         25.00   

Indonesia

      8.00         35.00         

Switzerland

      2.00         20.00   

Ireland

      2.00         35.00         

Taiwan

      15.00         45.00   

Israel

      15.00         45.00         

Thailand

      8.00         35.00   

Italy

      2.00         20.00         

Turkey

      10.00         35.00   

Japan

      1.25         20.00         

United Kingdom

      1.00         15.00   

 

5

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

 

D. Agency Services

JPMorgan shall be entitled to receive transaction fees from Authorized Participants (APs) according to the following schedule.

Fixed fee schedule charged to create or redeem Creation Units regardless of number of units redeemed or created for an order:

 

ProShares Ultra S&P500®

    $ 2,500   

ProShares Short S&P500®

    $ 500   

ProShares UltraShort S&P500®

    $ 500   

ProShares Ultra QQQ®

    $ 500   

ProShares Short QQQ®

    $ 500   

ProShares UltraShort QQQ®

    $ 500   

ProShares Ultra Dow30SM

    $ 500   

ProShares Short Dow30SM

    $ 500   

ProShares UltraShort Dow30SM

    $ 500   

ProShares Ultra MidCap400

    $ 2,000   

ProShares Short MidCap400

    $ 500   

ProShares UltraShort MidCap400

    $ 500   

ProShares Ultra Russell2000

    $ 3,500   

ProShares Short Russell2000

    $ 500   

ProShares UltraShort Russell2000

    $ 500   

ProShares Ultra SmallCap600

    $ 3,000   

ProShares Short SmallCap600

    $ 500   

ProShares UltraShort SmallCap600

    $ 500   

 

6

ProShares Ultra Russell1000 Value

    $ 3,055   

ProShares Short Russell1000 Value

    $ 500   

ProShares UltraShort Russell1000 Value

    $ 500   

ProShares Ultra Russell1000 Growth

    $ 3,415   

ProShares Short Russell1000 Growth

    $ 500   

ProShares UltraShort Russell1000 Growth

    $ 500   

ProShares Ultra Russell MidCap Value

    $ 2,405   

ProShares Short Russell MidCap Value

    $ 500   

ProShares UltraShort Russell MidCap Value

    $ 500   

ProShares Ultra Russell MidCap Growth

    $ 2,695   

ProShares Short Russell MidCap Growth

    $ 500   

ProShares UltraShort Russell MidCap Growth

    $ 500   

ProShares Ultra Russell2000 Value

    $ 3,500   

ProShares Short Russell2000 Value

    $ 500   

ProShares UltraShort Russell2000 Value

    $ 500   

ProShares Ultra Russell2000 Growth

    $ 3,500   

ProShares Short Russell2000 Growth

    $ 500   

ProShares UltraShort Russell2000 Growth

    $ 500   

ProShares Ultra Basic Materials

    $ 500   

ProShares Short Basic Materials

    $ 500   

ProShares UltraShort Basic Materials

    $ 500   

ProShares Ultra Consumer Goods

    $ 755   

ProShares Short Consumer Goods

    $ 500   

ProShares UltraShort Consumer Goods

    $ 500   

ProShares Ultra Consumer Services

    $ 1,265   

 

7

ProShares Short Consumer Services

    $ 500   

ProShares UltraShort Consumer Services

    $ 500   

ProShares Ultra Financials

    $ 1,555   

ProShares Short Financials

    $ 500   

ProShares UltraShort Financials

    $ 500   

ProShares Ultra Health Care

    $ 800   

ProShares Short Health Care

    $ 500   

ProShares UltraShort Health Care

    $ 500   

ProShares Ultra Industrials

    $ 1,355   

ProShares Short Industrials

    $ 500   

ProShares UltraShort Industrials

    $ 500   

ProShares Ultra Oil & Gas

    $ 500   

ProShares Short Oil & Gas

    $ 500   

ProShares UltraShort Oil & Gas

    $ 500   

ProShares Ultra Real Estate

    $ 500   

ProShares Short Real Estate

    $ 500   

ProShares UltraShort Real Estate

    $ 500   

ProShares Ultra Semiconductors

    $ 500   

ProShares Short Semiconductors

    $ 500   

ProShares UltraShort Semiconductors

    $ 500   

ProShares Ultra Technology

    $ 1,105   

ProShares Short Technology

    $ 500   

ProShares UltraShort Technology

    $ 500   

ProShares Ultra Utilities

    $ 500   

ProShares Short Utilities

    $ 500   

 

8

ProShares UltraShort Utilities

    $ 500   

ProShares Short MSCI Emerging Markets

    $ 500   

ProShares Short MSCI EAFE

    $ 500   

ProShares UltraShort MSCI Emerging Markets

    $ 500   

ProShares UltraShort MSCI Japan

    $ 500   

ProShares UltraShort MSCI EAFE

    $ 500   

ProShares UltraShort FTSE China 25

    $ 500   

ProShares UltraShort 7-10 Year Treasury

    $ 500   

ProShares UltraShort 20+ Year Treasury

    $ 500   

ProShares Ultra FTSE China 25

    $ 500 * 

ProShares Ultra FTSE China 25

    $ 875 *** 

ProShares Ultra MSCI Japan

    $ 500 * 

ProShares Ultra MSCI Japan

    $ 5,000 *** 

ProShares Ultra Telecommunications

    $ 500   

ProShares UltraShort Telecommunications

    $ 500   

ProShares Ultra MSCI EAFE

    $ 500 * 

ProShares Ultra MSCI EAFE

    $ 1,250 *** 

ProShares Ultra MSCI Emerging Markets

    $ 500 * 

ProShares Ultra MSCI Emerging Markets

    $ 1,250 *** 

ProShares UltraShort MSCI Europe

    $ 500   

 

* For any creation unit purchases or redemptions made when the Fund is invested in financial instruments and cash only.
** For any creation unit purchases or redemptions made when the Fund is invested in American Depositary Receipts in addition to any financial instruments and cash.
*** For any creation unit purchases or redemptions made when the Fund is invested in local international equities or American Depositary Receipts in addition to any financial instruments and cash.

