ProFunds UltraBear Inv
Profunds3435 Stelzler RdColumbus, OH 43219
Map
Phone: 888-776-3637
| Category: | Bear Market | | Fund Family: | ProFunds | | Net Assets: | 25.02M | | Year-to-Date Return: | -19.00% | | Yield: | 0.00% | | Morningstar Rating: | N/A | | Fund Inception Date: | Dec 21, 1997 |
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Hratch Najarian
Lead Manager since Oct 30, 2010 | | | 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. |
| 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 S&P 500®.
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. It is a float-adjusted, market capitalization weighted index of 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. The fund is non-diversified. |
| Last Dividend
(Dec 29, 2008)
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| 0.13 | | Last Cap Gain
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| N/A | | Annual Holdings Turnover
(Oct 5, 2010)
:
| 1,297.00% | | Average for Category: | 501.50% |
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| Expense | URPIX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.69% | 1.94% | | Prospectus Net Expense Ratio: | 1.69% | N/A | | Prospectus Gross Expense Ratio: | 1.69% | N/A | | Max 12b1 Fee: | 0.00% | N/A | | Max Front End Sales Load: | N/A | 4.88% | | Max Deferred Sales Load:
| N/A | 1.00% | | 3 Yr Expense Projection*: | 533 | 773 | | 5 Yr Expense Projection*: | 918 | 1,275 | | 10 Yr Expense Projection*: | 1,998 | 2,645 |
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0.21(2.00%) May 17