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ProFunds UltraShort NASDAQ-100 Inv

USPIX
8.96
-0.12
-1.34%
7/26/2016
5 Years
  • Previous Close

    9.08

  • Net Assets

    20.76M

  • 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

Michael Neches

Investment Style

-

The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the NASDAQ-100® Index. The fund invests in derivatives that ProFund Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index, a modified market capitalization-weighted index, includes approximately 100 of the largest non-financial domestic and international issues listed on The NASDAQ Stock Market. The fund is non-diversified.

Purchase Information

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

Inception

6/2/1998

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