With respect to any change from * to ** or ***, the express written approval of the Bank is required.

 

9

ProShares UltraShort MSCI Pacific ex-Japan

    $ 500   

ProShares UltraShort MSCI Brazil

    $ 500   

ProShares UltraShort MSCI Mexico Investable Market

    $ 500   

ProShares Ultra Russell3000

    $ 3,500   

ProShares UltraShort Russell3000

    $ 500   

ProShares Credit Suisse 130/30

    $ 1,875   

ProShares UltraPro S&P500®

    $ 1,500   

ProShares UltraPro Short S&P500®

    $ 250   

ProShares Short 7-10 Year Treasury

    $ 250   

ProShares Short 20+ Year Treasury

    $ 250   

ProShares Ultra 7-10 Year Treasury

    $ 250   

ProShares Ultra 20+ Year Treasury

    $ 250   

ProShares UltraPro Dow30

    $ 325   

ProShares UltraPro MidCap400

    $ 1,250   

ProShares UltraPro Russell2000

    $ 3,500   

ProShares UltraPro QQQ

    $ 500   

ProShares UltraPro Short Dow30

    $ 250   

ProShares UltraPro Short MidCap400

    $ 250   

ProShares UltraPro Short Russell2000

    $ 250   

ProShares UltraPro Short QQQ

    $ 250   

ProShares Short Basic Materials

    $ 500   

ProShares Short Real Estate

    $ 500   

ProShares Short FTSE China 25

    $ 500   

ProShares Ultra Nasdaq Biotechnology

    $ 625   

 

10

ProShares UltraShort Nasdaq Biotechnology

    $ 500   

ProShares Ultra KBW Regional Banking

    $ 500   

ProShares Short KBW Regional Banking

    $ 500   

ProShares Ultra MSCI Europe

    $ 500 ** 

ProShares Ultra MSCI Pacific ex-Japan

    $ 500 ** 

ProShares Ultra MSCI Brazil

    $ 500 ** 

ProShares Ultra MSCI Mexico Investable Market

    $ 500 ** 

ProShares RAFI Long/Short

    $ 500   

ProShares Hedge Replication ETF

    $ 500 * 

ProShares Ultra TIPS

    $ 250   

ProShares UltraShort TIPS

    $ 250   

Additional Transaction Fees.

An additional charge of up to three (3) times the normal creation redemption fee (for a total charge of up to four (4) times the normal creation redemption fee) will be collected with respect to transactions effected by Authorized Participants outside the Clearing Process.

 

* For any creation unit purchases or redemptions made when the Fund is invested in financial instruments and cash only.
** For any creation unit purchases or redemptions made when the Fund is invested in American Depositary Receipts in addition to any financial instruments and cash.
*** For any creation unit purchases or redemptions made when the Fund is invested in local international equities or American Depositary Receipts in addition to any financial instruments and cash.

With respect to any change from * to ** or ***, the express written approval of the Bank is required

 

11

PROSHARES TRUST
/s/ Louis M. Mayberg
Name: Louis M. Mayberg
Title: President

 

JPMORGAN CHASE BANK, N.A.
/s/ Ellen E. Crane
Name: Ellen E. Crane
Title: Executive Director

 

12

Exhibit (g)(1)(d)(iii)

EXHIBIT 1

To Domestic Custody Agreement Between JPMorgan Chase Bank, N.A. (“Bank”)

And Proshares Trust (“Proshares”), dated as of May 25, 2006 (the “Agreement”), as

amended from time to time, and as amended by

AMENDMENT #19 dated as of March 14, 2011 to the

The following are the lists of funds and corresponding fee schedules for which Bank shall provide services in accordance with the Agreement. This Exhibit replaces in its entirety Exhibit 1 and the corresponding fee schedules of the Agreement. Except as amended hereby, all other terms and conditions of the Agreement remain unchanged and the Agreement shall remain in full force and effect.

PROSHARES TRUST PORTFOLIOS

THAT ARE PARTIES TO THIS CUSTODY AGREEMENT

 

1.    ProShares Short S&P500
2.    ProShares Short QQQ
3.    ProShares Short Dow30
4.    ProShares Short MidCap400
5.    ProShares UltraShort S&P500
6.    ProShares UltraShort QQQ
7.    ProShares UltraShort Dow30
8.    ProShares UltraShort MidCap400
9.    ProShares Ultra S&P500
10.    ProShares Ultra QQQ
11.    ProShares Ultra Dow30
12.    ProShares Ultra MidCap400
13.    ProShares Ultra SmallCap600
14.    ProShares Ultra Russell2000
15.    ProShares Short SmallCap600
16.    ProShares Short Russell2000
17.    ProShares UltraShort SmallCap600
18.    ProShares UltraShort Russell2000
19.    ProShares Ultra Basic Materials
20.    ProShares Ultra Consumer Goods
21.    ProShares Ultra Consumer Services
22.    ProShares Ultra Financials

