ProFunds UltraShort Latin America Fund Investor Class

 (MUTF:UFPIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-2.83%  
1 week   +3.66%
   
4 week   +17.77%
   
3 month   +44.57%
   
YTD   +49.86%
   
1 year   +151.05%
   
3 years*   +21.44%
   
5 years*   +5.10%
   
*annualized
Best 3 month return+61.26%  
Worst 3 month return-65.24%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets7.10M 
Front load-  
Deferred load-  
Expense ratio1.78%  
Management fee-  
Fund familyProFunds 

Asset allocation

Cash96.88%  
Stocks0.00%  
Bonds0.00%  
Other3.12%  

Purchase information

Initial$15,000  
IRA Initial$15,000  
AIP Initial$15,000  
29.16+1.72(6.27%)
Sep 4, 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* 103.20 59.46 54.33     -
Beta* -2.02 -2.30 -2.69     -
Mean annual return 8.44 2.31 1.07     -
R-squared* 19.91 25.44 47.60     -
Standard deviation 48.96 43.48 46.36     -
Sharpe ratio 2.07 0.64 0.28     -
* Against standard index

Top 10 holdings