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� 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) »
Alexander Ilyasov (Started: Nov 30, 2009)
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Profunds, 3435 Stelzler Rd, Columbus, OH 43219, USA