23.    ProShares Ultra Health Care
24.    ProShares Ultra Industrials
25.    ProShares Ultra Oil & Gas
26.    ProShares Ultra Real Estate
27.    ProShares Ultra Semiconductors
28.    ProShares Ultra Technology
29.    ProShares Ultra Utilities
30.    ProShares UltraShort Basic Materials
31.    ProShares UltraShort Consumer Goods
32.    ProShares UltraShort Consumer Services
33.    ProShares UltraShort Financials
34.    ProShares UltraShort Health Care
35.    ProShares UltraShort Industrials
36.    ProShares UltraShort Oil & Gas
37.    ProShares UltraShort Real Estate
38.    ProShares UltraShort Semiconductors
39.    ProShares UltraShort Technology
40.    ProShares UltraShort Utilities
41.    ProShares Ultra Russell1000 Value
42.    ProShares Ultra Russell1000 Growth
43.    ProShares Ultra Russell MidCap Value
44.    ProShares Ultra Russell MidCap Growth
45.    ProShares Ultra Russell2000 Value
46.    ProShares Ultra Russell2000 Growth
47.    ProShares UltraShort Russell1000 Value
48.    ProShares UltraShort Russell1000 Growth
49.    ProShares UltraShort Russell MidCap Value
50.    ProShares UltraShort Russell MidCap Growth
51.    ProShares UltraShort Russell2000 Value
52.    ProShares UltraShort Russell2000 Growth
53.    ProShares Short MSCI Emerging Markets
54.    ProShares Short MSCI EAFE
55.    ProShares UltraShort MSCI Emerging Markets
56.    ProShares UltraShort MSCI Japan
57.    ProShares UltraShort MSCI EAFE
58.    ProShares UltraShort FTSE China 25
59.    ProShares UltraShort 7-10 Year Treasury
60.    ProShares UltraShort 20+ Year Treasury
61.    ProShares Ultra FTSE China 25
62.    ProShares Ultra MSCI Japan
63.    ProShares Ultra Telecommunications
64.    ProShares UltraShort Telecommunications
65.    ProShares Short Financials
66.    ProShares Short Oil & Gas

 

2

67.    ProShares Ultra MSCI EAFE
68.    ProShares Ultra MSCI Emerging Markets
69.    ProShares Ultra Russell3000
70.    ProShares UltraShort MSCI Europe
71.    ProShares UltraShort MSCI Pacific ex-Japan
72.    ProShares UltraShort MSCI Brazil
73.    ProShares UltraShort MSCI Mexico Investable Market
74.    ProShares UltraShort Russell3000
75.    ProShares Credit Suisse 130/30
76.    ProShares UltraPro S&P500
77.    ProShares UltraPro Short S&P500
78.    ProShares Short 20+ Year Treasury
79.    ProShares Ultra 7-10 Year Treasury
80.    ProShares Ultra 20+ Year Treasury
81.    ProShares UltraPro Dow30
82.    ProShares UltraPro MidCap400
83.    ProShares UltraPro Russell2000
84.    ProShares UltraPro QQQ
85.    ProShares UltraPro Short Dow30
86.    ProShares UltraPro Short MidCap400
87.    ProShares UltraPro Short Russell2000
88.    ProShares UltraPro Short QQQ
89.    ProShares Short Basic Materials
90.    ProShares Short Real Estate
91.    ProShares Short FTSE China 25
92.    ProShares Ultra Nasdaq Biotechnology
93.    ProShares UltraShort Nasdaq Biotechnology
94.    ProShares Ultra KBW Regional Banking
95.    ProShares Short KBW Regional Banking
96.    ProShares Ultra MSCI Europe
97.    ProShares Ultra MSCI Pacific ex-Japan
98.    ProShares Ultra MSCI Brazil
99.    ProShares Ultra MSCI Mexico Investable Market
100.    ProShares RAFI Long/Short
101.    ProShares Hedge Replication ETF
102.    ProShares Ultra TIPS
103.    ProShares UltraShort TIPS

 

3

104.    ProShares Short High Yield
105.    ProShares Short Investment Grade Corporate
106.    ProShares Ultra Short 3-7 Year Treasury
107.    ProShares Short 7-10 Year Treasury

 

4

SCHEDULE A

PROSHARES TRUST

FEE SCHEDULE

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

from

JPMORGAN CHASE BANK, N.A.

 

A. Global Custody Core Service Fees

 

Market Value Fees    Annual Fee  

All domestic assets

   

First $2 billion

      2.50 bp   

Over $2 billion

      1.00 bp   
U.S. Market Transaction Charges    Per Transaction  

DTC non-Russell index funds

    $ 5.00   

DTC Russell index funds

    $ 3.50   

Fed Book Entry

    $ 5.00   

Physical Transactions

    $ 12.00   

Futures/Options

    $ 12.00   

Wire Transfers

    $ 8.00   

 

B. Out-of-Pocket Fees (Custody Only)

The Trust shall reimburse JPMorgan for all reasonable out-of-pocket expenses incurred on its behalf.

 

5

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

 

C. Global Fee Schedule

Global Custody Core Service Fees

Asset charges (per annum) and Transaction charges (per security movement). These global custody fees are all the fees contemplated in Section 4.1 of the Global Custody Rider to this agreement.

