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ProFunds UltraBear Inv

URPIX
4.11
+0.03
+0.74%
12/1/2016
5 Years
  • Previous Close

    4.08

  • Net Assets

    20.63M

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    1.64%

  • 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, before fees and expenses, that correspond to twice the inverse (-2x) of the daily performance of the S&P 500® 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. It is a float-adjusted, market capitalization-weighted index of approximately 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.

Purchase Information

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

Inception

12/22/1997

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