ProFunds UltraShort Latin America Fund Investor Class

 (MUTF:UFPIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-8.23%  
1 week   +6.04%
   
4 week   +23.64%
   
3 month   +63.35%
   
YTD   +33.27%
   
1 year   +27.30%
   
3 years*   +4.45%
   
5 years*
   
-5.86%  
*annualized
Best 3 month return+61.26%  
Worst 3 month return-65.24%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets4.80M 
Front load-  
Deferred load-  
Expense ratio1.78%  
Management fee-  
Fund familyProFunds 

Asset allocation

Cash92.64%  
Stocks0.00%  
Bonds0.00%  
Other7.36%  

Purchase information

Initial$15,000  
IRA Initial$15,000  
AIP Initial$15,000  
19.31-0.88(-4.36%)
Dec 18, 4:00PM EST

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* 71.74 60.58 38.26     -
Beta* -3.79 -2.90 -2.55     -
Mean annual return 0.94 0.35 -0.13     -
R-squared* 42.52 40.39 53.50     -
Standard deviation 47.82 41.19 45.32     -
Sharpe ratio 0.24 0.10 -0.04     -
* Against standard index

Top 10 holdings