 

Country of
Investment

    Holdings
(basis points)		      Transactions
(U.S. Dollars)		                 

Country of
Investment

    Holdings
(basis points)		      Transactions
(U.S. Dollars)		  

Argentina

      20.00         45.00         

Jordan

      35.00         75.00   

Australia

      2.00         20.00         

Korea

      10.00         35.00   

Austria

      2.50         35.00         

Malaysia

      8.00         35.00   

Belgium

      2.50         25.00         

Mexico

      8.00         25.00   

Brazil

      12.00         45.00         

Morocco

      35.00         75.00   

Chile

      20.00         45.00         

Netherlands

      2.00         20.00   

China

      20.00         45.00         

New Zealand

      3.00         35.00   

Colombia

      25.00         75.00         

Norway

      2.00         35.00   

Czech Republic

      17.00         45.00         

Pakistan

      35.00         75.00   

Denmark

      2.00         25.00         

Peru

      25.00         75.00   

Egypt

      25.00         50.00         

Philippines

      8.00         35.00   

Finland

      2.00         25.00         

Poland

      17.00         45.00   

France

      1.75         20.00         

Portugal

      4.00         35.00   

Germany

      1.75         20.00         

Russia

      17.00         45.00   

Greece

      8.00         25.00         

Singapore

      4.00         35.00   

Hong Kong

      3.00         35.00         

South Africa

      8.00         35.00   

Hungary

      17.00         45.00         

Spain

      2.50         35.00   

India

      10.00         45.00         

Sweden

      2.00         25.00   

Indonesia

      8.00         35.00         

Switzerland

      2.00         20.00   

Ireland

      2.00         35.00         

Taiwan

      15.00         45.00   

Israel

      15.00         45.00         

Thailand

      8.00         35.00   

Italy

      2.00         20.00         

Turkey

      10.00         35.00   

Japan

      1.25         20.00         

United Kingdom

      1.00         15.00   

 

6

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

 

D. Agency Services

JPMorgan shall be entitled to receive transaction fees from Authorized Participants (APs) according to the following schedule.

Fixed fee schedule charged to create or redeem Creation Units regardless of number of units redeemed or created for an order:

 

ProShares Ultra S&P500®

    $ 2,500   

ProShares Short S&P500®

    $ 500   

ProShares UltraShort S&P500®

    $ 500   

ProShares Ultra QQQ®

    $ 500   

ProShares Short QQQ®

    $ 500   

ProShares UltraShort QQQ®

    $ 500   

ProShares Ultra Dow30SM

    $ 500   

ProShares Short Dow30SM

    $ 500   

ProShares UltraShort Dow30SM

    $ 500   

ProShares Ultra MidCap400

    $ 2,000   

ProShares Short MidCap400

    $ 500   

ProShares UltraShort MidCap400

    $ 500   

ProShares Ultra Russell2000

    $ 3,500   

ProShares Short Russell2000

    $ 500   

ProShares UltraShort Russell2000

    $ 500   

ProShares Ultra SmallCap600

    $ 3,000   

ProShares Short SmallCap600

    $ 500   

ProShares UltraShort SmallCap600

    $ 500   

 

7

ProShares Ultra Russell1000 Value

    $ 3,055   

ProShares Short Russell1000 Value

    $ 500   

ProShares UltraShort Russell1000 Value

    $ 500   

ProShares Ultra Russell1000 Growth

    $ 3,415   

ProShares Short Russell1000 Growth

    $ 500   

ProShares UltraShort Russell1000 Growth

    $ 500   

ProShares Ultra Russell MidCap Value

    $ 2,405   

ProShares Short Russell MidCap Value

    $ 500   

ProShares UltraShort Russell MidCap Value

    $ 500   

ProShares Ultra Russell MidCap Growth

    $ 2,695   

ProShares Short Russell MidCap Growth

    $ 500   

ProShares UltraShort Russell MidCap Growth

    $ 500   

ProShares Ultra Russell2000 Value

    $ 3,500   

ProShares Short Russell2000 Value

    $ 500   

ProShares UltraShort Russell2000 Value

    $ 500   

ProShares Ultra Russell2000 Growth

    $ 3,500   

ProShares Short Russell2000 Growth

    $ 500   

ProShares UltraShort Russell2000 Growth

    $ 500   

ProShares Ultra Basic Materials

    $ 500   

ProShares Short Basic Materials

    $ 500   

ProShares UltraShort Basic Materials

    $ 500   

ProShares Ultra Consumer Goods

    $ 755   

ProShares Short Consumer Goods

    $ 500   

ProShares UltraShort Consumer Goods

    $ 500   

ProShares Ultra Consumer Services

    $ 1,265   

 

8

ProShares Short Consumer Services

    $ 500   

ProShares UltraShort Consumer Services

    $ 500   

ProShares Ultra Financials

    $ 625   

ProShares Short Financials

    $ 250   

ProShares UltraShort Financials

    $ 500   

ProShares Ultra Health Care

    $ 800   

ProShares Short Health Care

    $ 500   

ProShares UltraShort Health Care

    $ 500   

ProShares Ultra Industrials

    $ 1,355   

ProShares Short Industrials

    $ 500   

ProShares UltraShort Industrials

    $ 500   

ProShares Ultra Oil & Gas

    $ 250   

ProShares Short Oil & Gas

    $ 500   

ProShares UltraShort Oil & Gas

    $ 250   

ProShares Ultra Real Estate

    $ 250   

ProShares Short Real Estate

    $ 500   

ProShares UltraShort Real Estate

    $ 250   

ProShares Ultra Semiconductors

    $ 250   

ProShares Short Semiconductors

    $ 500   

ProShares UltraShort Semiconductors

    $ 250   

ProShares Ultra Technology

    $ 500   

ProShares Short Technology

    $ 500   

ProShares UltraShort Technology

    $ 250   

ProShares Ultra Utilities

    $ 500   

ProShares Short Utilities

    $ 500   

 

