ProFunds UltraShort Latin America Fund Service Class

 (MUTF:UFPSX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-1.92%  
1 week   +1.69%
   
4 week
   
-25.85%  
3 month
   
-15.61%  
YTD
   
-7.08%  
1 year   +5.41%
   
3 years*
   
-3.18%  
5 years*
   
-32.03%  
*annualized
Best 3 month return+60.87%  
Worst 3 month return-65.31%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets5.13M 
Front load-  
Deferred load-  
Expense ratio2.78%  
Management fee-  
Fund familyProFunds 

Asset allocation

Cash97.96%  
Stocks2.04%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$15,000  
IRA Initial$15,000  
AIP Initial$15,000  
12.97-0.28(-2.11%)
Apr 17, 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* 78.65 49.99 24.03     -
Beta* -2.70 -2.80 -2.72     -
Mean annual return 1.98 0.80 -2.56     -
R-squared* 33.24 54.59 58.50     -
Standard deviation 46.66 47.20 49.65     -
Sharpe ratio 0.51 0.20 -0.62     -
* Against standard index

Top 10 holdings