ProFunds UltraShort Latin America Fund Service Class

 (MUTF:UFPSX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-6.41%  
1 week   +9.92%
   
4 week   +24.55%
   
3 month   +53.51%
   
YTD   +58.99%
   
1 year   +148.31%
   
3 years*   +24.54%
   
5 years*   +2.40%
   
*annualized
Best 3 month return+60.87%  
Worst 3 month return-65.31%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets5.35M 
Front load-  
Deferred load-  
Expense ratio2.78%  
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  
24.56-2.58(-9.51%)
Aug 27, 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* 100.52 59.34 49.70     -
Beta* -2.72 -2.30 -2.60     -
Mean annual return 5.87 1.76 0.74     -
R-squared* 23.56 21.71 44.70     -
Standard deviation 51.23 42.37 45.59     -
Sharpe ratio 1.38 0.50 0.19     -
* Against standard index

Top 10 holdings