9

ProShares UltraShort Utilities

    $ 500   

ProShares Short MSCI Emerging Markets

    $ 500   

ProShares Short MSCI EAFE

    $ 500   

ProShares UltraShort MSCI Emerging Markets

    $ 250   

ProShares UltraShort MSCI Japan

    $ 500   

ProShares UltraShort MSCI EAFE

    $ 250   

ProShares UltraShort FTSE China 25

    $ 250   

ProShares UltraShort 7-10 Year Treasury

    $ 500   

ProShares UltraShort 20+ Year Treasury

    $ 500   

ProShares Ultra FTSE China 25

    $ 250 * 

ProShares Ultra FTSE China 25

    $ 875 *** 

ProShares Ultra MSCI Japan

    $ 500 * 

ProShares Ultra MSCI Japan

    $ 5,000 *** 

ProShares Ultra Telecommunications

    $ 500   

ProShares UltraShort Telecommunications

    $ 500   

ProShares Ultra MSCI EAFE

    $ 500 * 

ProShares Ultra MSCI EAFE

    $ 1,250 *** 

ProShares Ultra MSCI Emerging Markets

    $ 500 * 

ProShares Ultra MSCI Emerging Markets

    $ 1,250 *** 

ProShares UltraShort MSCI Europe

    $ 500   

 

* For any creation unit purchases or redemptions made when the Fund is invested in financial instruments and cash only.
** For any creation unit purchases or redemptions made when the Fund is invested in American Depositary Receipts in addition to any financial instruments and cash.
*** For any creation unit purchases or redemptions made when the Fund is invested in local international equities or American Depositary Receipts in addition to any financial instruments and cash.

With respect to any change from * to ** or ***, the express written approval of the Bank is required.

 

10

ProShares UltraShort MSCI Pacific ex-Japan

    $ 500   

ProShares UltraShort MSCI Brazil

    $ 250   

ProShares UltraShort MSCI Mexico Investable Market

    $ 250   

ProShares Ultra Russell3000

    $ 3,500   

ProShares UltraShort Russell3000

    $ 500   

ProShares Credit Suisse 130/30

    $ 500   

ProShares UltraPro S&P500®

    $ 1,250   

ProShares UltraPro Short S&P500®

    $ 250   

ProShares Short 7-10 Year Treasury

    $ 250   

ProShares Short 20+ Year Treasury

    $ 250   

ProShares Ultra 7-10 Year Treasury

    $ 250   

ProShares Ultra 20+ Year Treasury

    $ 250   

ProShares UltraPro Dow30

    $ 325   

ProShares UltraPro MidCap400

    $ 1,250   

ProShares UltraPro Russell2000

    $ 1750   

ProShares UltraPro QQQ

    $ 500   

ProShares UltraPro Short Dow30

    $ 250   

ProShares UltraPro Short MidCap400

    $ 250   

ProShares UltraPro Short Russell2000

    $ 250   

ProShares UltraPro Short QQQ

    $ 250   

ProShares Short Basic Materials

    $ 500   

ProShares Short Real Estate

    $ 500   

ProShares Short FTSE China 25

    $ 500   

ProShares Ultra Nasdaq Biotechnology

    $ 625   

 

11

ProShares UltraShort Nasdaq Biotechnology

    $ 500   

ProShares Ultra KBW Regional Banking

    $ 500   

ProShares Short KBW Regional Banking

    $ 500   

ProShares Ultra MSCI Europe

    $ 500 ** 

ProShares Ultra MSCI Pacific ex-Japan

    $ 500 ** 

ProShares Ultra MSCI Brazil

    $ 250 ** 

ProShares Ultra MSCI Mexico Investable Market

    $ 250 ** 

ProShares RAFI Long/Short

    $ 500   

ProShares Hedge Replication ETF

    $ 500 * 

ProShares Ultra TIPS

    $ 250   

ProShares UltraShort TIPS

    $ 250   

ProShares Short High Yield

    $ 250   

ProShares Short Investment Grade Corporate

    $ 250   

ProShares UltraShort 3-7 Year Treasury

    $ 250   

ProShares Short 7-10 Year Treasury

    $ 250   

 

* For any creation unit purchases or redemptions made when the Fund is invested in financial instruments and cash only.
** For any creation unit purchases or redemptions made when the Fund is invested in American Depositary Receipts in addition to any financial instruments and cash.
*** For any creation unit purchases or redemptions made when the Fund is invested in local international equities or American Depositary Receipts in addition to any financial instruments and cash.

With respect to any change from * to ** or ***, the express written approval of the Bank is required

 

12

Additional Transaction Fees.

An additional charge of up to three (3) times the normal creation redemption fee (for a total charge of up to four (4) times the normal creation redemption fee) will be collected with respect to transactions effected by Authorized Participants outside the Clearing Process.

 

PROSHARES TRUST
/s/ Louis M. Mayberg
Name: Louis M. Mayberg
Title: President

 

JPMORGAN CHASE BANK, N.A.
/s/ Ellen E. Crane
Name: Ellen E. Crane
Title: Executive Director

 

13

Exhibit (g)(1)(d)(iv)

EXHIBIT 1

To Domestic Custody Agreement Between JPMorgan Chase Bank, N.A. (“Bank”)

And Proshares Trust (“Proshares”), dated as of May 25, 2006 (the “Agreement”), as

amended from time to time, and as amended by

AMENDMENT #20 dated as of April 7, 2011 to the

The following are the lists of funds and corresponding fee schedules for which Bank shall provide services in accordance with the Agreement. This Exhibit replaces in its entirety Exhibit 1 and the corresponding fee schedules of the Agreement. Except as amended hereby, all other terms and conditions of the Agreement remain unchanged and the Agreement shall remain in full force and effect.

