ProFunds UltraShort Latin America Fund Service Class

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

Performance

Trailing returns

1 day   +0.73%
   
1 week   +2.14%
   
4 week
   
-27.86%  
3 month
   
-14.89%  
YTD
   
-56.25%  
1 year
   
-38.40%  
3 years*
   
-4.06%  
5 years*
   
-1.87%  
*annualized
Best 3 month return+66.76%  
Worst 3 month return-65.31%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets9.67M 
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  
14.18+0.35(2.53%)
Jul 27, 8:00PM 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* 21.72 42.54 48.39     -
Beta* -2.52 -2.50 -2.73     -
Mean annual return 0.84 1.14 1.28     -
R-squared* 27.26 26.93 39.71     -
Standard deviation 70.08 54.23 52.47     -
Sharpe ratio 0.14 0.25 0.29     -
* Against standard index