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ProFunds UltraShort Emerg Mkt Inv

UVPIX
9.58
+0.05
+0.52%
5/4/2016
5 Years
  • Previous Close

    9.53

  • Net Assets

    5.51M

  • 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 that correspond to two times the inverse (-2x) of the daily performance of the Bank of New York Emerging Markets 50 ADR 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 is designed to track the performance of a basket of companies who have their primary equity listing on a stock exchange of an emerging market country and who also have Depositary Receipts that trade on a U.S. exchange. It is non-diversified.

Purchase Information

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

Inception

4/19/2006

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