PROSHARES TRUST PORTFOLIOS

THAT ARE PARTIES TO THIS CUSTODY AGREEMENT

 

1. ProShares Short S&P500
2. ProShares Short QQQ
3. ProShares Short Dow30
4. ProShares Short MidCap400

 

5. ProShares UltraShort S&P500
6. ProShares UltraShort QQQ
7. ProShares UltraShort Dow30
8. ProShares UltraShort MidCap400

 

9. ProShares Ultra S&P500
10. ProShares Ultra QQQ
11. ProShares Ultra Dow30
12. ProShares Ultra MidCap400

 

13. ProShares Ultra SmallCap600
14. ProShares Ultra Russell2000

 

15. ProShares Short SmallCap600
16. ProShares Short Russell2000
17. ProShares UltraShort SmallCap600
18. ProShares UltraShort Russell2000

 

19. ProShares Ultra Basic Materials
20. ProShares Ultra Consumer Goods
21. ProShares Ultra Consumer Services
22. ProShares Ultra Financials
23. ProShares Ultra Health Care

 

1

24. ProShares Ultra Industrials
25. ProShares Ultra Oil & Gas
26. ProShares Ultra Real Estate
27. ProShares Ultra Semiconductors
28. ProShares Ultra Technology
29. ProShares Ultra Utilities

 

30. ProShares UltraShort Basic Materials
31. ProShares UltraShort Consumer Goods
32. ProShares UltraShort Consumer Services
33. ProShares UltraShort Financials
34. ProShares UltraShort Health Care
35. ProShares UltraShort Industrials
36. ProShares UltraShort Oil & Gas
37. ProShares UltraShort Real Estate
38. ProShares UltraShort Semiconductors
39. ProShares UltraShort Technology
40. ProShares UltraShort Utilities

 

41. ProShares Ultra Russell1000 Value
42. ProShares Ultra Russell1000 Growth
43. ProShares Ultra Russell MidCap Value
44. ProShares Ultra Russell MidCap Growth
45. ProShares Ultra Russell2000 Value
46. ProShares Ultra Russell2000 Growth
47. ProShares UltraShort Russell1000 Value
48. ProShares UltraShort Russell1000 Growth
49. ProShares UltraShort Russell MidCap Value
50. ProShares UltraShort Russell MidCap Growth
51. ProShares UltraShort Russell2000 Value
52. ProShares UltraShort Russell2000 Growth

 

53. ProShares Short MSCI Emerging Markets
54. ProShares Short MSCI EAFE
55. ProShares UltraShort MSCI Emerging Markets
56. ProShares UltraShort MSCI Japan
57. ProShares UltraShort MSCI EAFE
58. ProShares UltraShort FTSE China 25

 

59. ProShares UltraShort 7-10 Year Treasury
60. ProShares UltraShort 20+ Year Treasury

 

61. ProShares Ultra FTSE China 25
62. ProShares Ultra MSCI Japan

 

63. ProShares Ultra Telecommunications
64. ProShares UltraShort Telecommunications

 

65. ProShares Short Financials
66. ProShares Short Oil & Gas

 

2

67. ProShares Ultra MSCI EAFE
68. ProShares Ultra MSCI Emerging Markets
69. ProShares Ultra Russell3000

 

70. ProShares UltraShort MSCI Europe
71. ProShares UltraShort MSCI Pacific ex-Japan
72. ProShares UltraShort MSCI Brazil

 

73. ProShares UltraShort MSCI Mexico Investable Market
74. ProShares UltraShort Russell3000

 

75. ProShares Credit Suisse 130/30

 

76. ProShares UltraPro S&P500
77. ProShares UltraPro Short S&P500

 

78. ProShares Short 20+ Year Treasury

 

79. ProShares Ultra 7-10 Year Treasury
80. ProShares Ultra 20+ Year Treasury

 

81. ProShares UltraPro Dow30
82. ProShares UltraPro MidCap400
83. ProShares UltraPro Russell2000
84. ProShares UltraPro QQQ
85. ProShares UltraPro Short Dow30
86. ProShares UltraPro Short MidCap400
87. ProShares UltraPro Short Russell2000
88. ProShares UltraPro Short QQQ

 

89. ProShares Short Basic Materials
90. ProShares Short Real Estate
91. ProShares Short FTSE China 25
92. ProShares Ultra Nasdaq Biotechnology
93. ProShares UltraShort Nasdaq Biotechnology

 

94. ProShares Ultra KBW Regional Banking
95. ProShares Short KBW Regional Banking

 

96. ProShares Ultra MSCI Europe
97. ProShares Ultra MSCI Pacific ex-Japan
98. ProShares Ultra MSCI Brazil
99. ProShares Ultra MSCI Mexico Investable Market

 

100. ProShares RAFI Long/Short

 

101. ProShares Hedge Replication ETF
102. ProShares Ultra TIPS
103. ProShares UltraShort TIPS

 

3

104. ProShares Short High Yield
105. ProShares Short Investment Grade Corporate
106. ProShares Ultra Short 3-7 Year Treasury
107. ProShares Short 7-10 Year Treasury

 

108. ProShares Ultra High Yield
109. ProShares Ultra Investment Grade Corporate

 

4

SCHEDULE A

PROSHARES TRUST

FEE SCHEDULE

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

from

JPMORGAN CHASE BANK, N.A.

 

A. Global Custody Core Service Fees

 

Market Value Fees

    Annual Fee  

All domestic assets

   

First $2 billion

      2.50 bp   

Over $2 billion

      1.00 bp   

U.S. Market Transaction Charges

    Per Transaction  

DTC non-Russell index funds

    $ 5.00   

DTC Russell index funds

    $ 3.50   

Fed Book Entry

    $ 5.00   

Physical Transactions

    $ 12.00   

Futures/Options

    $ 12.00   

Wire Transfers

    $ 8.00   

 

B. Out-of-Pocket Fees (Custody Only)

The Trust shall reimburse JPMorgan for all reasonable out-of-pocket expenses incurred on its behalf.

