ProFunds UltraShort Latin America Fund Service Class

 (MUTF:UFPSX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +2.41%
   
1 week   +1.43%
   
4 week   +1.92%
   
3 month   +26.19%
   
YTD
   
-0.35%  
1 year
   
-0.29%  
3 years*   +13.81%
   
5 years*
   
-9.55%  
*annualized
Best 3 month return+60.87%  
Worst 3 month return-65.31%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets6.05M 
Front load-  
Deferred load-  
Expense ratio2.78%  
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  
17.09+0.08(0.47%)
Feb 26, 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* 50.93 65.19 37.79     -
Beta* -2.98 -2.75 -2.51     -
Mean annual return 0.86 1.64 -0.05     -
R-squared* 27.56 38.45 51.77     -
Standard deviation 45.38 41.30 45.15     -
Sharpe ratio 0.23 0.48 -0.02     -
* Against standard index