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ProFunds UltraShort Latin America Inv

UFPIX
17.88
+0.26
+1.48%
4/28/2016
5 Years
  • Previous Close

    17.62

  • Net Assets

    7.88M

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    1.78%

  • Category

    Bear Market

  • Morningstar Risk

    -

  • Morningstar Rating -
Profile

Name of Issuer

ProFunds

Fund Style

Open

Fund Manager

Alexander Ilyasov

Investment Style

-

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 ADRĀ® 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.

Purchase Information

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

Inception

10/16/2007

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