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ProFunds Biotechnology UltraSector Svc (BIPSX)

136.06 Up 2.31(1.73%) May 2


Profile as of Mar 30, 2013Get Profile for:
ProFunds Biotechnology UltraSector Svc
Profunds3435 Stelzler RdColumbus, OH 43219
Map
Phone: 888-776-3637
Fund Overview 
Category:Health
Fund Family:ProFunds
Net Assets:167.68M
Year-to-Date Return:37.06%
Yield:0.00%
Morningstar Rating:4 stars
Fund Inception Date:Jun 18, 2000
Morningstar Style Box 
Health
[View Category Definition]
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About the Morningstar Style Box
Management Information 
Hratch Najarian
Lead Manager since Sep 30, 2011
Najarian has been an associate portfolio manager with ProFund Advisors since 2004. Previously, he worked as a portfolio analyst for ProFund Advisors from 2003 to 2004, junior analyst from 2002 to 2003 and institutional client services representative from 2000 to 2002.
Investment Information 
Min Initial Investment:15,000
Min Initial Investment, IRA:15,000
Min Initial Investment, AIP:15,000
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
BIPSX can be purchased from 45 brokerages.

Fund Summary 
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. BiotechnologySM Index. The fund invests in securities and derivatives that the adviser believes, in combination, should have similar daily return characteristics as one and one-half times (1.5x) the daily return of the index. The index measures the performance of the biotechnology sector of the U.S. equity market. It is non-diversified.

Fund Operations 
Last Dividend : N/A
Last Cap Gain : N/A
Annual Holdings Turnover (Oct 5, 2010) : 37.00%
Average for Category:62.51%
Fees & Expenses 
ExpenseBIPSXCategory Avg
Annual Report Expense Ratio (net):2.73%1.52%
Prospectus Net Expense Ratio:2.78%N/A
Prospectus Gross Expense Ratio:3.00%N/A
Max 12b1 Fee:1.00%N/A
Max Front End Sales Load:N/A5.28%
Max Deferred Sales Load: N/A2.66%
3 Yr Expense Projection*:907646
5 Yr Expense Projection*:1,5581,000
10 Yr Expense Projection*:3,3021,969
* Per $10,000 invested