ProFunds UltraShort Latin America Fund Investor Class

 (MUTF:UFPIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-7.93%  
1 week
   
-12.50%  
4 week   +5.71%
   
3 month   +40.87%
   
YTD   +5.71%
   
1 year   +101.00%
   
3 years*   +45.20%
   
5 years*   +16.96%
   
*annualized
Best 3 month return+67.10%  
Worst 3 month return-65.24%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets19.12M 
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  
34.95+1.26(3.74%)
Feb 5, 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* 72.35 71.84 53.99     -
Beta* -1.92 -2.27 -2.60     -
Mean annual return 6.01 3.86 2.12     -
R-squared* 32.90 31.47 45.20     -
Standard deviation 47.86 44.20 46.27     -
Sharpe ratio 1.50 1.05 0.55     -
* Against standard index