ProFunds UltraShort Latin America Fund Investor Class

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

Performance

Trailing returns

1 day
   
-3.04%  
1 week   +5.18%
   
4 week   +14.73%
   
3 month   +2.37%
   
YTD
   
-11.55%  
1 year
   
-6.62%  
3 years*
   
-13.91%  
5 years*
   
-18.90%  
*annualized
Best 3 month return+61.26%  
Worst 3 month return-65.24%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets2.73M 
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  
14.43+0.04(0.28%)
Sep 30, 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* 26.66 61.54 23.04     -
Beta* -2.84 -3.20 -2.53     -
Mean annual return -3.23 -0.05 -1.54     -
R-squared* 33.52 59.48 53.87     -
Standard deviation 41.14 48.05 45.40     -
Sharpe ratio -0.94 -0.01 -0.41     -
* Against standard index