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ProFunds Short Precious Metals Inv

SPPIX
8.12
-0.22
-2.64%
2/12/2016
5 Years
  • Previous Close

    8.34

  • Net Assets

    5.75M

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    1.75%

  • Category

    Trading-Inverse Commodities

  • Morningstar Risk

    -

  • Morningstar Rating -
Profile

Name of Issuer

ProFunds

Fund Style

Open

Fund Manager

Michael Neches

Investment Style

-

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones Precious MetalsSM Index. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the precious metals mining sector. The fund is non-diversified.

Purchase Information

Initial Purchase 15,000
Initial Purchase: IRA 15,000
Initial Purchase: AIP 15,000

Inception

1/9/2006

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