 

5

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

 

C. Global Fee Schedule

Global Custody Core Service Fees

Asset charges (per annum) and Transaction charges (per security movement). These global custody fees are all the fees contemplated in Section 4.1 of the Global Custody Rider to this agreement.

 

Country of Investment

    Holdings
(basis points)		      Transactions
(U.S. Dollars)		  

Argentina

      20.00         45.00   

Australia

      2.00         20.00   

Austria

      2.50         35.00   

Belgium

      2.50         25.00   

Brazil

      12.00         45.00   

Chile

      20.00         45.00   

China

      20.00         45.00   

Colombia

      25.00         75.00   

Czech Republic

      17.00         45.00   

Denmark

      2.00         25.00   

Egypt

      25.00         50.00   

Finland

      2.00         25.00   

France

      1.75         20.00   

Germany

      1.75         20.00   

Greece

      8.00         25.00   

Hong Kong

      3.00         35.00   

Hungary

      17.00         45.00   

India

      10.00         45.00   

Indonesia

      8.00         35.00   

Ireland

      2.00         35.00   

Israel

      15.00         45.00   

Italy

      2.00         20.00   

Japan

      1.25         20.00   

Country of Investment

    Holdings
(basis points)		      Transactions
(U.S. Dollars)		  

Jordan

      35.00         75.00   

Korea

      10.00         35.00   

Malaysia

      8.00         35.00   

Mexico

      8.00         25.00   

Morocco

      35.00         75.00   

Netherlands

      2.00         20.00   

New Zealand

      3.00         35.00   

Norway

      2.00         35.00   

Pakistan

      35.00         75.00   

Peru

      25.00         75.00   

Philippines

      8.00         35.00   

Poland

      17.00         45.00   

Portugal

      4.00         35.00   

Russia

      17.00         45.00   

Singapore

      4.00         35.00   

South Africa

      8.00         35.00   

Spain

      2.50         35.00   

Sweden

      2.00         25.00   

Switzerland

      2.00         20.00   

Taiwan

      15.00         45.00   

Thailand

      8.00         35.00   

Turkey

      10.00         35.00   

United Kingdom

      1.00         15.00   
 

 

6

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

 

D. Agency Services

JPMorgan shall be entitled to receive transaction fees from Authorized Participants (APs) according to the following schedule.

Fixed fee schedule charged to create or redeem Creation Units regardless of number of units redeemed or created for an order:

 

ProShares Ultra S&P500®

    $ 2,500   

ProShares Short S&P500®

    $ 500   

ProShares UltraShort S&P500®

    $ 500   

ProShares Ultra QQQ®

    $ 500   

ProShares Short QQQ®

    $ 500   

ProShares UltraShort QQQ®

    $ 500   

ProShares Ultra Dow30SM

    $ 500   

ProShares Short Dow30SM

    $ 500   

ProShares UltraShort Dow30SM

    $ 500   

ProShares Ultra MidCap400

    $ 2,000   

ProShares Short MidCap400

    $ 500   

ProShares UltraShort MidCap400

    $ 500   

ProShares Ultra Russell2000

    $ 3,500   

ProShares Short Russell2000

    $ 500   

ProShares UltraShort Russell2000

    $ 500   

ProShares Ultra SmallCap600

    $ 3,000   

ProShares Short SmallCap600

    $ 500   

ProShares UltraShort SmallCap600

    $ 500   

 

7

ProShares Ultra Russell1000 Value

    $ 3,055   

ProShares Short Russell1000 Value

    $ 500   

ProShares UltraShort Russell1000 Value

    $ 500   

ProShares Ultra Russell1000 Growth

    $ 3,415   

ProShares Short Russell1000 Growth

    $ 500   

ProShares UltraShort Russell1000 Growth

    $ 500   

ProShares Ultra Russell MidCap Value

    $ 2,405   

ProShares Short Russell MidCap Value

    $ 500   

ProShares UltraShort Russell MidCap Value

    $ 500   

ProShares Ultra Russell MidCap Growth

    $ 2,695   

ProShares Short Russell MidCap Growth

    $ 500   

ProShares UltraShort Russell MidCap Growth

    $ 500   

ProShares Ultra Russell2000 Value

    $ 3,500   

ProShares Short Russell2000 Value

    $ 500   

ProShares UltraShort Russell2000 Value

    $ 500   

ProShares Ultra Russell2000 Growth

    $ 3,500   

ProShares Short Russell2000 Growth

    $ 500   

ProShares UltraShort Russell2000 Growth

    $ 500   

ProShares Ultra Basic Materials

    $ 500   

ProShares Short Basic Materials

    $ 500   

ProShares UltraShort Basic Materials

    $ 500   

ProShares Ultra Consumer Goods

    $ 755   

ProShares Short Consumer Goods

    $ 500   

ProShares UltraShort Consumer Goods

    $ 500   

ProShares Ultra Consumer Services

    $ 1,265   

 

8

ProShares Short Consumer Services

    $ 500   

ProShares UltraShort Consumer Services

    $ 500   

ProShares Ultra Financials

    $ 625   

ProShares Short Financials

    $ 250   

ProShares UltraShort Financials

    $ 500   

ProShares Ultra Health Care

    $ 800   

ProShares Short Health Care

    $ 500   

ProShares UltraShort Health Care

    $ 500   

ProShares Ultra Industrials

    $ 1,355   

ProShares Short Industrials

    $ 500   

ProShares UltraShort Industrials

    $ 500   

ProShares Ultra Oil & Gas

    $ 250   

ProShares Short Oil & Gas

    $ 500   

ProShares UltraShort Oil & Gas

    $ 250   

ProShares Ultra Real Estate

    $ 250   

ProShares Short Real Estate

    $ 500   

ProShares UltraShort Real Estate

    $ 250   

ProShares Ultra Semiconductors

    $ 250   

ProShares Short Semiconductors

    $ 500   

ProShares UltraShort Semiconductors

    $ 250   

ProShares Ultra Technology

    $ 500   

ProShares Short Technology

    $ 500   

ProShares UltraShort Technology

    $ 250   

ProShares Ultra Utilities

    $ 500   

ProShares Short Utilities

    $ 500   

 

