ProFunds UltraShort Latin America Fund Investor Class

 (MUTF:UFPIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-1.86%  
1 week
   
-7.48%  
4 week
   
-11.50%  
3 month
   
-16.52%  
YTD
   
-23.30%  
1 year
   
-29.58%  
3 years*
   
-8.76%  
5 years*
   
-25.31%  
*annualized
Best 3 month return+61.26%  
Worst 3 month return-65.24%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets2.89M 
Front load-  
Deferred load-  
Expense ratio1.78%  
Management fee-  
Fund familyProFunds 

Asset allocation

Cash100.00%  
Stocks0.00%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$15,000  
IRA Initial$15,000  
AIP Initial$15,000  
11.62-0.22(-1.86%)
Jul 24, 4:00PM EDT

Description

The investment seeks daily investment results, before fees and expenses, that correspond to twice the inverse (-2x) of the daily performance of the Bank of New York Mellon Latin America 35 ADR´┐Ż Index. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is designed to track the performance of a basket of companies that have their primary equity listing on stock exchanges of Latin American countries and that have Depositary Receipts that trade on a U.S. exchange or on The NASDAQ Stock Market. It is non-diversified.
Fund filings (PDF) »
Asset manager:
Alexander Ilyasov (Started: Nov 30, 2009)
Advisor Company:
ProFund Advisors LLC
Fund family reports on Morningstar »
Profunds, 3435 Stelzler Rd, Columbus, OH 43219, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 36.19 53.26 26.68     -
Beta* -2.38 -2.88 -2.54     -
Mean annual return -1.46 0.58 -1.62     -
R-squared* 30.58 54.94 55.50     -
Standard deviation 40.76 47.60 45.72     -
Sharpe ratio -0.43 0.14 -0.43     -
* Against standard index