ProFunds UltraShort Latin America Fund Investor Class

 (MUTF:UFPIX)   Watch this mutual fund  
Find more results for MUTF:UFPIX

Performance

Trailing returns

1 day   +0.00%  
1 week   +1.59%
   
4 week
   
-7.02%  
3 month
   
-6.36%  
YTD
   
-5.95%  
1 year   +26.25%
   
3 years*   +0.47%
   
5 years*
   
-12.57%  
*annualized
Best 3 month return+61.26%  
Worst 3 month return-65.24%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets3.63M 
Front load-  
Deferred load-  
Expense ratio1.78%  
Management fee-  
Fund familyProFunds 

Asset allocation

Cash90.75%  
Stocks0.00%  
Bonds0.00%  
Other9.25%  

Purchase information

Initial$15,000  
IRA Initial$15,000  
AIP Initial$15,000  
17.53+0.31(1.80%)
May 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* 68.90 62.45 38.12     -
Beta* -3.10 -2.79 -2.49     -
Mean annual return 2.49 1.50 0.24     -
R-squared* 31.16 36.25 48.48     -
Standard deviation 50.24 44.18 46.34     -
Sharpe ratio 0.59 0.40 0.06     -
* Against standard index

Top 10 holdings