ProFunds UltraShort Latin America Fund Investor Class

 (MUTF:UFPIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +1.39%
   
1 week   +7.30%
   
4 week   +18.29%
   
3 month   +28.69%
   
YTD   +0.86%
   
1 year   +13.05%
   
3 years*
   
-6.51%  
5 years*
   
-12.45%  
*annualized
Best 3 month return+61.26%  
Worst 3 month return-65.24%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets4.58M 
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  
15.07+0.42(2.87%)
Oct 21, 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* 72.30 58.85 31.49     -
Beta* -3.51 -3.00 -2.55     -
Mean annual return 0.63 -0.42 -0.65     -
R-squared* 40.95 50.46 53.34     -
Standard deviation 48.61 44.58 46.08     -
Sharpe ratio 0.16 -0.11 -0.17     -
* Against standard index

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