9

ProShares UltraShort Utilities

    $ 500   

ProShares Short MSCI Emerging Markets

    $ 500   

ProShares Short MSCI EAFE

    $ 500   

ProShares UltraShort MSCI Emerging Markets

    $ 250   

ProShares UltraShort MSCI Japan

    $ 500   

ProShares UltraShort MSCI EAFE

    $ 250   

ProShares UltraShort FTSE China 25

    $ 250   

ProShares UltraShort 7-10 Year Treasury

    $ 500   

ProShares UltraShort 20+ Year Treasury

    $ 500   

ProShares Ultra FTSE China 25

    $ 250 * 

ProShares Ultra FTSE China 25

    $ 875 *** 

ProShares Ultra MSCI Japan

    $ 500 * 

ProShares Ultra MSCI Japan

    $ 5,000 *** 

ProShares Ultra Telecommunications

    $ 500   

ProShares UltraShort Telecommunications

    $ 500   

ProShares Ultra MSCI EAFE

    $ 500 * 

ProShares Ultra MSCI EAFE

    $ 1,250 *** 

ProShares Ultra MSCI Emerging Markets

    $ 500 * 

ProShares Ultra MSCI Emerging Markets

    $ 1,250 *** 

ProShares UltraShort MSCI Europe

    $ 500   

 

* For any creation unit purchases or redemptions made when the Fund is invested in financial instruments and cash only.
** For any creation unit purchases or redemptions made when the Fund is invested in American Depositary Receipts in addition to any financial instruments and cash.
*** For any creation unit purchases or redemptions made when the Fund is invested in local international equities or American Depositary Receipts in addition to any financial instruments and cash.

With respect to any change from * to ** or ***, the express written approval of the Bank is required.

 

10

ProShares UltraShort MSCI Pacific ex-Japan

    $ 500   

ProShares UltraShort MSCI Brazil

    $ 250   

ProShares UltraShort MSCI Mexico Investable Market

    $ 250   

ProShares Ultra Russell3000

    $ 3,500   

ProShares UltraShort Russell3000

    $ 500   

ProShares Credit Suisse 130/30

    $ 500   

ProShares UltraPro S&P500®

    $ 1,250   

ProShares UltraPro Short S&P500®

    $ 250   

ProShares Short 7-10 Year Treasury

    $ 250   

ProShares Short 20+ Year Treasury

    $ 250   

ProShares Ultra 7-10 Year Treasury

    $ 250   

ProShares Ultra 20+ Year Treasury

    $ 250   

ProShares UltraPro Dow30

    $ 325   

ProShares UltraPro MidCap400

    $ 1,250   

ProShares UltraPro Russell2000

    $ 1750   

ProShares UltraPro QQQ

    $ 500   

ProShares UltraPro Short Dow30

    $ 250   

ProShares UltraPro Short MidCap400

    $ 250   

ProShares UltraPro Short Russell2000

    $ 250   

ProShares UltraPro Short QQQ

    $ 250   

ProShares Short Basic Materials

    $ 500   

ProShares Short Real Estate

    $ 500   

ProShares Short FTSE China 25

    $ 500   

ProShares Ultra Nasdaq Biotechnology

    $ 625   

 

11

ProShares UltraShort Nasdaq Biotechnology

    $ 500   

ProShares Ultra KBW Regional Banking

    $ 500   

ProShares Short KBW Regional Banking

    $ 500   

ProShares Ultra MSCI Europe

    $ 500 ** 

ProShares Ultra MSCI Pacific ex-Japan

    $ 500 ** 

ProShares Ultra MSCI Brazil

    $ 250 ** 

ProShares Ultra MSCI Mexico Investable Market

    $ 250 ** 

ProShares RAFI Long/Short

    $ 500   

ProShares Hedge Replication ETF

    $ 500 * 

ProShares Ultra TIPS

    $ 250   

ProShares UltraShort TIPS

    $ 250   

ProShares Short High Yield

    $ 250   

ProShares Short Investment Grade Corporate

    $ 250   

ProShares UltraShort 3-7 Year Treasury

    $ 250   

ProShares Short 7-10 Year Treasury

    $ 250   

ProShares Ultra High Yield

    $ 250   

ProShares Ultra Investment Grade Corporate

    $ 250   

 

* For any creation unit purchases or redemptions made when the Fund is invested in financial instruments and cash only.
** For any creation unit purchases or redemptions made when the Fund is invested in American Depositary Receipts in addition to any financial instruments and cash.
*** For any creation unit purchases or redemptions made when the Fund is invested in local international equities or American Depositary Receipts in addition to any financial instruments and cash.

With respect to any change from * to ** or ***, the express written approval of the Bank is required

 

12

Additional Transaction Fees.

An additional charge of up to three (3) times the normal creation redemption fee (for a total charge of up to four (4) times the normal creation redemption fee) will be collected with respect to transactions effected by Authorized Participants outside the Clearing Process.

 

PROSHARES TRUST
/s/ Louis Mayberg
Name: Louis Mayberg
Title: President
JPMORGAN CHASE BANK, N.A.
/s/ Ellen E. Crane
Name: Ellen E. Crane
Title: Executive Director

 

13