ProFunds UltraShort Latin America Inv Profunds3435 Stelzler RdColumbus, OH 43219 Map Phone: 888-776-3637
| Category: | Bear Market | | Fund Family: | ProFunds | | Net Assets: | 6.99M | | Year-to-Date Return: | 40.28% | | Yield: | 0.00% | | Morningstar Rating: | N/A | | Fund Inception Date: | Oct 16, 2007 |
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Alexander V. Ilyasov Lead Manager since Nov 30, 2009 | | | Ilyasov joined WAMâs predecessor entity in September 2005 as a member of its International Investment Team. Since joining in 2005, he has been involved in supporting WAMâs international equity product line. |
| 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 |
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| 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 ADR® 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. |
| Last Dividend
(Dec 26, 2007)
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| 0.09 | | Last Cap Gain
:
| N/A | | Annual Holdings Turnover
(Oct 5, 2010)
:
| N/A | | Average for Category: | 531.63% |
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| Expense | UFPIX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.73% | 1.93% | | Prospectus Net Expense Ratio: | 1.78% | N/A | | Prospectus Gross Expense Ratio: | 2.50% | N/A | | Max 12b1 Fee: | 0.00% | N/A | | Max Front End Sales Load: | N/A | 4.89% | | Max Deferred Sales Load:
| N/A | 1.00% | | 3 Yr Expense Projection*: | 710 | 768 | | 5 Yr Expense Projection*: | 1,266 | 1,268 | | 10 Yr Expense Projection*: | 2,782 | 2,632 |
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